#PW24114256, Michael Robinson, Listing Office: Broadmoor Realty, Inc.
$4,400,000 List price
737 E 5th St Long Beach, CA 90802
0.2 acres
Condo
Property details
About 737 E 5th St
New Pricing and Recent Rent Increases!” “Now a 6.21% Cap Rate at List Price. We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
Highlights
Home typeCondominium
HeatingNatural Gas
StatusActive
Lot size0.1714 Acres
Year built1964
MLS #PW24229677
Garage7 spaces
Summary
- MLS Number: PW24229677
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Email: kking@marcusmillichap.com
- Listing Agent: Kevin King
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: 4/12/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$4,400,000
737 E 5th St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 30, 1996 | Home Sold | $370,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,035,074 | $15,629 |
| 2023 | $1,014,798 | $15,343 |
| 2022 | $994,920 | $14,458 |
| 2021 | $975,432 | $14,075 |
| 2020 | $964,461 | $13,872 |
| 2019 | $945,551 | $13,469 |
| 2018 | $927,011 | $13,326 |
| 2017 | $908,835 | $13,326 |
History based on county public records data.
Nearby schools
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.1 mi
•515 Lime Ave
5
Oropeza Elementary School
Public District KG-5
0.5 mi
•700 Locust Ave
6
Lincoln Elementary School
Public District KG-5
0.6 mi
•1175 E 11th 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 $30,533. The majority of Long Beach, CA residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
57%
<35k
28%
35k-100k
13%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
21%
Single, with Kids
7%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
White Castle
Jack In The Box
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
1 day on Rocket
#PW25079041, Shane Young, Listing Office: Younglewin Advisors, Inc.
#PW24173858, Alec Kara, Listing Office: Keller Williams Pacific Estate
#SB25049974, Cameron Samimi, Listing Office: Lyon Stahl Investment Real Estate, Inc.
#PW25052704, Kristina Moore, Listing Office: The Moore Group
Tour
#PW25048172, Charles Provenzano, Listing Office: Vista Sotheby's Int'l Realty
#IV24250595, JENNIFER MENDOZA, Listing Office: EXP REALTY OF CALIFORNIA INC
#PW25052215, Alan Silva, Listing Office: Compass
$10,000 Closing Credit¹
#PW25062508, Cameron Jacques, Listing Office: Kinnery's Brokerage House
$10,000 Closing Credit¹
#SB24178968, Jack Bliss, Listing Office: J & P Realty
Frequently asked questions
About 737 E 5th St
This home is located at 737 E 5th St in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 7, 2024 and is currently priced at $4,400,000.
Long Beach, CA housing market in March 2025 saw over 58 listings sold above listed price, more than 28 sold at listed price and over 59 sold below. The inventory of homes for sale in Long Beach, CA between February and March 2025 increased by 5%. The median list price of listings available in March 2025 was $830,250, while the average time on the real estate market was 32 days.
From Rocket Homes Real Estate and based on county public records data.