$1,400,000 - 1427 4th Street, Long Beach
- 0Beds
- 1Baths
- 0SQ. Feet
- 0.07Acres
1427 E 4th Street is a well-positioned mixed-use property in Long Beach. Built in 1929, the existing 5,065 SF building features (1) commercial unit downstairs and (4) studio units upstairs. The downstairs commercial space can be adapted to split between (2) tenants and features (2) large storage rooms, (2) bathrooms, (2) meeting rooms and an office. All (4) upstairs studio units are equipped with full kitchens. With a 5.55% market cap, this property is a unique opportunity for any investor or owner-user looking to capitalize on mixed use potential and a value-add proposition in the rapidly gentrifying Long Beach Area.
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:PW23054971
- Price:$1,400,000
- Bathrooms:1.00
- Acres:0.07
- Year Built:1929
- Type:Residential Income
- Sub-Type:Quadruplex
- Status:Closed
- Listing Agent:Brett Lyon
- Listing Office:Lyon Stahl Investment Real Estate, Inc.
Community Information
- Address:1427 4th Street
- Area:4 - Downtown Area, Alamitos Beach
- City:Long Beach
- County:Los Angeles
- Zip Code:90802
Amenities
- Pool:None
Interior
- Fireplace:Yes
- Fireplaces:None
Exterior
- Lot Description:2-5 Units/Acre
Additional Information
- Date Listed:April 5th, 2023
- Days on Market:12
- Zoning:LBCNR
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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 6:25pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.