Long Beach, CA 90814,4308 E 4th ST
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Long Beach, CA 90814,4308 E 4th ST
Long Beach, CA 90814,4308 E 4th ST
Long Beach, CA 90814,4308 E 4th ST
Long Beach, CA 90814,4308 E 4th ST

$2,400,000

Est. payment /mo

$2,349,000

2.2%
Est.Price: ?

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4308 E 4th ST Long Beach, CA 90814

12 Beds

8 Baths

5,119 SqFt

SOLD DATE : 05/09/2025

Key Details

Sold Price $2,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,119 sqft

Price per Sqft $468

MLS Listing ID 25497543

Bedrooms 12

Year Built 1953

Lot Size 6,751 Sqft

Property Description

PRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights - heavily remodeled in 2019 - over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in-place rents. Excellent unit mix for the area with 1 and 2-bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well - new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers - 5.25% 5-year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR3T

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Assigned

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jonathan Swire • The Agency
Bought with Jonathan Swire • The Agency
agent

Carol MacNeill

Agent | License ID: 01997810

+1(559) 618-7872

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