1827 E 4th Street, Long Beach, CA 90802
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Kobe Zimmerman

Kobe Zimmerman

+1(858) 753-3353
$7,400,000
Est. payment /mo
10 Beds
19 Baths
8,767 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW26023461

Bedrooms 10

Lot Size 8,767 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Introducing Pike Manor in the heart of Retro Row, one of Long Beachs most dynamic and supply-constrained coastal neighborhoods. Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional assets. The property is 100% leased to a high-credit tenant base and operates at a 5.13% CAP rate at approximately $487 per sf, a basis significantly below replacement cost for comparable new coastal construction. Pike Manor has undergone an extensive top-to-bottom redevelopment, including 100% all new building infrastructure, including plumbing, sewer and water lines, gas lines, electrical systems, subpanels, meters, mechanical systems, roofing, windows, doors, faade improvements, hardscape, and landscaping. The property was rebuilt post-Title 24 standards and was designed to minimize future capital expenditure risk while creating operational efficiency through separate gas and electric metering, rooftop solar, drought-tolerant landscaping, and high-efficiency systems throughout. All units feature premium modern interiors with quartz countertops, European-style cabinetry, designer fixtures, Energy Star appliances, plank flooring, in-unit washer/dryers, all new windows, oversized walk-in closets, and designer coastal finishes curated to attract Long Beachs growing professional tenant demographic. Several units feature oversized layouts, vaulted ceilings, bay windows, and unique architectural details rarely found

Location

State CA

County Los Angeles

Zoning Estimated

Direction From 4th Street and Cherry East to Address

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 4

Level or Stories 4

Others

Senior Community No

Tax ID 7266026036

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Matthew Firth, DRE#01903073 Matthew Firth, Broker 

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1827 E 4th Street