James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
1 of 17
Residential IncomeFor Sale
$7,995,000
1827 E 4th Street
Long Beach, CA 90802
Listing Office: Triqor Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$41,369/mo

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.

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Information courtesy of Triqor Group is subject to verification and is not guaranteed.
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