• 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.