Link Copied
Listed price in listed location currency (USD).
$2,349,000

1598

MLS® 26826121

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6403 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1963
Avg. Price Per Sqft $366
MLS® Number 26826121

Property Address: 3011 E 4th St, Long Beach, CA, 90814-1424

Average square foot calculated using Size range provided by listing agent.

Description

PRICED TO SELL - 9.7X GRM AND 6.9% CAP AT MARKET RENTS - IN PRIME LONG BEACH. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Located on the East Side of Long Beach close to Belmont Shores and the Traffic Circle. The property is impeccably maintained and professionally managed. Excellent unit mix of 2 and 3 bed units featuring 4 garage spaces in the front of the property (each could be rented for $150 each). Unit interiors are in good condition, but a new owner could choose to upgrade them even further and increase rents to market, approx. 15% above current levels. There is an onsite laundry room. The main electrical panel is 200 AMPS - Buyer to verify. The 3 bedroom unit has a large private patio in the rear of the building. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5, 500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs.
MLS® Number26826121
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1963
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$2,349,000List Price
  • Commute

Commute

Starting Address
Destination Address
3011 E 4Th St, Long Beach, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties