532 W 5th Street, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 1 bath

532 W 5th Street, Long Beach, California 90802 home-pic-0
ACTIVE$630,000
532 W 5th Street, Long Beach, California 90802
2Beds
1Bath
825Sqft
1,556Lot
Year Built
1904
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
$764
HOA
-
Days on market
-
Sold On
-
MLS number
MB25158278
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $630.0K(20th), sqft - 825(10th), beds - 2(40th), baths - 1(30th).

Welcome home to this newly remodeled and freshly painted interior and exterior and statement making front entry door. Upon entry, you’ll instantly start imagining all the possibilities offered by this great floor plan. Discover the charm and character of this beautifully renovated 2-bedroom, 1-bathroom home, nestled in the vibrant heart of Downtown Long Beach. Recent enhancements include a newly remodeled kitchen, featuring new cabinetry that offers plenty of space for the chef in your family to work their culinary magic, as well as, more than enough cabinetry for all of your kitchen needs. You will love the white quartz granite countertops in the large kitchen. Newer stainless steel appliances and indoor laundry hookups and much more! New laminate flooring throughout and remodeled bathroom with custom tile work that blends modern elegance with comfort. Both 2 bedrooms offer ample closet space and natural light. Own your own home and walk to the beach and marina just a few blocks away. Walk to the train station 0.3 miles away. The current rent is $3,500. The tenant is moving out and the home can be delivered vacant in 30 days. Ask about buying this home zero down. Just minutes away from Shoreline Village, you'll have easy access to scenic bike rides, breathtaking beach views, and the option to take a ferry for a delightful day on the water. For a true getaway, hop on a boat ride to Catalina Island and experience the perfect island escape. Plus, you’ll be surrounded by a diverse array of top-notch restaurants, shops, and entertainment options that Downtown Long Beach has to offer. With convenient access to the 710 freeway, commuting is effortless. Seize this incredible opportunity to own a move-in ready home in a prime location! Located in close proximity to shops, major freeways, schools & parks, you don’t want to miss out on this one!

Nearby schools

5/10
Edison Elementary School
Public,K-50.1mi
7/10
International Elementary School
Public,K-50.5mi
7/10
Stevenson Elementary School
Public,K-50.9mi
6/10
Chavez Elementary School
Public,K-50.9mi
7/10
Roosevelt Elementary School
Public,K-51.2mi
7/10
Lincoln Elementary School
Public,K-51.4mi
6/10
Washington Middle School
Public,6-80.9mi
6/10
Franklin Classical Middle School
Public,6-81.2mi
6/10
Polytechnic High School
Public,9-121.3mi
3/10
Cabrillo High School
Public,9-121.7mi
Condition Rating
Good

The property, built in 1904, has been recently remodeled, including a new kitchen with quartz countertops and stainless steel appliances, and a remodeled bathroom with custom tile work. New laminate flooring has been installed throughout. While the property is older, the recent renovations bring it up to a good condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Remodeled Kitchen: The newly remodeled kitchen features new cabinetry, white quartz granite countertops, and stainless steel appliances, offering a modern and functional space.
Prime Location: Located in the heart of Downtown Long Beach, with easy access to the beach, marina, Shoreline Village, and Catalina Island ferry.
Transportation Access: Conveniently located near the train station (0.3 miles) and the 710 freeway, facilitating easy commuting.
Move-In Ready: The home is freshly painted, with new laminate flooring and a remodeled bathroom, making it ready for immediate occupancy.
Income Potential: The property has a history of generating rental income ($3,500/month) and can be delivered vacant, offering flexibility for owner-occupancy or continued rental.

Cons

Small Lot Size: The lot size is relatively small (1556 sqft), which may limit outdoor space and potential for expansion.
Single Bathroom: The property only has one bathroom, which may be a drawback for some buyers, especially families or those planning to rent to multiple occupants.
Year Built: Built in 1904, the property may have older infrastructure or require more maintenance compared to newer constructions.

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