1229 E 4th Street
Long Beach, CA 90802
- – beds
- – baths
- – sqft
- 6,534 sqft lot
- 1936 build
- – on site
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We are pleased to present a 12 unit apartment building located at 1229 - 1231 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.
Listed By CRMLS_CA / Kevin King / Marcus & Millichap / kking@marcusmillichap.com
Last checked:
Checking…
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Last updated Aug 26, 2024
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MLS# PW24077326 —
The Building
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Year Built:1936
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:7442.00
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Building Area Units:Square Feet
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Total Number Of Units:12
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:13
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# of Separate Water Meters:1
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# of Separate Electric Meters:13
Interior
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Levels:Two
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Entry Location:Side
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Laundry:None
Location
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Directions:4th St & Orange Ave
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Latitude:33.77219700
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Longitude:-118.17562200
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR3T
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Lot Features:11-15 Units/Acre
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Lot Size Area:6534.0000
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Lot Size Acres:0.1500
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Lot Size SqFt:6534.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Additional Parcels Description:7266-014-017
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:D
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Tax Census Tract:5765.02
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Tax Tract:576502
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Tax Lot:5
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7266014019
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Alamitos Beach (AB)
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Subdivision:Alamitos Beach (AB)
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Features:Curbs, Sidewalks
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Pool:None
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Senior Community:Yes
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Private Pool:No
Parking
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Parking Spaces:7.00
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Garage Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/23/24
Aug 23, 2024
|
Sold | CRMLS_CA | $2,550,000 | -12.1% |
7/22/24
Jul 22, 2024
|
Pending | CRMLS_CA | $2,900,000 | |
5/24/24
May 24, 2024
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Price Changed | CRMLS_CA | $2,900,000 | -3.3% |