Log In/Sign Up
Your email has been sent.
1130-1136 E 5th St 8 Unit Apartment Building $1,977,307 CAD ($247,163 CAD/Unit) 6.30% Cap Rate Long Beach, CA 90802
Investment Highlights
- • Across the street from Franklin Classical Middle School
- • Walking distance to 4th Street Retro Row – Walk Score of 92
- • Approximately 18% rental upside - Pro Forma 12% Return
- • Minutes to Alamitos Beach & Downtown Long Beach
- • Upgraded electric panels
- • 6.5% Cap Rate – current rents 8.5% Cap Rate – market rents
Executive Summary
• 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
Located in a desirable residential pocket of Long Beach across the street from Franklin Middle School, 1130 E. 5th Street offers a balanced coastal lifestyle with convenient access to neighborhood amenities and the beach. The property sits just minutes from Alamitos Beach and is a short walk to local dining, cafés, and retail along 4th Street Retro Row. The area is known for its walkability, established residential character, and proximity to major transit routes and employment centers throughout the region. Long Beach is the 7th largest city in California and offers a unique blend of a casual coastal lifestyle and urban convenience with lots of employment opportunities. Major industries include port logistics, aerospace and aviation, healthcare and tourism.
• 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
Located in a desirable residential pocket of Long Beach across the street from Franklin Middle School, 1130 E. 5th Street offers a balanced coastal lifestyle with convenient access to neighborhood amenities and the beach. The property sits just minutes from Alamitos Beach and is a short walk to local dining, cafés, and retail along 4th Street Retro Row. The area is known for its walkability, established residential character, and proximity to major transit routes and employment centers throughout the region. Long Beach is the 7th largest city in California and offers a unique blend of a casual coastal lifestyle and urban convenience with lots of employment opportunities. Major industries include port logistics, aerospace and aviation, healthcare and tourism.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$202,013
|
$43.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,060
|
$1.31
|
| Effective Gross Income |
$195,952
|
$42.33
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$71,464
|
$15.44
|
| Net Operating Income |
$124,489
|
$26.89
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $202,013 |
| Annual Per SF | $43.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,060 |
| Annual Per SF | $1.31 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $195,952 |
| Annual Per SF | $42.33 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $71,464 |
| Annual Per SF | $15.44 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $124,489 |
| Annual Per SF | $26.89 |
Property Facts
| Price | $1,977,307 CAD | Apartment Style | Garden |
| Price Per Unit | $247,163 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 6.30% | Building Size | 4,629 SF |
| Gross Rent Multiplier | 9.7 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1943 |
| Property Subtype | Apartment | Parking Ratio | 1.08/1,000 SF |
| Zoning | R4, Long Beach | ||
| Price | $1,977,307 CAD |
| Price Per Unit | $247,163 CAD |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| Gross Rent Multiplier | 9.7 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,629 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1943 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | R4, Long Beach |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $2,080 CAD | - |
| 2+1 | 1 | $2,114 CAD | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 7266-010-016 | Improvements Assessment | $192,542 CAD (2025) |
| Land Assessment | $169,879 CAD (2025) | Total Assessment | $362,421 CAD (2025) |
Property Taxes
Parcel Number
7266-010-016
Land Assessment
$169,879 CAD (2025)
Improvements Assessment
$192,542 CAD (2025)
Total Assessment
$362,421 CAD (2025)
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1130-1136 E 5th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.