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.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 3
Listing Office:
Office Name: Marcus & Millichap
Office Email: kking@marcusmillichap.com
Listing Agent: Kevin King
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 7 spaces
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Other
Directions Information:
Directions: 5th St. & Marrietta Ct.
Price Information
Listing Price Info
Price Summary:
List Price: $4,500,000
Tax Information:
Annual Amount: $14,076
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Long Beach, CA.
This property is $3.6M more than the Median Sold Price in Long Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24229677
Listing Office:
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: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 30, 1996
Sep 30, 1996Home Sold
$370,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,076
$975,432
2020
$13,872
$964,461
2019
$13,469
$945,551
2018
$13,326
$927,011
2017
$13,326
$908,835
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Robert Louis Stevenson Elementary School
515 Lime Ave
Distance between this listing and this school0.07 miles
Public District Grades KG-5
5
/10
Oropeza Elementary School
700 Locust Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-5
6
/10
Lincoln Elementary School
1175 E 11th St
Distance between this listing and this school0.63 miles
Public District Grades KG-5
Nearby Schools
4
/10
Franklin Classical Middle School
540 Cerritos Ave
Distance between this listing and this school0.29 miles
Public District Grades 6-8
3
/10
Washington Middle School
1450 Cedar Ave
Distance between this listing and this school1.06 miles
Public District Grades 6-8
4
/10
Jessie E. Nelson Academy
1951 Cherry Ave
Distance between this listing and this school1.56 miles
Public District Grades 6-8
Nearby Schools
5
/10
Renaissance High School for the Arts
235 E 8th St
Distance between this listing and this school0.50 miles
Public District Grades 9-12
1
/10
Clear Passage Educational Center
1471 Martin Luther King Jr Ave
Distance between this listing and this school0.79 miles
Public Charter Grades 9-12
6
/10
Polytechnic High School
1600 Atlantic Ave
Distance between this listing and this school0.95 miles
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. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 737 E 5th St
What is the listing price of this property?
The listing price of 737 E 5th St property is $4,500,000.
What type of property is this?
The property 737 E 5th St is a condo located in Long Beach, California, 90802.
Is this property for sale now?
Active Listing: 737 E 5th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $14,076 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 30, 1996 for $370,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 737 E 5th St is 1964.
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This home is located at 737 E 5th St in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This home, which was built in 1964, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $4,500,000.
While more than 66 listings in Long Beach, CA in November 2024 were sold above asking price, there were more than 32 listings sold at asking price, and more than 64 were sold below. The number of homes for sale in Long Beach, CA decreased by 10.6% between October 2024 and November 2024. Listings spent 35 days on the market in November 2024, and had a median list price of $825,128 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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