Located in the heart of Retro Row, just a mile from Alamitos Beach, this beautifully maintained multi-unit property offers a 5.7% CAP rate on current rents. The property features (4) one-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom house, providing a versatile mix of rental options. Recent upgrades include a brand-new roof (2024) and modernized interiors, ensuring long-term value and tenant appeal.
Situated within walking distance to vintage shops, trendy cafes, and cultural attractions, this prime location offers high demand and strong rental income potential. Don’t miss this exceptional investment opportunity.
Situated within walking distance to vintage shops, trendy cafes, and cultural attractions, this prime location offers high demand and strong rental income potential. Don’t miss this exceptional investment opportunity.
Property Details
Price:
$1,645,000
MLS #:
PW25052506
Status:
Active
Baths:
0
Address:
1545 E 4th Street
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Mar 10, 2025
State:
CA
ZIP:
90802
Lot Size:
7,347 sqft / 0.17 acres (approx)
Year Built:
1923
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Exterior
Community Features
Biking, Curbs, Dog Park, Park, Sidewalks
Garage Spaces
1.00
Lot Features
Lot 6500-9999
Parking Features
Driveway, Garage
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1545 E 4th Street Long Beach CA
- Area4 – Downtown Area, Alamitos Beach
- SubdivisionAlamitos Beach (AB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
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1545 E 4th Street
Long Beach, CA
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