1229 E 4th St, LONG BEACH, CA

$3,000,000

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1

Bed

1

Bath

7,442

Square feet

0.15

Acres

About 1229 E 4th St

We are pleased to present a 12 unit apartment building located at 1229 - 1231 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 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 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 7 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. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.

Features of 1229 E 4th St

MLS® # PW24077326MR
Price $3,000,000
Bedrooms 1
Bathrooms 1.00
Square Footage 7,442
Acres 0.15
Year Built 1936
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 1229 E 4th St
Area Downtown Area, Alamitos Beach
City LONG BEACH
County Los Angeles
State CA
Zip Code 90802

Amenities

Parking Spaces 7
# of Garages 7
Is Waterfront No
Has Pool No
Pool None

Interior

Fireplace No
# of Stories 2
Has Basement No

Additional Information

Date Listed April 18th, 2024
Days on Market 31
Zoning LBR3T
Foreclosure No
RE / Bank Owned No

Listing Details

AgentKevin King (01158184)
OfficeMarcus & Millichap

Listing Map

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