1827 E 4th Street, Long Beach CA, 90802

Active

1827 E 4th Street

Long Beach CA, 90802

$7,995,000

$631.62 per sqft

Active

12,658 sqft

Condos

Built in 1928

Listed by Christopher Walker with Triqor Group [email protected]

We are pleased to present the 4th Street Property; an enticing investment opportunity in Long Beach's Retro Row, a thriving and popular neighborhood. This fully stabilized, 19-unit, turnkey 1920s building combines historic charm with modern amenities, featuring eight new tandem garage parking spots and a luxurious 2-bedroom penthouse unit. With upgraded plumbing, electrical, mechanical systems, and a new roof, maintenance concerns are minimized. The property's prime location in Retro Row, and it's desirable amenities including 9-foot ceilings, new stainless steel appliances, and an in-unit washer and dryer, ensures strong tenant demand and potential for rental income growth. Offering a 5.3% CAP rate and a 13.53 GRM, the 4th Street Property stands out as a promising investment in one of Long Beach's most dynamic and desirable areas.

PW25047558

MLSⓇ ID

March 4, 2025

Listed

March 5, 2025

Updated

Interior Features

Total Stories: 2
Laundry Description: None
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.2 Acres
Lot Features: Irregular Lot
Sewer: Public Sewer

Other Property Details

Area Name: 699 - Not Defined
Garage: Yes
Garage Spaces: 8
Parking Total: 8
View: No
County: Los Angeles
Water Source: Public
Pool Features: None
Zoning: LBCNR

Listing Contact: 949-756-3232

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/5/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/5/2025 at 11:08 AM UTC