1631 4th st, Long Beach, CA 90802
Active
$1,900,000
5%
9 Units
5 Beds
5 Baths
4,734 Area(sq.ft.)
Lot: 6,534 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 5 | studio | 1 | No | $ 8,805 | $ 8,805 | $ 10,400 |
| Unit 2 | 2 | 1 | 1 | No | $ 3,100 | $ 3,100 | $ 4,000 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,200 | $ 2,200 | $ 2,200 |
| Unit 4 | 1 | 2 | 2 | No | $ 2,495 | $ 2,495 | $ 2,495 |
| 9 | 6 | 10 | $ 54,920 | $ 54,920 | $ 64,695 |
| MLS #: | OC25112766MR |
| Days On Market: | 200 |
| Listing Date: | May 20, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 401 |
| Price per unit: | $ 211,111 |
| Year Built: | 1947 |
Property Details
1631 East 4th Street features 8 multifamily units and a commercial suite located in the North Alamitos Beach neighborhood of Long Beach, CA. 1631 East 4th Street offers a unique mix of studio, one, and two-bedroom residential units behind a single-story commercial suite. The gated property features 3 buildings and offers four surface parking spaces in the rear of the property. Situated in a fantastic Long Beach location within the North Alamitos Beach neighborhood, 1631 East 4th Street is surrounded by an abundance of retail, dining, and entertainment options, as well as employers. The property is situated just blocks east of Retro Row, a collection of eclectic shops and restaurants, as well as 0.75 miles west of Downtown Long Beach, the city s cultural and economic center. Additionally, residents enjoy the properties close proximity to an abundance of everyday needs at Grocery Outlet and El Mercado. Furthermore, 1631 East 4th Street benefits from its location, providing easy access to a wide variety of local amenities including, The Pike Outlets, Long Beach Convention & Entertainment Center, Alamitos Beach, and more. In summary, 1631 East 4th Street s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 178,721 |
| Total Annual Expense: | $ 60,213 |
| Net Operating Income: | $ 118,508 |
| Cap Rate: | 5.86% |
| Gross Rent Multiplier: | 10.85 |
Structure
| Community Features: | Curbs, Gutters, Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LBCNR |
| Land Lease Type: | Fee |
Interior
| Laundry: | Dryer, Dryer Included, Washer, Washer Included |
Exterior
| Pool: | No |
Detailed Map
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