$3,500,000 - 1045 4th Street, Long Beach

  • 1Beds
  • 1Baths
  • 0SQ. Feet
  • 0.28Acres

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.

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Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW24077362
  • Price:$3,500,000
  • Bedrooms:1
  • Bathrooms:1.00
  • Acres:0.28
  • Year Built:1922
  • Type:Residential Income
  • Sub-Type:Apartment
  • Status:Active
  • Listing Agent:Kevin King
  • Listing Office:Marcus & Millichap

Community Information

  • Address:1045 4th Street
  • Area:4 - Downtown Area, Alamitos Beach
  • Subdivision:Alamitos Beach (AB)
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90802

Amenities

  • Parking Spaces:5
  • # of Garages:5
  • Pool:None

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:11-15 Units/Acre

Additional Information

  • Date Listed:April 18th, 2024
  • Days on Market:14
  • Zoning:LBCNR

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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 2:55pm 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.