$1,600,000
425 W 4th, Long Beach, CA
MLS# PW26218881
Welcome to 425 W 4th St, a well preserved 1920s multifamily property in the historic Willmore City neighborhood of Downtown Long Beach. The building blends vintage character with modern upgrades. It offers oversized one bedroom units of approximately 800 SF, each with a large double door walk in closet suitable for storage, a home office, or flex space. Original built ins, distinctive architectural moldings, and beautifully refinished original hardwood floors give the units a charm that is hard to find in today's rental market. Most units have been upgraded with modern kitchens and baths featuring quartz countertops and new tile, and select electrical and plumbing improvements have also been completed. Each unit includes its own washer and dryer, which is rare for vintage downtown product. The property has a 92 Walk Score and sits three blocks from the ocean. It is close to the new courthouse, parks, dining, transit, and major freeways, within a submarket with low vacancy and consistent tenant demand. It offers approximately a 6% current cap rate with an estimated 20% rental upside, giving investors stable cash flow and meaningful room for income growth.
425 W 4th • Long Beach, CA 90802
Daniel Gomez
DRE #: 02081392
Brokerage: Younglewin Advisors, Inc.
Shane Young
Co-Listing Agent
DRE #: 01963090
Brokerage: Younglewin Advisors, Inc.
Closed sales reported in 90802, nearest first, last 12 months. All recent sales in Long Beach →
CRMLS
MLS# PW26218881
Listed: 10/13/2026 4:47 AM
© 2026 California Regional Multiple Listing Service, Inc.
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/13/2026 11:56 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: Younglewin Advisors, Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.