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531 W 5th Street
Single Family Residence 
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531 W 5th Street 
$1,395,000
Offered at
Long Beach, CA 90802
Los Angeles County
3
Beds
1
Baths
3,344
Sq Ft
7,518
Lot Sq Ft
1923
Year Built
LIVE IN ONE AND RENT THE OTHER 6
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…
LIVE IN ONE AND RENT THE OTHER 6
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, shopping, entertainment, waterfront, and major transportation corridors. With a private residence, significant parking, established rental income, and approved plans for future expansion, 531 W 5th St offers the opportunity to own a home while letting the property work for you.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Cooling: Wall Window Units
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,344 sqft
Property
Parking
- Total spaces: 4
- Garage spaces: 4
Features
- Stories: 1
- Has private pool: No
- Has view: No
Lot
- Size: 0.17 Acres
- Features: Zero To One Unit Acre
Details
- Parcel number: 7278021039
Construction
Type & style
- Home type: Residential
- Property subtype: Single Family Residence
Condition
- Year built: 1923
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Lyon Stahl Investment Real Estate, Inc. · Listing Agent: Aaron Jacobson · 310-729-1559 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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531 W 5th Street, Long Beach, CA 90802
951-528-0626
mike@mzhomes.us
mzhomes.us
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