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1229 E 4th Street
Apartment
$2,900,000

Units

12

Building Size

7,442 sf

Lot Size

6,534 sf

Status

Sold

Listing Agent: Kevin King, Marcus & Millichap

Long Beach

1229 E 4th Street

About This Property

We are pleased to present a 12 unit apartment building located at 1229 - 1231 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.

Unit Mix

  • 1 unit · 1bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Sold For

$2,900,000

Listing Agent

Kevin King

Marcus & Millichap