719 E 5th St, Long Beach, CA 90802

Property Description

As you walk past the trendy, independently-owned merchants, coffee shops, and eateries of the East Village Arts District, a fully-remodeled, charming Craftsman fourplex catches your eye. Your first thought: “this must be 719 E. 5th Street!” This property has been meticulously cared for by the current owner, who has treated this as their most prized project. All units contain quartz countertops, fully remodeled kitchens, fully remodeled bathrooms, new flooring, and new paint, all of which are complemented by the hand-selected vintage light fixtures and hardware. To attract and retain the best tenants, each unit has been equipped with air conditioning and laundry — and if that’s not enough, there are 7 parking spaces for the property and a private outdoor space for each unit. It is not hard to understand why the property achieves the highest rents in the area, bringing in over $110,000 annually. This investment truly offers a unique chance to own a prize property in East Village, while generating an income high enough to satisfy any investor.