Home | Los Angeles County | Long Beach | 90802 | 531 W 5th St
MLS: CRSB26181225 | Status: | Price: $1,395,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,518 | 1905 |
Ideal Owner-User Opportunity Near Downtown Long Beach 531 W 5th St is a 7-unit multifamily investment offering a rare combination of owner-user flexibility, in-place income, and upside through approved development plans. The property features a vacant 3-bedroom/1-bath front house with a full kitchen, dedicated dining area, Ring camera, and mini-split system, giving an owner-occupant the privacy and feel of a standalone home while collecting rental income from the remaining six units. At current rents, the property produces a 6.02% cap rate and 10.87 GRM. Approved plans are in place for a 3-bedroom/2-bath ADU, which brings the property to a 8.23% cap rate (including estimated construction costs) once built, a clear value-add path for an investor or owner-user looking to grow into the deal. The property also includes a vacant 5-car garage, which a buyer can lease for parking income or convert as part of the ADU plan. Located minutes from Downtown Long Beach, the property is close to the area's restaurants, bars, shopping, entertainment, waterfront, and major transportation corridors. Between the private 3-bedroom residence, six income-producing units, approved ADU plans, and a vacant 5-car garage, 531 W 5th St gives an owner-user or investor multiple ways to bui
| Field | Value |
|---|---|
| MLS # | CRSB26181225 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| Listing Agent | Co-Listing Agent |
|---|---|
| Aaron Jacobson | Cameron Samimi |
| Lyon Stahl Investment Real Estate, Inc. | |
| License #: 02100737 | License #: 02035763 |
| Phone: (310) 729-1559 | Phone: (310) 259-7556 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Edison Elementary School | public | K-5 | 0.16 mi | 3 |
| Chavez Elementary School | public | K-5 | 0.27 mi | 6 |
| International Elementary School | public | K-5 | 0.50 mi | 5 |
| Renaissance High School For The Arts | public | 9-12 | 0.57 mi | 8 |
| Stevenson Elementary School | public | K-5 | 0.85 mi | 5 |
| Educational Partnership High School | public | 9-12 | 1.15 mi | 3 |
| Roosevelt Elementary School | public | K-5 | 1.18 mi | 5 |
| Franklin Classical Middle School | public | 6-8 | 1.26 mi | 4 |
| Polytechnic High School | public | 9-12 | 1.32 mi | 7 |
| Lincoln Elementary School | public | K-5 | 1.37 mi | 7 |
| Cabrillo High School | public | 9-12 | 1.75 mi | 3 |
| Whittier Elementary School | public | K-5 | 1.86 mi | 5 |
| Garfield Elementary School | public | K-5 | 1.87 mi | 5 |
| Burnett Elementary School | public | K-5 | 1.87 mi | 4 |
| Burbank Elementary School | public | K-5 | 1.97 mi | 7 |
| Lafayette Elementary School | public | K-5 | 1.99 mi | 5 |
| Robinson Academy | public | K-8 | 1.99 mi | 5 |
| Washington Middle School | public | 6-8 | 1.99 mi | 4 |
| Jessie Nelson Academy | public | 6-8 | 2.20 mi | 3 |
| Hudson K-8 | public | K-5 | 2.24 mi | 6 |
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This listing information is up-to-date as of August 18, 2026. For the most current information, please contact Aaron Jacobson, (310) 729-1559.