MLS #PW26101958

1130 5th Street

Long Beach, CA 90802

List Price$1,450,000
10,020Lot Sq Ft

Property Description

• Across the street from Franklin Classical Middle School

• Minutes to Alamitos Beach & Downtown Long Beach

• Walking distance to 4th Street Retro Row – Walk Score of 92

• Upgraded electric panels

• Approximately 18% rental upside

• 6.5% Cap Rate – current rents 8.5% Cap Rate – market rents

• Pro Forma 12% Return