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Listed by Rick Applebaum • Morgan Skenderian
$ 1,645,000
Est. payment /mo
Active
1545 East 4th Street Long Beach, CA 90802
4,770 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,770 sqft
Price per Sqft $344
Subdivision Alamitos Beach
MLS Listing ID PW-25052506
Year Built 1923
Lot Size 7,347 Sqft
Property Sub-Type Apartment
Property Description
Located in the heart of Retro Row, just a mile from Alamitos Beach, this beautifully maintained multi-unit property offers a 5.7% CAP rate on current rents. The property features (4) one-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom house, providing a versatile mix of rental options. Recent upgrades include a brand-new roof (2024) and modernized interiors, ensuring long-term value and tenant appeal. Situated within walking distance to vintage shops, trendy cafes, and cultural attractions, this prime location offers high demand and strong rental income potential. Don't miss this exceptional investment opportunity.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCNR
Interior
Cooling Wall/Window Unit(s)
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Garage, Driveway
Garage Spaces 1.0
Pool None
Community Features Biking, Curbs, Dog Park, Park, Sidewalks
Building
Lot Description Lot 6500-9999
Sewer Public Sewer