1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The...
1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.
Listing Courtesy of Keller Williams - Santa Monica, Email/Phone : 310-463-2916
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
features
Parking
Garage
Community
Sidewalks
PROPERTY INFORMATION
Community Info
Sidewalks
Garage Info
4
Sewer
PublicSewer
Water
Public
EXTERIOR
Lot Description
Item1620UnitsAcre
ADDITIONAL INFORMATION
Number of Units
16
Listing Courtesy of Keller Williams - Santa Monica, Email/Phone : 310-463-2916