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Sold for $1,200,000 on 06/01/23
  • Listing Provided by: 

    Brett Lyon DRE #01717818 broker@lyonstahl.com,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    $1,200,000

    1427 E 4th St, Long Beach, CA 90802

    --beds
    --baths
    5,065sqft
    Quadruplex
    Built in 1929
    -- sqft lot
    $1,583,200 Zestimate®
    $237/sqft
    $3,346 Estimated rent

    What's special

    1427 E 4th Street is a well-positioned mixed-use property in Long Beach. Built in 1929, the existing 5,065 SF building features (1) commercial unit downstairs and (4) studio units upstairs. The downstairs commercial space can be adapted to split between (2) tenants and features (2) large storage rooms, (2) bathrooms, (2) meeting rooms and an office. All (4) upstairs studio units are equipped with full kitchens. With a 5.55% market cap, this property is a unique opportunity for any investor or owner-user looking to capitalize on mixed use potential and a value-add proposition in the rapidly gentrifying Long Beach Area.

    Zillow last checked: 7 hours ago

    Listing updated: June 05, 2023 at 02:16pm

    Listing Provided by:

    Brett Lyon DRE #01717818 broker@lyonstahl.com,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    Bought with:

    Olga Wright, DRE #01315042

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: PW23054971MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,065
    • Total interior livable area: 5,065 sqft

    Property

    Features
    • Pool features: None
    Lot
    • Size: 2,951 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 7266018036
    • Zoning: LBCNR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Long Beach

    HOA & financial

    Other financial information
    • Total actual rent: 7840

    Other

    Other facts
    • Listing terms: Cash to New Loan
    Services availability
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    Estimated market value

    $1,583,200