1545 E 4th St - Apartments FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$1,649,000 USD
310-948-2631
1545 E 4th St, Long Beach, CA for Sale
$1,649,000 USD
Apartments - FOR SALE
1/25
null | 5.3% Cap Rate

1545 E 4th St
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • 5 units blocks from Retro Row in Long Beach.
  • NOT subject to local rent control.
  • EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
  • All units heavily updated in 2020 including modern electrical.

OVERVIEW

5 units located blocks from Retro Row in Long Beach. NOT subject to local rent control, just AB 1482 (CPI + 5% annual increase). The property features a 3 bedroom single family home and a 4plex in the rear with 4 1bed/1bath units. All units have washer dryers in them and have been heavily updated. The electrical was updated in 2017. There is garage and street parking available. This is an excellent property as a 1031 Upleg or for a new investor. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

FOR SALE DETAILS

PRICE

$1,649,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

5

PRICE/UNIT

$329,800

CAP RATE

5.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LBCNR

APN/PARCEL ID

7266-018-026

ASK ABOUT THIS PROPERTY

Jon SwireThe AgencyMore Info
310-948-2631

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Jon SwireThe AgencyMore Info
310-948-2631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.