$12,200,000
5120 E Livingston Drive, Long Beach CA 90803
Multi-Family (26 Units)
Property type
437 days
On market
$723
Price per sqft
13 cars
Garage
1943
Year built
15,912 sqft
Lot size
Open Houses
Overview
Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the highly sought-after Belmont Shore rental submarket of Long Beach. Attractive assumable financing is available at 2.97% with 60% LTV through 2030. The property consists of all 1-bedroom, 1-bathroom units in varying sizes, all remodeled with modern kitchens and bathrooms. A spacious and...
Listing provided by: Robert Stepp DRE #01456379 310-774-3740, Keller Williams Realty Downey
Listing updated: Mar 19, 2026 at 06:10pm.
Last checked: Jun 5, 2026 at 02:00am
Source: CRMLS #PW25065019
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $2,558 | $10,232 | $2,595 | Unfurnished |
| 8 | 1 | 1 | — | $2,470 | $19,760 | $2,595 | Unfurnished |
| 14 | 1 | 1 | — | $2,287 | $32,018 | $2,495 | Unfurnished |
# of Buildings: 4
# of Units Total: 26
Separate Electric Meters: 26
Separate Gas Meters: 26
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
15.7x
List Price / Annual Gross Rent
Cap Rate
3.76%
NOI / List Price
Gross Scheduled Income: $775,903
Operating Expense: $293,456
Net Operating Income: $459,170
Annual Operating Expenses
Electric: $4,855
Gardener: $8,400
Fuel: $4,855
Insurance: $39,000
Licenses: $2,500
Maintenance: $18,200
New Taxes: $154,833
Pest Control: $1,200
Professional Management: $42,105
Trash: $4,855
Water / Sewer: $4,855
Other Expense: $7,800
Interior
Laundry: Common Area, Inside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Twenty Six To Thirty Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 13
Parking Total: 13
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7249012005
Additional Parcels: No
Tax Lot: 8
Zoning: LBR4R
Subdivision: Belmont Park (BP)
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 5120 E Livingston Drive, Long Beach, CA 90803. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$9,760,000
Total Interest
$12,448,342
Total Payment
$22,208,342
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$74,548
per month
Property History for 5120 E Livingston Drive
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90803.
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