Income Home for Sale in Long Beach, California

1244 E 4th Street, Long Beach, California 90802, US

$ 3,495,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 3,495,000
  • MLS ID: PW23183807
  • Property Type: Income Home
  • WEB ID: PR02666703
  • Property Status: Active Under Contract
  • Lot Size: 8,946sqft
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California
  •  Income Home for Sale in Long Beach, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 3,495,000
  • MLS ID: PW23183807
  • Property Type: Income Home
  • WEB ID: PR02666703
  • Property Status: Active Under Contract
  • Lot Size: 8,946sqft
1244 E. 4th Street is a 14-unit apartment asset in vibrant Retro Row neighborhood of Long Beach. The property is offered at 12.65 GRM 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.

Additional Features

  • 11-15 Units/Acre
  • Two
  • Parking spaces: 6.00
  • Listing Status: Active Under Contract
  • Listing Agent: Robert Stepp (lic# 01456379) of Pacific West
  • Listing Office: Keller Williams - Santa Monica (lic# 01499010 )
  • Based on information from CRISNet MLS as of 29th April 2024 at 12:44am. 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.

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