2 Days Ago
Highlights
- 3 spacious closets
- Modern electrical fixtures
- Upgraded and fresh apartment
Location
121 W 5th St, Long Beach, CA 90802, USA|Downtown Long Beach
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Property Overview
The 0701 Fifth Street Investment Building receives an impressive Zumper expert rating of 8.4, reflecting its strong appeal to renters. With a perfect price rating of 10 and amenities rated at 8, it offers excellent value in a prime location that scores 9 for its convenience to schools, parks, and transit options. Notably, the property features modern upgrades, ample storage, and is recognized for its sustainability and vibrant social life, making it an attractive choice for various lifestyles.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Elementary school nearby
Great for
Eco living
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 450 sqft | $1,750 /mo | 1 unit available | Upgraded And Fresh Upper 1Bd/1Ba Downtown Long Beach This Upper 1 Bed 1 Bath Is Upgraded And Super Fresh! Make This Apt Your New Home As It The Property Is In The North Entertainment District And Close To Local And Popular Restaraunts, Bars/Clubs, Retail Stores, 710 Freeway, Blueline And Less Than Quarter A Mile From The Water And South Entertainment District. The Apt Includes: All New Custom 2 Tone Paint, All New Modern Electrical Fixtures, Lux Vinyl Plank Everywhere Except Tile In The Kitchen And Bathroom, 3 Spacey Closets, 2 Pane Vinyl Sealed Windows, 2" Faux Windows. Renters Insurance Is Required Street Parking And Public Member Parking Available. No Laundry Text Chris At (562) 326-0472 For Appointments Or Questions. Qualifications: 1. Applicant should not pose a risk of harm to the rental property or others 2. Monthly household Income must be at least two and half (2.5) times the monthly rent 3. One Year of verifiable employment and rental history 4. Will not accept collections, judgements, or evictions from previous landlord(s) 5. Clear Copies of a Government photo issued Id And Social Security or Itin And Proof of income (minimum 3 most current paystubs) 6. Credit Fico score of 660 or higher 7. $50 money order or cashier’s check payable to Berro Management for the Application Fee per Adult 8. Co-signers are only accepted for Full-time students (Co-signers must make four (4) times the monthly rent) l l First application that is approved with a deposit, is the one that gets the unit. Terms are subject to change without notice. |
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Policies and fees
Building details
Property details
| Units | 6 |
|---|
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About 0701 FIFTH STREET INVESTMENT BUILDING
Upgraded And Fresh Upper 1Bd/1Ba Downtown Long Beach This Upper 1 Bed 1 Bath Is Upgraded And Super Fresh! Make This Apt Your New Home As It The Property Is In The North Entertainment District And Close To Local And Popular Restaraunts, Bars/Clubs, Retail Stores, 710 Freeway, Blueline And Less Than Quarter A Mile From The Water And South Entertainment District. The Apt Includes: All New Custom 2 Tone Paint, All New Modern Electrical Fixtures, Lux Vinyl Plank Everywhere Except Tile In The Kitchen And Bathroom, 3 Spacey Closets, 2 Pane Vinyl Sealed Windows, 2" Faux Windows. Renters Insurance Is Required Street Parking And Public Member Parking Available. No Laundry Text Chris At (562) 326-0472 For Appointments Or Questions. Qualifications: 1. Applicant should not pose a risk of harm to the rental property or others 2. Monthly household Income must be at least two and half (2.5) times the monthly rent 3. One Year of verifiable employment and rental history 4. Will not accept collections, judgements, or evictions from previous landlord(s) 5. Clear Copies of a Government photo issued Id And Social Security or Itin And Proof of income (minimum 3 most current paystubs) 6. Credit Fico score of 660 or higher 7. $50 money order or cashier’s check payable to Berro Management for the Application Fee per Adult 8. Co-signers are only accepted for Full-time students (Co-signers must make four (4) times the monthly rent) l l First application that is approved with a deposit, is the one that gets the unit. Terms are subject to change without notice.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 0701 FIFTH STREET INVESTMENT BUILDING is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 0701 FIFTH STREET INVESTMENT BUILDING has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
0701 FIFTH STREET INVESTMENT BUILDING offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 0701 FIFTH STREET INVESTMENT BUILDING is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
0701 FIFTH STREET INVESTMENT BUILDING is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 0701 FIFTH STREET INVESTMENT BUILDING does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
0701 FIFTH STREET INVESTMENT BUILDING is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 0701 FIFTH STREET INVESTMENT BUILDING compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Downtown Long Beach
1-bedroom apartments at 0701 FIFTH STREET INVESTMENT BUILDING cost about 27% less than the average rent price for 1-bedroom apartments in Downtown Long Beach.
Median rents as of Oct 25 2025.
Downtown Long Beach
Long Beach
| Month | Median Rent |
|---|---|
| November 2023 | $1,495 |
| December 2023 | $1,495 |
| January 2024 | $1,495 |
| February 2024 | $1,495 |
| March 2024 | $1,498 |
| April 2024 | $1,496 |
| May 2024 | $1,496 |
| June 2024 | $1,509 |
| July 2024 | $1,505 |
| August 2024 | $1,520 |
| September 2024 | $1,550 |
| October 2024 | $1,509 |
| November 2024 | $1,508 |
| December 2024 | $1,533 |
| January 2025 | $1,567 |
| February 2025 | $1,531 |
| March 2025 | $1,509 |
| April 2025 | $1,495 |
| May 2025 | $1,497 |
| June 2025 | $1,512 |
| July 2025 | $1,522 |
| August 2025 | $1,528 |
| September 2025 | $1,523 |
| October 2025 | $1,515 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,526 |
| December 2023 | $1,539 |
| January 2024 | $1,525 |
| February 2024 | $1,500 |
| March 2024 | $1,520 |
| April 2024 | $1,495 |
| May 2024 | $1,495 |
| June 2024 | $1,696 |
| July 2024 | $1,661 |
| August 2024 | $1,729 |
| September 2024 | $1,976 |
| October 2024 | $1,610 |
| November 2024 | $1,637 |
| December 2024 | $1,627 |
| January 2025 | $1,602 |
| February 2025 | $1,595 |
| March 2025 | $1,550 |
| April 2025 | $1,586 |
| May 2025 | $1,590 |
| June 2025 | $1,605 |
| July 2025 | $1,574 |
| August 2025 | $1,569 |
| September 2025 | $1,535 |
| October 2025 | $1,525 |
Affordability calculator
Can I afford to live at 121 W 5th St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 1-bedroom monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Schools near 0701 FIFTH STREET INVESTMENT BUILDING
Chavez Elementary School
730 w third st
long beach, CA, 90802
K-5Public
B-
Beach Independent Study Program
3701 e willow st
long beach, CA, 90815
K-12Public
C+
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Internet available near 0701 FIFTH STREET INVESTMENT BUILDING
Getting around Long Beach near 121 W 5th St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 121 W 5th St, Long Beach
Groceries
10/10
Several grocery stores nearby
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within walking distance
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
6/10
Variety of bars within walking distance
Explore the area around 121 W 5th St
El Super
450 Long Beach Blvd
Ethikli Package-Free Goods
352 E 4th St
Wabi Sabi Village Market
146 Linden Ave
Superior Grocers
1033 Long Beach Blvd
Jeds Market
960 Daisy Ave
Victor's Shoes
335 Pine Ave
Jean Machine
295 E 4th St
Cavalli Couture
256 Pine Ave
OUTFITTERS
256 Pine Ave
Ross Dress For Less
350 The Promenade N
Confidential Coffee
137 W 6th St
Birdcage Coffee House
224 W 4th St
Rainbow Juices
246 E 3rd St
Starbucks
500 Long Beach Blvd
Recreational Coffee
237 Long Beach Blvd
The Pie Bar
450 Pine Ave
Hamburger Mary's-Long Beach
330 Pine Ave
Birdies N Brews Club
90 E 4th St
R Bar
106 W 3rd St
Mario's La Traviata
301 Cedar Ave
Saints & Sinners Bake Shop
595 Pine Ave
Colonial Bakery
355 Pacific Ave
GNC
100 E 4th St
Max Muscle Nutrition
322 Pine Ave
Ladie Kakes
Harvey Milk Promenade
K-9 Corner Dog Park
Promenade Square
East Village Arts Park
Terrace Theater
Anna's Joint
443 Pine Ave
Saints & Sinners Bake Shop
595 Pine Ave
Subway
470 Pine Ave
Sake Secret
460 Pine Ave
The Pie Bar
450 Pine Ave
Pacific Av at 5th St
, RAPID 3
Pacific / 5th NE
Pacific
Pacific / 5th SW
PCH / Ximeno, 7th St. to Bellflower, PCH / Palo Verde, 7th St. to Woodruff, PCH / Studebaker, 7th St. to Clark, 7th St. to Bellflower & Stearns, Pacific
6th / Pine SE
Passport
Pacific / 3rd NE
Pacific
Pacific Ave
Azusa - Long Beach
5th Street
Azusa - Long Beach
Downtown Long Beach
Azusa - Long Beach, Azusa - Long Beach
1st Street
Azusa - Long Beach
Anaheim Street
Azusa - Long Beach, Azusa - Long Beach
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