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  5. 505 W 5th St
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505 W 5th St

505 W 5th St, Long Beach, CA, 90802

YEAR BUILT

1987

# STORIES

1

# TOTAL UNITS

51

UNIT SIZE RANGE

683-972 sqft

Description

505 W 5th St stands in Long Beach, near the intersection of W 7th St and Magnolia Ave. This low-rise condominium was built in 1987 and consists of 51 units. The building has a single story and is close to the Pacific Ocean. Residents can enjoy views of the city, harbor, marina, and ocean. Unit sizes range from 683 to 972 square feet. These units come with either one or two bedrooms and feature open floor plans. Each unit is secure and includes an in-unit washer and dryer. Central air conditioning provides comfort year-round, while large balconies offer outdoor space. The pricing starts at $502,000, and the average closed price stays around the same mark. The average price per square foot is $545. Units typically spend 27 days on the market, making it a quick selling area. Recent sales confirm the low starting price within the last year. The building has amenities like sidewalks and street lights, which enhance the exterior environment. The HOA covers essential services such as water and trash. This pet-friendly community also has guest parking for visitors. Residents can store bicycles in a community room and enjoy a BBQ deck as well. Nearby points of interest include grocery stores like Rocket and various restaurants, including the Bastian Restaurant Group. Schools like Edison Thomas A Elementary are also accessible. Residents benefit from close proximity to downtown Long Beach, the Convention Center, shopping, and major highways like the 710 and 405 freeways. This spot offers a blend of urban amenities and a beach lifestyle.

Building ImageMLS ID #SB24224431
Building ImageView Listing

505 W 5th St

505 W 5th St, Long Beach, CA, 90802

YEAR BUILT

1987

# STORIES

1

# TOTAL UNITS

51

UNIT SIZE RANGE

683-972 sqft

Description

505 W 5th St stands in Long Beach, near the intersection of W 7th St and Magnolia Ave. This low-rise condominium was built in 1987 and consists of 51 units. The building has a single story and is close to the Pacific Ocean. Residents can enjoy views of the city, harbor, marina, and ocean. Unit sizes range from 683 to 972 square feet. These units come with either one or two bedrooms and feature open floor plans. Each unit is secure and includes an in-unit washer and dryer. Central air conditioning provides comfort year-round, while large balconies offer outdoor space. The pricing starts at $502,000, and the average closed price stays around the same mark. The average price per square foot is $545. Units typically spend 27 days on the market, making it a quick selling area. Recent sales confirm the low starting price within the last year. The building has amenities like sidewalks and street lights, which enhance the exterior environment. The HOA covers essential services such as water and trash. This pet-friendly community also has guest parking for visitors. Residents can store bicycles in a community room and enjoy a BBQ deck as well. Nearby points of interest include grocery stores like Rocket and various restaurants, including the Bastian Restaurant Group. Schools like Edison Thomas A Elementary are also accessible. Residents benefit from close proximity to downtown Long Beach, the Convention Center, shopping, and major highways like the 710 and 405 freeways. This spot offers a blend of urban amenities and a beach lifestyle.

Next

Description

505 W 5th St stands in Long Beach, near the intersection of W 7th St and Magnolia Ave. This low-rise condominium was built in 1987 and consists of 51 units. The building has a single story and is close to the Pacific Ocean. Residents can enjoy views of the city, harbor, marina, and ocean. Unit sizes range from 683 to 972 square feet. These units come with either one or two bedrooms and feature open floor plans. Each unit is secure and includes an in-unit washer and dryer. Central air conditioning provides comfort year-round, while large balconies offer outdoor space. The pricing starts at $502,000, and the average closed price stays around the same mark. The average price per square foot is $545. Units typically spend 27 days on the market, making it a quick selling area. Recent sales confirm the low starting price within the last year. The building has amenities like sidewalks and street lights, which enhance the exterior environment. The HOA covers essential services such as water and trash. This pet-friendly community also has guest parking for visitors. Residents can store bicycles in a community room and enjoy a BBQ deck as well. Nearby points of interest include grocery stores like Rocket and various restaurants, including the Bastian Restaurant Group. Schools like Edison Thomas A Elementary are also accessible. Residents benefit from close proximity to downtown Long Beach, the Convention Center, shopping, and major highways like the 710 and 405 freeways. This spot offers a blend of urban amenities and a beach lifestyle.

505 W 5th St Key Stats Last 12 months

Avg. Listed Price-
Avg. Sale Price$502,000($545/Sqft.)
Year over year list price0.00%
Year over year sale priceUp Arrow 13.83%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market27 days
Average HOA fees per sqft$3 /monthly
Next

Key Stats

Year over year list price0.00%
Year over year sale priceUp Arrow13.83%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market27 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

505 W 5th St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 20420492222272024-11-26
MLS#: SB24224431 		Closed$502,000
Unit 21321381111942024-09-13
MLS#: CV24119274 		Closed$449,000
Unit 10510570711922024-07-09
MLS#: V1-22848 		Closed$433,000
Unit 105
105

1 Beds

1 Baths

707 sqft

DateStatusPrice
2024-07-09Closed$433,000
MLS#: V1-22848
Days On Market92
Unit 204
204

2 Beds

2 Baths

922 sqft

DateStatusPrice
2024-11-26Closed$502,000
MLS#: SB24224431
Days On Market27
Unit 213
213

1 Beds

1 Baths

811 sqft

DateStatusPrice
2024-09-13Closed$449,000
MLS#: CV24119274
Days On Market94
View Complete Unit Listing HistorySource By: CRMLS

Amenities

Although the amenities may be simple, they are undeniably effective. Residents enjoy the charming sidewalks and street lights that pave the way for evening strolls or active mornings. Imagine taking a leisurely walk to your favorite local café or running errands nearby without worrying about parking spaces. Living here allows you to embrace a lifestyle where comfort meets convenience.

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Amenities Description

Although the amenities may be simple, they are undeniably effective. Residents enjoy the charming sidewalks and street lights that pave the way for evening strolls or active mornings. Imagine taking a leisurely walk to your favorite local café or running errands nearby without worrying about parking spaces. Living here allows you to embrace a lifestyle where comfort meets convenience.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Smoke Detector(s)

Smoke Detector(s)

Policies

When it comes to living at 505 W 5th Street, the building policies are straightforward and user-friendly. You won't have to grapple with complex rules, making your transition into homeownership smooth and enjoyable. This is particularly appealing for first-time buyers like yourself!

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
505 W 5th St$545/sqft.$3 /sqft.
535 Magnolia Avenue$481/sqft.$2 /sqft.
535 Magnolia Ave$474/sqft.$2 /sqft.
445 W 6th Street$535/sqft.$2 /sqft.
445 W 6th St$535/sqft.$2 /sqft.
545 Chestnut Ave$497/sqft.$2 /sqft.

Nearby Schools

505 W 5th St is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Edison Elementary School

C+
Public|Grades KG–5
625 Maine Ave|0.17 miles away

Chavez Elementary School

D
Public|Grades KG–5
730 W 3rd St|0.28 miles away

Oropeza Elementary School

C
Public|Grades KG–5
700 Locust Ave|0.5 miles away

Renaissance High School for the Arts

C-
Public|Grades 9–12
235 E 8th St|0.54 miles away

Montessori on Elm

--
Private|Grades 1–4
930 Elm Ave|0.74 miles away

Robert Louis Stevenson Elementary School

C-
Public|Grades KG–5
515 Lime Ave|0.83 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

505 W 5th St is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Edison Elementary School

C+
Public|Grades KG–5
625 Maine Ave|Less than 1 Mile Away

Chavez Elementary School

D
Public|Grades KG–5
730 W 3rd St|Less than 1 Mile Away

Oropeza Elementary School

C
Public|Grades KG–5
700 Locust Ave|Less than 1 Mile Away

Renaissance High School for the Arts

C-
Public|Grades 9–12
235 E 8th St|Less than 1 Mile Away

Montessori on Elm

--
Private|Grades 1–4
930 Elm Ave|Less than 1 Mile Away

Robert Louis Stevenson Elementary School

C-
Public|Grades KG–5
515 Lime Ave|Less than 1 Mile Away

Washington Middle School

D+
Public|Grades 6–8
1450 Cedar Ave|Less than 1 Mile Away

St Anthony High School

--
Private|Grades 9–12
620 Olive Ave|Less than 1 Mile Away

St Anthony Elementary School

--
Private|Grades PK–8
855 E 5th St|Less than 1 Mile Away

We the People High School

--
Public|Grades 9–12
1635 Long Beach Bl...|1.13 Miles Away

Educational Partnership High School

--
Public|Grades 9–12
1794 Cedar Ave|1.14 Miles Away

Intellectual Virtues Academy

D
Public|Grades 9–12
1637 Long Beach Bl...|1.14 Miles Away

Roosevelt Elementary School

C
Public|Grades KG–5
1574 Linden Ave|1.16 Miles Away

Franklin Classical Middle School

B-
Public|Grades 6–8
540 Cerritos Ave|1.19 Miles Away

Clear Passage Educational Center

--
Public|Grades 9–12
1471 Martin Luther...|1.27 Miles Away

Polytechnic High School

C+
Public|Grades 9–12
1600 Atlantic Ave|1.28 Miles Away

Lincoln Elementary School

B-
Public|Grades KG–5
1175 E 11th St|1.33 Miles Away

Huntington Academy

--
Private|Grades PK–5
1423 Walnut Ave|1.70 Miles Away

Cabrillo High School

D-
Public|Grades 9–12
2001 Santa Fe Ave|1.73 Miles Away

Smith Elementary School

C+
Public|Grades KG–5
565 E Hill St|1.82 Miles Away

John G. Whittier Elementary School

D
Public|Grades KG–5
1761 Walnut Ave|1.86 Miles Away

Garfield Elementary School

B
Public|Grades KG–5
2240 Baltic Ave|1.90 Miles Away

Burbank Elementary School

C+
Public|Grades KG–5
501 Junipero Ave|1.95 Miles Away

Alvarado Elementary School

B+
Public|Grades KG–5
1400 E 20th St|1.97 Miles Away

Lafayette Elementary School

C+
Public|Grades KG–5
2445 Chestnut Ave|1.98 Miles Away

Transit

505 W 5th St is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Long Beach. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

10th & Long Beach NW

0.63 miles away|13 min walk

10th & Pine NW

0.52 miles away|10 min walk

1st & Alamitos NW

0.98 miles away|19 min walk

1st & Linden NE

0.78 miles away|15 min walk

1st & Long Beach Blvd NE

0.63 miles away|13 min walk

1st / Pine

0.5 miles away|10 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

505 W 5th St is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Long Beach. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

10th & Long Beach NW

0.63 miles away|13 min walk

10th & Pine NW

0.52 miles away|10 min walk

1st & Alamitos NW

0.98 miles away|19 min walk

1st & Linden NE

0.78 miles away|15 min walk

1st & Long Beach Blvd NE

0.63 miles away|13 min walk

1st / Pine

0.5 miles away|10 min walk

1st & Shelter C N

0.52 miles away|10 min walk

1st & Shelter D N

0.5 miles away|10 min walk

1st & Shelter E S

0.52 miles away|10 min walk

1st & Shelter F S

0.54 miles away|11 min walk

1st & Shelter G S

0.57 miles away|12 min walk

1st & Shelter H S

0.61 miles away|12 min walk

1st Street Station

0.6 miles away|12 min walk

1st Street Station - Long Beach & 1st Entrance

0.62 miles away|12 min walk

1st Street Station - Long Beach & Broadway Entrance

0.59 miles away|12 min walk

3rd & Cedar NE

0.28 miles away|6 min walk

3rd & Magnolia NW

0.18 miles away|4 min walk

3rd & Promenade NW

0.44 miles away|9 min walk

4th & Alamitos NW

0.96 miles away|19 min walk

4th & Alamitos SE

1 miles away|20 min walk

4th & Atlantic NW

0.76 miles away|15 min walk

4th & Atlantic SE

0.79 miles away|16 min walk

4th & Bonito NW

1.07 miles away|21 min walk

4th & Bonito SE

1.08 miles away|21 min walk

4th & Cherry NW

1.75 miles away|34 min walk

4th & Cherry SE

1.79 miles away|35 min walk

4th & Junipero NW

1.94 miles away|38 min walk

4th & Junipero SE

1.97 miles away|38 min walk

4th & Linden NW

0.68 miles away|14 min walk

4th & Linden SE

0.72 miles away|14 min walk

4th & Orange NW

1.25 miles away|24 min walk

4th & Orange SE

1.28 miles away|25 min walk

4th & Walnut NW

1.51 miles away|29 min walk

4th & Walnut SE

1.53 miles away|30 min walk

5th Street Station

0.52 miles away|10 min walk

5th Street Station - Long Beach & 5th Entrance

0.52 miles away|10 min walk

5th Street Station - Long Beach & 6th Entrance

0.52 miles away|11 min walk

6th & Atlantic SE

0.78 miles away|16 min walk

6th / Locust

0.42 miles away|9 min walk

6th & Long Beach Blvd SE

0.55 miles away|11 min walk

6th & Olive SE

0.94 miles away|19 min walk

6th & Pine SE

0.36 miles away|7 min walk

7th & Alamitos NE

1.07 miles away|21 min walk

7th & Alamitos SE

1.08 miles away|21 min walk

7th & Atlantic NW

0.76 miles away|15 min walk

7th & Cherry NW

1.76 miles away|34 min walk

7th & Cherry SE

1.8 miles away|35 min walk

7th & Long Beach Blvd NW

0.51 miles away|10 min walk

7th & Nebraska NW

1.41 miles away|27 min walk

7th & Nebraska SE

1.44 miles away|28 min walk

The Neighbourhood: West Village

West Village is a tree-lined neighborhood. The area has small cafes, restaurants, and a mix of older homes and newer buildings near local shops and small coffee shops. Local parks give green space for walking, sitting, and short play, and the district has grocery stores, pharmacies, and fitness centers for daily needs. You can also find a range of restaurants and small art galleries. Bus lines run on main streets and link to nearby transit hubs and bike share stops. Major roads make car travel direct to other parts of the city, and bike lanes and sidewalks support short trips.

Next

Neighbourhood Description

West Village is a tree-lined neighborhood. The area has small cafes, restaurants, and a mix of older homes and newer buildings near local shops and small coffee shops. Local parks give green space for walking, sitting, and short play, and the district has grocery stores, pharmacies, and fitness centers for daily needs. You can also find a range of restaurants and small art galleries. Bus lines run on main streets and link to nearby transit hubs and bike share stops. Major roads make car travel direct to other parts of the city, and bike lanes and sidewalks support short trips.

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505 W 5th St Demographics

Age Demographics

0–14 Years

17.73%

15–29 Years

24.73%

30–44 Years

26.08%

45–59 Years

16.83%

60+ Years

14.62%

Commute

7.16%

Transit

5.06%

Walk

72.69%

Drive

1.19%

Bike

Housing Ownership

18.14%

Owner Occupied

81.86%

Rental Units

Household Types

Single Family
16.05%
Multi Family
8%
Single Person
52.28%
Multi Person
47.72%

Average Income

Household:$5,099,244.78 /yr

Individual:$3,094,194.83 /yr

Education

Bachelors Degree19.75%
High School College14.67%
Diploma6.49%
Post Graduate9.94%
Others49.14%
Next

Education

Diploma6.49%
Post Graduate9.94%
Others49.14%
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  2. /Long Beach, CA
  3. /
    505 W 5th St
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