This investment property is located in the coastal community of Belmont Heights, one the city's most desirable locations minutes to the beach and proximate to Belmont Shore and Naples Island. An aesthetic pride-of-ownership asset with attractive landscaping and street surroundings. All units have been upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. Parking consists of 9 garages and 16 spaces. The building has all-copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. PRICE REDUCED, with a 5.93 cap rate!!
Listed by Albert Morell
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License #00466538
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WRE SoCal, Inc.
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323-828-8675
Last updated November 12, 2025
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Source: CRMLS #25592845
Listing Facts
TypeMulti-family
NeighborhoodBelmont Heights
Bedrooms20
Days on Prevu70
Size10,438 sqft
Price per sqft$527
Amenities
Dishwasher
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
11/11/2025
Price Decreased
$5,500,000
10/25/2025
Status changed to Active
$5,995,000
10/23/2025
Status changed to Removed from Feed
$5,995,000
10/13/2025
Price Decreased
$5,995,000
09/10/2025
Listed by WRE SoCal, Inc.
$6,500,000
Property Details for 4244 E 5th Street
Exterior
Construction
Number Of Units Total: 16
Stories: 2
Stories Total: 2
Window Features: Drapes, Garden Window(s)
Year Built: 1972
Entry Location: Ground Level - no steps
Features
Patio And Porch Features: Open, Patio
Measurements
Building Area Total: 10,438
Lot Size Acres: 0.30
Lot Size Area: 13,086
Lot Size Dimensions: 100,130
Lot Size Square Feet: 13,086
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.93
Gross Income: $446,208.00
Taxes
Parcel Number: 7255037027
Interior
Features
Appliances: Dishwasher, Electric Oven, Disposal, Gas Range, Microwave
Interior Features: Ceiling Fan(s)
Measurements
Living Area: 10,438
Rooms
Bathrooms Total Integer: 22
Bedrooms Total: 20
Parking
Parking
Garage Spaces: 9
Garage: Yes
Open Parking Spaces: 16
Parking Features: Door-Single, Garage, One Space
Parking Total: 25
Utilities
Equipment
Cooling: Electric
Has Cooling: Yes
Heating: Fireplace(s)
Has Heating: Yes
Sewer: Other
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
