4340 E 4th Street E
Long Beach — 10 units / 7,701 sf building
Courtesy of Carl Reinhart, Broker
Units
10
Building Size
7,226 sf
Lot Size
6,375 sf
Status
Active
Long Beach
About This Property
Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the South Wrigley neighborhood of Long Beach. The property consists of large one bedroom and two bedroom units along with six garages and an on-site laundry room that both appeals to tenants and provides additional income. Recent improvements include an updated roof, electrical system, and unit interior renovations allowing for an investor to acquire a low maintenance building in a strong rental location. With rents slightly below market, this asset provides immediate cash-flow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.
Unit Mix
Neighborhood
This property is located in Long Beach. Want to learn more about the area?
Explore CommunitiesListing courtesy of Skyline Commercial Real Estate
Listing data from CRMLS. Deemed reliable but not guaranteed.
Asking Price
$2,045,000
Listing Agent
Ryan Pratt
Skyline Commercial Real Estate
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