Listed price in listed location currency (USD).
$1,100,000

000

MLS® PW26215302

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 5
Lot Size 0.0566 Acres
Approx. Age 1930
MLS® Number PW26215302

Property Address: 3514 E 4th, Long Beach, CA, 90814

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

Description

3514 E. 4th Street is a charming four-unit multifamily property ideally positioned along Long Beach’s highly desirable 4th Street / Retro Row corridor. Built in 1930, the property offers distinctive vintage character and consists of four oversized 1BD/1BA units averaging approximately 712 square feet. The property is offered at $1, 100, 000, equating to an attractive $275, 000 per unit, with a current 5.52% cap rate. The asset benefits from strong in-place rents and a stable renter profile, providing immediate cash flow with limited reliance on future rent growth. Current rents average approximately $1, 833 per unit, compared with an average of $1, 915 among the selected rent comparables. With three of the four units already achieving $1, 845 per month, the property offers an established income stream while retaining modest additional rental upside. Located east of Redondo Avenue in the heart of the 4th Street / Retro Row area, 3514 E. 4th Street offers residents walkable access to an extensive collection of restaurants, shops, and neighborhood amenities. The combination of a highly desirable Long Beach location, oversized units, strong existing rents and a sub-$300, 000- per-unit basis presents a compelling opportunity to acquire a well- positioned four-unit asset in one of the city’s most established rental markets.
MLS® NumberPW26215302
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 2, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
3514 E 4Th, Long Beach, CA

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