1244 E 4th Street Long Beach, CA 90802
1244 E. 4th Street is a 14-unit apartment asset in vibrant Retro Row neighborhood of Long Beach. The property is offered at 11.36 GRM and 5.78% Cap Rate on current rents. The property is comprised of (2) three- bedroom units; (3) two-bedroom units and (9) one-bedroom units. Thirteen of the 14 units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. Double-paned windows are featured throughout the building, and (6) garages onsite provide the opportunity for garage income or the potential for additional rental income through conversion to ADUs. The property is located in prime Retro Row, walking distance from shopping, dining and nightlife amenities.
- Property TypeMulti-Family
- NeighborhoodAlamitos Beach (Ab)
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site47 Days
- MLS StatusPending
- MLS ID NumberPW23183807
- Home Size Source N/A
- Year Built1962
- Lot Size0.2054 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 6
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.2054
- Water Public
- Garage Spaces 6
- Zoning LBCNR
- Listing Conditions Standard
Interior Features
- Laundry Features Inside
Exterior Features
- Pool Features None
- Lot 11-15 Units/ Acre
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 4 - Downtown Area, Alamitos Beach