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1827 4th Street, Long Beach, CA 90802
Priced at Only: $7,995,000
For more Information Call Mobile: 714.478.6676
Address: 1827 4th Street, Long Beach, CA 90802
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  • MLS#: PW25047558 ( Apartment )
  • Street Address: 1827 4th Street
  • Viewed: 7
  • Price: $7,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1928
  • Bldg sqft: 0
  • Days On Market: 38
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90802
  • Provided by: Triqor Group
  • Contact: Christopher Christopher
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present the 4th Street Property; an enticing investment opportunity in Long Beachs 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 propertys prime location in Retro Row, and its 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 Beachs most dynamic and desirable areas.
Features
Building Area Total
  1. 12658.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 26
Garage Spaces
  1. 8.00
Insurance Expense
  1. 0.00
Laundry Features
  1. None
Levels
  1. Two
Lot Features
  1. Irregular Lot
Netoperatingincome
  1. 420855.00
Number Of Separate Electric Meters
  1. 19
Number Of Separate Gas Meters
  1. 19
Parcel Number
  1. 7266026036
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 433401220:CRM
Totalexpenses
  1. 152415.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1928
Year Built Source
  1. Public Records
Zoning
  1. LBCNR
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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