4308 E 4th Street, Long Beach CA, 90814

Active

4308 E 4th Street

Long Beach CA, 90814

$2,349,000

$458.88 per sqft

Active

12 Beds

8 Baths

5,119 sqft

Residential

Built in 1953

Listed by Jonathan Swire with The Agency 310-948-2631

PRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights - heavily remodeled in 2019 - over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in-place rents. Excellent unit mix for the area with 1 and 2-bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well - new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers - 5.25% 5-year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

25497543

MLSⓇ ID

February 12, 2025

Listed

February 22, 2025

Updated

Interior Features

Total Stories: 2
Bedrooms: 12
Total Bathrooms: 8
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.15 Acres

Other Property Details

Area Name: 2 - Belmont Heights, Alamitos Heights
Days on Market: 8
Garage: No
Parking: Assigned
Parking Total: 3
View: No
County: Los Angeles
Pool: No
Zoning: LBR3T

Listing Contact: 424-230-3700

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/22/2025 at 11:01 AM UTC