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1045 East 4th Street Long Beach, CA 90802
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Key Details
Sold Price $2,650,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 8,720 sqft
Price per Sqft $303
Subdivision Alamitos Beach
MLS Listing ID PW-24077362
Sold Date 01/02/25
Year Built 1922
Lot Size 0.275 Acres
Property Description
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.
Location
State CA
County Los Angeles
Zoning LBCNR
Interior
Laundry None
Exterior
Parking Features Gated
Garage Spaces 5.0
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer
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