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.
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
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#: PW23054971
Originating 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