9 bedroom house for sale

Overview

Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs

1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs. For more details and to contact: https://realtyww.info/homes_long-beach-d523493/for-sale_i69553915