Long Beach, CA 90802,1045 E 4th ST
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Long Beach, CA 90802,1045 E 4th ST
Long Beach, CA 90802,1045 E 4th ST
Long Beach, CA 90802,1045 E 4th ST
Long Beach, CA 90802,1045 E 4th ST
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$ 2,995,000
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1045 E 4th ST Long Beach, CA 90802

8,720 SqFt


UPDATED:

12/10/2024 07:02 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 8,720 sqft

Price per Sqft $343

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW24077362

HOA Y/N No

Year Built 1922

Lot Size 0.275 Acres

Acres 0.275

Property Description

We are pleased to present a 14 unit apartment building located at 1045 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 of 8,720 rentable square feet spread throughout a 11,980 square foot lot. It was built in 1922 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 5 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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBCNR

Interior

Laundry None

Exterior

Garage Spaces 5.0

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS 1031 Exchange,Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Contact Listing Agent


CRMLS Plus
Listed by Marcus & Millichap

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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1045 E 4th ST