1427 E 4th, Long Beach, CA 90802
1427 E 4th, Long Beach, CA 90802
1427 E 4th, Long Beach, CA 90802
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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353
$1,999,000
Est. payment /mo
2 Beds
4 Baths
2,951 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB26028039

Bedrooms 2

Lot Size 2,951 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Prime Mixed-Use Investment | Retro Row Long Beach*** 1427 E 4th St is a fully renovated property located in the heart of Long Beachs high-traffic Retro Row. The 5,065 SF building consists of 2 street-level retail units (leased to a popular Coffee Shop and an Upscale Healing Station on long-term leases) and 4 residential units (2 one-bedroom units and 2 studios), all fully upgraded and turnkey. Offered at the BEST PRICE PER SQ.FT. in the market, the property delivers a 6.60% Cap Rate with strong NOI and IMMEDIATE CASH FLOW. Retail benefits from consistent foot traffic and destination-level visibility, while residential units perform well in a low-vacancy rental market. Recent comprehensive renovations translate to minimal maintenance and solid upside through rent growth. Located in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.

Location

State CA

County Los Angeles

Zoning Assessor

Direction North of 4th St East of Alamitos Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 7266018036


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MLS Router / San Diego MLS
Listed by Olga Wright, DRE#01315042 Lyon Stahl Investment Real Estate, Inc. 

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1427 E 4th