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$1,999,000
Est. payment /mo
2 Beds
4 Baths
2,951 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB26028039
Bedrooms 2
Lot Size 2,951 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Mixed-Use Investment | Retro Row Long Beach*** 1427 E 4th St is a fully renovated property located in the heart of Long Beachs high-traffic Retro Row. The 5,065 SF building consists of 2 street-level retail units (leased to a popular Coffee Shop and an Upscale Healing Station on long-term leases) and 4 residential units (2 one-bedroom units and 2 studios), all fully upgraded and turnkey. Offered at the BEST PRICE PER SQ.FT. in the market, the property delivers a 6.60% Cap Rate with strong NOI and IMMEDIATE CASH FLOW. Retail benefits from consistent foot traffic and destination-level visibility, while residential units perform well in a low-vacancy rental market. Recent comprehensive renovations translate to minimal maintenance and solid upside through rent growth. Located in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of 4th St East of Alamitos Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7266018036
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Listed by Olga Wright, DRE#01315042 Lyon Stahl Investment Real Estate, Inc.
Nearby Locations
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