$1,750,000 - 3627 4th Street, Long Beach
- 6Beds
- 4Baths
- 0SQ. Feet
- 0.15Acres
We are pleased to present this incredible value-add opportunity in a prime Long Beach location, 3627 E 4th St Long Beach, CA 90814. This property sits on a 6,500+ square foot lot, and is located in one of Long Beach's most sought-after neighborhoods, Belmont Heights. The building currently consists of two 1 bed/1 bath and two 2 bed/1 bath units. This offering allows the possibility for a savvy investor to add ADU's in the rear of the property, for additional income. Not taking into the account the addition of ADU's, 3627 E 4th St currently offers 14% upside in net operating income, upon leasing out all of the units at market rents. The property has recently received new copper plumbing, electrical upgrades, and $50,000 worth of exterior renovations. This investment property is truly a gem, as it has been well taken-care-of, resides in a remarkable location, has development potential, and offers the opportunity for an investor to realize more than 14% in upside
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:PW23139703
- Price:$1,750,000
- Bedrooms:6
- Bathrooms:4.00
- Acres:0.15
- Year Built:1924
- Type:Residential Income
- Sub-Type:Quadruplex
- Status:Closed
- Listing Agent:Shane Young
- Listing Office:Younglewin Advisors, Inc.
Community Information
- Address:3627 4th Street
- Area:2 - Belmont Heights, Alamitos Heights
- City:Long Beach
- County:Los Angeles
- Zip Code:90814
Amenities
- Parking Spaces:4
- # of Garages:4
- Pool:None
Interior
- # of Stories:2
Exterior
- Lot Description:Back Yard, Yard
Additional Information
- Date Listed:July 28th, 2023
- Days on Market:25
- Zoning:LBCNR
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Back to ResultsBelmont Heights (bh)
- City:
- Long Beach
- Price Range:
- $1,145,900 - $6,500,000
- Current Listings:
- 20
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Eastside (es)
- City:
- Long Beach
- Price Range:
- $699,000 - $5,995,000
- Current Listings:
- 20
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Alamitos Heights (ah)
- City:
- Long Beach
- Price Range:
- $1,525,000 - $2,600,000
- Current Listings:
- 3
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
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Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 1:45am 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.