$3,495,000 - 1244 4th Street, Long Beach
- 8Beds
- 6Baths
- 0SQ. Feet
- 0.21Acres
1244 E. 4th Street is a 14-unit apartment asset in vibrant Retro Row neighborhood of Long Beach. The property is offered at 11.36 GRM and 5.78% Cap Rate on current rents. The property is comprised of (2) three- bedroom units; (3) two-bedroom units and (9) one-bedroom units. Thirteen of the 14 units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. Double-paned windows are featured throughout the building, and (6) garages onsite provide the opportunity for garage income or the potential for additional rental income through conversion to ADUs. The property is located in prime Retro Row, walking distance from shopping, dining and nightlife amenities.
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:PW23183807
- Price:$3,495,000
- Bedrooms:8
- Bathrooms:6.00
- Acres:0.21
- Year Built:1962
- Type:Residential Income
- Sub-Type:Mixed Use
- Status:Active Under Contract
- Listing Agent:Robert Stepp
- Listing Office:Keller Williams - Santa Monica
Community Information
- Address:1244 4th Street
- Area:4 - Downtown Area, Alamitos Beach
- Subdivision:Alamitos Beach (AB)
- City:Long Beach
- County:Los Angeles
- Zip Code:90802
Amenities
- Parking Spaces:6
- # of Garages:6
- Pool:None
Interior
- # of Stories:2
- Stories:Two
Exterior
- Lot Description:11-15 Units/Acre
Additional Information
- Date Listed:October 2nd, 2023
- Days on Market:208
- Zoning:LBCNR
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Similar Neighborhoods to "Alamitos Beach (AB)" in Long Beach, California
Back to ResultsAlamitos Beach (ab)
- City:
- Long Beach
- Price Range:
- $960,000 - $7,100,000
- Current Listings:
- 27
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 3:11pm 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.