Long Beach, CA 90802,1045 E 4th Street
Long Beach, CA 90802,1045 E 4th Street
Long Beach, CA 90802,1045 E 4th Street
Long Beach, CA 90802,1045 E 4th Street
Long Beach, CA 90802,1045 E 4th Street
Long Beach, CA 90802,1045 E 4th Street
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$2,650,000

$2,995,000

11.5%
Est.Price: ?

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Est. payment /mo

1 Bed

1 Bath

0.28 Acres Lot


SOLD DATE : 01/02/2025

Key Details

Sold Price $2,650,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24077362

Sold Date 01/02/25

Bedrooms 1

HOA Y/N No

Lot Size 0.275 Acres

Property Description

We are pleased to present a 14 unit apartment building located at 1045 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of 8,720 rentable square feet spread throughout a 11,980 square foot lot. It was built in 1922 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 5 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.
We are pleased to present a 14 unit apartment building located at 1045 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of 8,720 rentable square feet spread throughout a 11,980 square foot lot. It was built in 1922 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 5 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.

Location

State CA

County Los Angeles

Area Long Beach (90802)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $228

Acceptable Financing Cash, Exchange

Space Rent $22,652

Listing Terms Cash, Exchange

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Michael & Jessica Solis

Michael & Jessica Solis

+1(760) 889-9374

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Kevin King • Marcus & Millichap
Bought with General NONMEMBER • NONMEMBER MRML
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"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 889-9374

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206 N Freeman St, Oceanside, CA, 92054, United States

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