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1045 E 4th St Long Beach, CA, 90802
$3,500,000 Commercial for sale Other
We are pleased to present a 14 unit apartment building located at 1045 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 of 8,720 rentable square feet spread throughout a 11,980 square foot lot. It was built in 1922 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 5 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.
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Property details
8,720 sqft interior area
Land area
11,980 sqft (0.28 acres)
Days on Verhouse
24
Address
1045 E 4th St, Long Beach, CA, 90802
City of California
Long Beach
County
Los Angeles
Year Built
1922
District
Listing
Nearby major retailers
Costco
Lowe's
Whole Foods Market
Trader Joe's
T-Mobile
Mercedes-Benz
ALDI
Toyota
Walmart Supercenter
Wholesale: 1
Do it yourself: 1
Supermarket: 6
Mobile phone: 2
Car: 1
Car repair: 1
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Listed by
Kevin King, Marcus & Millichap
Name
Kevin King
License number
01158184
Brokerage company
Marcus & Millichap
MLS #
CRPW24077362
Payment calculator
Calculate your monthly payments
Mortgage
$10,746
Taxes
$0
HOA dues
$0
Mortgage
$700,000 / 20%
2.28%
30 years
Your amount
$10,746 / month
Lot details
TMK #7266009023
Parcel nr.
7266009023
90802 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90802
44%
Families with children
National average: 39%
49%
Non family households
324,973
Population
$82,376
Average Income
Age & gender
Median age 35 years
More info
Commute types
79% commute by car
More info
Education level
20% have bachelor education
More info
Number of employees
3% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
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Vehicles by gender
48% have 1 vehicle
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Housing market insights for
$934.29k
Neighborhood average
sales price*
sales price*
$673k
Neighborhood median
sales price*
sales price*
515
Number
of sales*
of sales*
Housing type
33% are small apartments
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Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
47% have 2 or 3 bedrooms
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Owners vs Renters
71% are renters
More info
15.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 18, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 18, 2024 | New Listing | $3,500,000 | 0 | MLS #CRPW24077362 |
Taxes of 1045 E 4th St, Long Beach, CA, 90802
LBCN zoning / MLS #CRPW24077362
Zoning
LBCN
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Frequently Asked Questions about 1045 E 4th St
What is 1045 E 4th St?
1045 E 4th St is a Commercial/Industrial propertywith 8,720 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1045 E 4th St, Long Beach, CA, 90802.
What comparable properties are nearby?
Comparable nearby commercial properties include 1049 E 5th St, 1229 E 4th St, 1026 E Broadway, 728 Cerritos Ave, 532 Nebraska Ave, 1616 E 4th St.
Based on information from the bridgeMLS as of 05-11-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 18, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Vons 2861, 0.4 miles away and El Super, 0.57 miles away.
The 90802 zip area has a population of 324,973, and 44% of the families have children. The median age is 35.31 years and 79% commute by car. The most popular housing type is "small apartment" and 71% is renter.
