Home | Los Angeles County | Long Beach | 90814 | 3121 E 5th St
MLS: CROC26214397 | Status: | Price: $2,595,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 0 | 1930 |
3121 East 5th Street is a 5-unit multifamily investment property located in Long Beach, California. Constructed in 1930 and known as Casa Valencia, the property features a unit mix of five 2-bed/1-bath residences totaling 5,822 square feet. Four of the units offer approximately 1,242 square feet of living space, while the fifth totals approximately 854 square feet. Four single-car garages and four surface space provide an attractive parking ratio. Casa Valencia retains a collection of original Spanish Revival details that distinguish the property from more conventional apartment inventory. Architectural features include plaster barrel-vaulted ceilings, curved archways and period Spanish Revival fixtures, complemented by oak flooring and dedicated dining rooms in 4 of the 5 residences. Ownership has renovated 2 of the 5 units with new kitchens, stainless-steel appliances and in-unit washer/ dryers while also completing electrical and exterior improvements throughout the property. Most notably, Unit 3127, the renovated 1,242-square-foot residence, currently rents for $3,495 per month, compared with approximately $1,770 to $2,528 for the three remaining residences of the same size. This in-place performance provides a clear benchmark for the property’s value-add potential as the rem
| Field | Value |
|---|---|
| MLS # | CROC26214397 |
| MLS Source | California Regional MLS |
| Days on Site | 7 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| HOA Fee | $0 |
Tyler Leeson
Marcus & Millichap RE Invest
License #: 01451551
Phone: (949) 419-3326
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Mann Elementary School | public | K-5 | 0.41 mi | 7 |
| Jefferson Leadership Academies School | public | 6-8 | 0.42 mi | 7 |
| Willard Elementary School | public | K-5 | 0.50 mi | 3 |
| Burbank Elementary School | public | K-5 | 0.54 mi | 7 |
| Fremont Elementary School | public | K-5 | 0.62 mi | 8 |
| Wilson High School | public | 9-12 | 0.87 mi | 6 |
| Bryant Elementary School | public | K-5 | 0.95 mi | 6 |
| Lee Elementary School | public | K-5 | 1.04 mi | 6 |
| Franklin Classical Middle School | public | 6-8 | 1.26 mi | 4 |
| Lincoln Elementary School | public | K-5 | 1.39 mi | 7 |
| Lowell Elementary School | public | K-5 | 1.41 mi | 7 |
| Rogers Middle School | public | 6-8 | 1.41 mi | 8 |
| Whittier Elementary School | public | K-5 | 1.50 mi | 5 |
| Jessie Nelson Academy | public | 6-8 | 1.61 mi | 3 |
| Richard D. Browning High | public | 9-12 | 1.64 mi | 5 |
| Stevenson Elementary School | public | K-5 | 1.66 mi | 5 |
| Alvarado Elementary School | public | K-5 | 1.68 mi | 9 |
| Robinson Academy | public | K-8 | 1.79 mi | 5 |
| Washington Middle School | public | 6-8 | 1.79 mi | 4 |
| Polytechnic High School | public | 9-12 | 1.89 mi | 7 |
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This listing information is up-to-date as of October 01, 2026. For the most current information, please contact Tyler Leeson, (949) 419-3326.