855.375.4001
Listed by kking@marcusmillichap.com - Kevin King - Marcus & Millichap
$2,550,000 affordable loan icon Calculate Payment

1229 4th Street Long Beach, CA 90802

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Apartment Residence
Beds
Baths
... Bed/Bath
7,442 Sq. Ft.

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Last updated on 10/5/2024 10:19 AM
We are pleased to present a 12 unit apartment building located at 1229 - 1231 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 whe...re there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 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 7 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. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. Continue reading
MLS#
PW24077326
Property Type
Apartment
Year Built
1936
Square Feet
7,442 sq. ft
Lot Size
0.15
Stories
2.0
Sewer
Public Sewer

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Listed by kking@marcusmillichap.com - Kevin King - Marcus & Millichap
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 10/5/2024 10:19 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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