531 W 5th Street
Long Beach, CA 90802
3
Bed
1
Bath
3,344Sqft
7,518Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1 -
Interior Features
BedroomOnMainLevel, MainLevelPrimaryLaundry Features: None -
Heating & Cooling
Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1923Stories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 7518 Lot Size Acres: 0.1726 Lot Size Source: Assessor Lot Size Square Feet: 7,518 Lot Description: ZeroToOneUnitAcreProperty Information
Subdivision: Alamitos Beach (AB) Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 103
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Listing Price Information
Listing Price: $1395000Cash, CashToNewLoan, Conventional, Contract
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Tax Information
Parcel Number: 7278021039 Tax Lot: 22 Tax Block: 145
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Parking Information
Parking Total: 4Garage Information
Has Garage: Yes Garage Space: 4
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Location Information
Direction: East of Pacific Ave and West of Magnolia Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1738 E 4th, Long Beach, CA, 90802 | $299,998 | -- | 1 | 397 | 397 SqFt |
| 1738 E 4th Street #15, Long Beach, CA, 90802 | $279,000 | -- | 1 | 398 | 398 SqFt |
| 1427 E 4th, Long Beach, CA, 90802 | $1,999,000 | 2 | 6 | -- | |
| 530 Almond Avenue, Long Beach, CA, 90802 | $1,250,000 | 3 | 2 | 1,962 | 1,962 SqFt |
| 1250 E 4th, #8, Long Beach, CA, 90802 | $280,000 | 1 | 1 | 654 | 654 SqFt |
| 216 Esperanza, Long Beach, CA, 90802 | $1,394,900 | 4 | 4 | -- | |
| 1310 E Ocean #405, Long Beach, CA, 90802 | $819,000 | 1 | 1 | 990 | 990 SqFt |
| 1152 E 1st Street, Long Beach, CA, 90802 | $6,999,000 | 8 | 30 | 19,800 | 19,800 SqFt |
| 437 Bonito, Long Beach, CA, 90802 | $2,450,000 | 11 | 10 | -- | |
| 1142 E 1st Street, Long Beach, CA, 90802 | $3,475,000 | 14 | -- | 8,965 | 8,965 SqFt |
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ByOwner last updated this listing 08/26/2026 @ 02:45
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