4308 E 4th Street
Long Beach, CA 90814
- – beds
- – baths
- – sqft
- 6,751 sqft lot
- 1953 build
- – on site
PRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights - heavily remodeled in 2019 - over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in-place rents. Excellent unit mix for the area with 1 and 2-bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well - new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers - 5.25% 5-year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Last checked:
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Last updated Feb 20, 2025
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MLS# 25497543 —
The Building
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Year Built:1953
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New Construction:No
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Building Area Total:5119.00
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Total Number Of Units:8
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:8 units on the Eastside of Long Beach in Belmont Heights.
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Latitude:33.77143100
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Longitude:-118.14237600
The Property
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Property Type:Residential Income
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Zoning:LBR3T
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Lot Size Area:6751.0000
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Lot Size Dimensions:50x135
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Lot Size Acres:0.1550
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Lot Size SqFt:6751.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7255036017
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:3.00
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Uncovered Spaces:2.00
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 |
|---|---|---|---|---|
|
2/12/25
Feb 12, 2025
|
Listed / Active | CRMLS_CA | $2,349,000 | -2.1% (-0.3% / YR) |
|
9/20/18
Sep 20, 2018
|
CRMLS_CA | $2,400,000 |
