#PW25068214, Kevin King, Listing Office: Marcus & Millichap
$2,150,000 List price
5290 E Division St Long Beach, CA 90803
$10,000
Closing credit¹
0.08 acres
Condo
Property details
About 5290 E Division St
Income and expense are using projected market rents and put property operating at projected 5.48% Cap and 12.4X Gross (Estimated current 4.34% and 14.4X). Located in the affluent community of Belmont Shore, a Southern California beach community and “college town” being just a few minutes from CSU Long Beach. Both buildings (also for sale with 102 Argonne 10U for $2,750,000) are meticulously cared for, and both have been upgraded with copper plumbing, electrical breakers, and most unit interiors have been upgraded. The investment provides the opportunity to increase your return by increasing the rents to market and separate metering the building utilities, therefore, providing immediate lower overhead/increased cash flow and continued added value in the future with rising utility costs being transferred to the tenants. Laundry is leased and managed by a 3rd party offering further income upside by canceling the contract and installing your own machines. Some units may be rented at amounts different than current income rent roll. Insurance rates may not be current rate for new owner, so buyer must get own insurance quotes including flood insurance if needed. Street parking only.
Highlights
Home typeCondominium
StatusActive
Lot size0.08 Acres
Year built1952
MLS #PW25090414
Summary
- Private Pool: No
- Parking: None
- Cooling: None
- List Price: $2,150,000
- Annual Tax Amount: $10,415
- Tax Year: 2024
- Lot: Corner Lot
- Directions: 2nd Street, Turn east on Glendora, Right on 1st St will be on right at Division Street
- Year Built: 1952
- Stories: 2
- Lot Size: 0.08 Acres
- MLS Number: PW25090414
- MLS Name: CRMLS
- Office Name: AJ Nay, Broker
- Office Phone: (305) 433-3300
- Listing Agent: AJ Nay
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,150,000
5290 E Division St
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $737,571 | $10,415 |
| 2023 | $723,130 | $10,222 |
| 2022 | $708,972 | $9,608 |
| 2021 | $695,092 | $9,393 |
| 2020 | $686,936 | $9,258 |
| 2019 | $673,468 | $9,024 |
| 2018 | $660,264 | $8,926 |
| 2017 | $647,318 | $8,926 |
History based on county public records data.
Nearby schools
9
Naples Bayside Academy
Public District KG-5
0.4 mi
•5537 E the Toledo
7
Lowell Bayside Academy
Public District KG-5
0.5 mi
•5201 E Broadway
8
Fremont Elementary School
Public District KG-5
1.1 mi
•4000 E 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $111,413. Typical income of Long Beach, CA residents is between $100k-200k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
8%
<35k
31%
35k-100k
50%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
5%
Single, with Kids
21%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
24%
18-34 yrs old
51%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Boston Market
Starbucks
Jack In The Box
What do the neighbors drive?
Mercedes
Audi
BMW
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5290 E Division St
The listing price of 5290 E Division St property is $2,150,000.
The property 5290 E Division St is a condo located in Long Beach, California, 90803.
Active Listing: 5290 E Division St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5290 E Division St are: Naples Bayside Academy (GreatSchools Rating 9/10), Lowell Bayside Academy (GreatSchools Rating 7/10), Fremont Elementary School (GreatSchools Rating 8/10), Rogers Middle School (GreatSchools Rating 7/10), Jefferson Leadership Academies (GreatSchools Rating 7/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Wilson High School (GreatSchools Rating 6/10), Eunice Sato Academy of Math & Science (GreatSchools Rating 10/10), Richard D. Browning High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $10,415 (source: MLS/based on county public records data).
The property at 5290 E Division St has 0 bathroom.
The year of construction for 5290 E Division St is 1952.
This home is located at 5290 E Division St in Long Beach, CA and zip code 90803 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $2,150,000.
In March 2025 more than 58 listings in Long Beach, CA were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 59 were sold below. Between February and March 2025, Long Beach, CA real estate market has seen increase in the number of listings by 5%. In March 2025 median list price was $830,250 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.