425 W 4th St
- Prime Downtown Long Beach Location – Highly walkable urban location with a 92 Walk Score, strong bikeability, convenient public transit, and easy access to major freeways
- Low-Vacancy Rental Submarket – Located in a strong Long Beach rental market with consistent tenant demand and limited available inventory
- Well-Preserved 1920s Character Asset – Exceptionally maintained vintage property that retains its original architectural charm and character while showing pride of ownership
- Oversized, Functional Unit Layouts – Spacious units with distinctive features rarely found in competing rentals, including an extra-large double-door walk-in closet offering exceptional storage and potential functionality as a home office or flex space
- Attractive In-Place Yield with Upside – Approximately 6% current cap rate with an estimated 20% rental upside, providing investors with stable existing cash flow and meaningful potential for future income growth
Property Description
7-Unit Multifamily Offering in Prime Downtown Long Beach
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,600,000 |
| No. of Units: | 7 |
| Year Built: | 1920 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $228,571 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1422 E Mauretania Street
Los Angeles, California
840 Modesto Avenue, Unit 1
South Lake Tahoe, CaliforniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout