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Closed
- Listed price
- $1,495,000
- Listed Apr 13, 2018
- Sold price
- $1,495,000
- Sold Aug 6, 2018
7,503 sqft lot00|54 days listed
437 E 5TH St, Long Beach, CA 90802
Property Description
437 E 5th Street is a fully entitled 18-unit mixed use development opportunity located on the north side of 5th Street in Downtown Long Beach, CA. This unique development opportunity is positioned on approximately 7,503 square feet of vacant land. 437 East 5th Street is ideally located in the high demand submarket of Downtown Long Beach, which boasts a high-end young adult demographic, dense immediate population, high barriers to entry, and strong market fundamentals yielding an investor/developer landlord favored market conditions with significant growth potential. Centrally located within walking distance of the beach and Historic Pine Avenue, and convenietly positioned in the center of a broad range of employment and retail options, 437 East 5th Street is surrounded by affluent high-end neighborhoods, boutique bars / restaurants and one of the world's most sought-after master-planned marinas.
Listing agent: Lonnie McDermottDRE #01874375lonnie.mcdermott@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 10/19/2026, 6:36:51 PM PT
Source: CRMLSMLS #: 18349980
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,495,000
Aug 6, 2018
Available records22018
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
No recordNo property-price record in this range.ZIP 90802 · Oct 2026
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 · 0 price recordsNo records in this period
ZIP 90802 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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
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MLS records may be incomplete. Earlier asking prices are not sale prices.