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Closed
- Listed price
- $2,500,000
- Listed Nov 1, 2023
- Sold price
- $2,448,000
- Sold Feb 22, 2024
6,746 sqft lot|1986 Built|5 days listed
1621 E 5th St, Long Beach, CA 90802
Property Description
8-UNIT BUILDING LESS THAN A MILE TO THE OCEAN in Alamitos Beach in Long Beach. You must drive by this 8-unit building of 2 bedrooms, and 2 baths each unit has its own balcony. 12 gated parking spaces and a Laundry room on ground level with room to improve rents. All 8 units are separately metered for gas and electricity. Units each have a comfortable layout with a master suite with an ensuite full bath then a second bedroom and another full bath in the hall. is in a great pocket neighborhood on 5th St. Built in '87 Well-maintain building fully occupied and the owner has invested in remodeled with floors, paint, appliances, etc. Top floor 4 units have cathedral ceilings for a very open feel. Great location minutes from the beach, restaurants, grocery stores, Retro Row on 4th Street (between Cherry and Junipero), close to Cal State Long Beach, Long Beach Community College 710 & 605 freeways, and transportation. You will not find a better return for this condition of building. The building is virtually turn-key with an upside in rental income to boot! THE SELLER IS MOTIVATED AND ENTERTAINING ALL OFFERS!
Listing agent: Monica EsquivelDRE #01715564Monica4realestateservices@gmail.com, Listing office: West Shores Realty, Inc.
MLS data updated 10/20/2026, 2:59:21 PM PT
Source: CRMLSMLS #: PW23204477
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,448,000
Feb 22, 2024
Available records22023–2024
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,448,000Closed sale · Feb 22, 2024ZIP 90802 · Feb 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsNov 1, 2023 – Feb 22, 2024
ZIP 90802 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.