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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Aaron Jacobson, DRE #02100737 • Lyon Stahl Investment Real Estate, Inc.

$ 1,395,000

Est. payment | -/mo

3 Beds

1 Bath

3,344 SqFt

Save

$ 1,395,000

Est. payment | -/mo

Save

3 Beds

1 Bath

3,344 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,344 sqft

Price per Sqft $417

MLS Listing ID CRSB26186346

Bedrooms 3

Full Baths 1

Year Built 1923

Lot Size 7,518 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

531 W 5th St presents a unique opportunity for a buyer seeking the space, privacy, and flexibility of a single-family residence with the added benefit of substantial rental income. The property features a vacant 3-bedroom/1-bath front home with a full kitchen, dedicated dining area, Ring camera, and mini-split system, offering the feel and functionality of a standalone residence while the additional units generate income to help offset ownership costs. Beyond the main home, the property includes six additional rental units and a vacant 5-car garage, creating exceptional flexibility for an owner-occupant. The garage provides ample parking and storage, with the potential to generate additional income or be incorporated into the property's future development plans. For a homeowner, 531 W 5th St offers a rare chance to enjoy a private 3-bedroom residence while benefiting from multiple additional income streams. For extended families, multigenerational households, or buyers looking for additional space and flexibility, the property's existing layout and development potential create numerous possibilities rarely available in the Long Beach market. Ideally located just minutes from Downtown Long Beach, the property provides convenient access to the area's renowned restaurants, bars, sho

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Rooms

Family Room Other

Interior

Cooling Window / Wall Unit

Fireplaces Type None

Laundry None

Exterior

Garage Spaces 4.0

Pool None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 7278021039

Special Listing Condition Not Applicable

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

531 W 5th ST Long Beach, CA 90802