4426 N. Lakewood Blvd is a pride-of-ownership 10-unit apartment building in the heart of East Long Beach, just blocks from the fast-growing development near Long Beach Airport. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units on a 7,506 SF lot. Four units have been fully remodeled, and the building has been diligently maintained with rent increases implemented annually. Projected gross monthly rent as of June 1, 2025 is $17,400 ($208,800 annualized), offering strong in-place cash flow and additional upside. The property includes 7 garages, on-site laundry, and tenant-paid gas and electricity (owner covers water). Excellent location less than a mile from new restaurants, infrastructure, and employment hubs near the airport corridor. This is a stabilized, well-performing asset with professional management—perfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.
Property Details
Price:
$2,799,000
MLS #:
NP25113000
Status:
Active
Baths:
0
Address:
4426 N Lakewood Boulevard
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Lakewood Village LKVL
Neighborhood:
29lakewoodvillage
City:
Long Beach
Listed Date:
May 19, 2025
State:
CA
ZIP:
90808
Lot Size:
7,506 sqft / 0.17 acres (approx)
Year Built:
1958
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Vinyl
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
7.00
Lot Features
Landscaped, Paved
Parking Features
Garage, Garage Faces Front, Garage Faces Rear, Garage – Single Door
Parking Spots
7.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Utilities
Water Connected
Map
Community
- Address4426 N Lakewood Boulevard Long Beach CA
- Area29 – Lakewood Village
- SubdivisionLakewood Village (LKVL)
- CityLong Beach
- CountyLos Angeles
- Zip Code90808
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4426 N Lakewood Boulevard
Long Beach, CA
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