Samimi CRE Advisors
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    531 West 5th Street, Long Beach, CA

    531 W 5th St, Long Beach: 7-Unit Multifamily Sold $1.2M

    531 West 5th Street, Long BeachClosed October 2026Represented seller
    531 West 5th Street — closed by Cameron Samimi

    Price

    $1,200,000

    Units

    7

    $/Unit

    —

    Type

    multifamily

    Deal summary

    531 West 5th Street, Long Beach, CA is a 7-unit multifamily property that sold for $1,200,000 in October 2026. Cameron Samimi of Samimi CRE Advisors represented the seller in the transaction.

    The Challenge

    A seven-unit Downtown Long Beach multifamily owner wanted to sell at a strong price in a market where buyers are scrutinizing per-unit pricing.

    What We Did

    Cameron Samimi and Aaron Jacobson positioned the property to qualified multifamily buyers and negotiated the sale through to an October 2026 close.

    The Result

    The seven-unit, 3,344 SF building at 531 West 5th Street in Downtown Long Beach closed on October 2, 2026 at $1,200,000, or $171,428 per unit and $358 per square foot. Cameron Samimi and Aaron Jacobson of Lyon Stahl represented seller Jason Aftalion, and buyers Taihu Quan and Jianhua Song acquired the asset. As featured on Traded.

    Verified coverage

    This closing was reported by Traded (October 2026).

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