323 W 4th St - Apartments FOR SALE


Long Beach, CA 90802- Downtown Long Beach | 
$450,000 USD
323 W 4th St, Long Beach, CA for Sale
$450,000 USD
Apartments - FOR SALE
1/13
null | 6.07% Cap Rate

323 W 4th St
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • Own Your Own (OYO) Property
  • 2 Units on 1 Parcel
  • Ideal for an owner-user strategy—live in one unit while generating income by renting out the other

OVERVIEW

Seller Financing Available with 20% down. Rare opportunity to own two studio units (#201 and #203) in one transaction in the heart of Downtown Long Beach. This is an Own Your Own (OYO) property—meaning buyers purchase shares in a corporation that owns the building, granting exclusive occupancy rights to the units. This structure often offers a more affordable entry point compared to traditional condos. Both studios have been remodeled and are move-in ready, featuring updated finishes and a clean, modern feel. Ideal for an owner-user strategy—live in one unit while generating income by renting out the other. Positioned in a highly desirable location, just steps from the vibrant energy of Pine Avenue and 3rd Street Promenade, with easy access to restaurants, bars, cafes, and boutique shops. With major global events on the horizon—including matches for the FIFA World Cup 2026 and the 2028 Summer Olympics—this property offers strong potential for future rental demand and long-term growth. A versatile investment in a prime location—don’t miss this unique opportunity. HOA covers gas, water, sewer, trash, building insurance and common areas.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$20 USD /SF

# OF UNITS

2

PRICE/UNIT

$225,000

CAP RATE

6.07%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Units #201 & #203

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LBR4N

APN/PARCEL ID

7280-011-066

ASK ABOUT THIS PROPERTY

Juan HuizarSage Real EstateMore Info

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Juan HuizarSage Real EstateMore Info

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