627 W 4th ST
Long Beach, CA, 90802
$2,100,000
Beds
0 Baths
0 SqFt
0.43 Acres
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MLS #OC26064399 image #0
613 – 627 West 4th Street is a unique 10-unit multifamily investment opportunity situated on two adjacent parcels in Downtown Long Beach, California. The offering consists of a 9-unit cottage-style apartment community and a detached single-family residence located on the neighboring parcel. The cottage parcel features single-story construction with individual entrances, creating a low-density residential layout that differs from traditional corridor-style multifamily properties. The adjacent parcel is improved with a single-family home featuring a spacious backyard. At the rear of the lot are three private garages with gated areas in front, providing additional parking or storage space. Originally constructed between 1901 and 1918, the property offers a diverse unit mix consisting of 1 studio unit, 5 one-bedroom/one-bath units, 2 two-bedroom/one-bath units, 1 two-bedroom/one-and-one-half-bath unit, and 1 three-bedroom/two-bath unit. The variety of floor plans allows the property to appeal to a broad tenant base within the Downtown Long Beach rental market. Ownership has completed several recent capital improvements, including roof replacements in 2020 and 2021 and five recently replaced water heaters. Additional interior upgrades and unit improvements have been completed across multiple units in 2025 and 2026, including flooring replacement, interior painting, kitchen counter reglazing, and various unit turn improvements. 613 – 627 West 4th Street is located within walking distance of major Downtown Long Beach employers and neighborhood amenities, supporting consistent rental demand. The property is also just over half a mile from Mosaic, the large-scale redevelopment of the former City Place site that is introducing new residential, retail, and commercial space to the area. Residents benefit from convenient access to Interstate 710, the Metro A Line, and the nearby Port of Long Beach, one of the region’s largest employment hubs.

Property Details

Price:
$2,100,000
MLS #:
OC26064399
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Mar 25, 2026
Total Sq Ft:
6,366
Lot Size:
18,731 sqft / 0.43 acres (approx)
Year Built:
1918
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeach

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Schools

Interior

Laundry Features
NO
Levels
A

Exterior

Common Walls
NCW
Community Features
SDW, SL, CRB, CW
Garage Spaces
4
Parking Spots
8
Parking Total
8

Financial

Gross Operating Income
$190,489
Maintenance Fee
$10,000
Net Operating Income
$107,797

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Apr 06, 2026
743
Single Family Listed
60
Avg DOM
429
Avg $ / SqFt
$1,060,641
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, 627 W 4th ST Long Beach CA is a Single Family for sale in Long Beach, CA, 90802. It is listed for $2,100,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1918. The average price per square foot for Single Family listings in Long Beach is $429. The average listing price for Single Family in Long Beach is $1,060,641.

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627 W 4th ST
Long Beach, CA