1944 E 4th St Long Beach, CA 90802
Active
$2,490,000
6 Units
4 Beds
7 Baths
5,817 Area(sq.ft.)
3,596 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 6 | 4 | 7 | No | $ 1 | $ 1 | $ 1 |
| 1 | 6 | 24 | 42 | $ 6 | $ 6 | $ 6 |
| MLS #: | 24-412093 |
| Days On Market: | 116 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 428 |
| Price per unit: | $ 415,000 |
| Year Built: | 1928 |
Property Details
Heart of hip Retro Row Fourth Street just blocks from the Beach! Priced by out-of-state Seller for seamless sale. Beautifully restored 2-story mixed-use hard corner Cherry and 4th. Multiple cherished longtime tenants. 4 Loft-like spacious high ceilings Residential upstairs and 2 high profile Commercial on the ground floor. Long Beach suddenly top 3 traded markets nationally!! No better property or neighbourhood than this! Across the street from Alder and Sage Restaurant among countless other local landmarks!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 16% |
| Gross Operating Income: | $ 236,700 |
| Total Annual Expense: | $ 25,200 |
| Net Operating Income: | $ 211,500 |
| Gross Annual Income: | $ 19,725 |
| Cap Rate: | 8.49% |
| Gross Rent Multiplier: | 10.50 |
Structure
| Type of Units: | Retail |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LBCNR |
| Parking Garage: | Other, On street |
Interior
| AC/Cooling: | Other |
| Equipment: | Other |
| Heating: | Other |
Exterior
Detailed Map
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Income
