1427 E 4th Street, Long Beach, CA 90802

About this fourplex

1427 E 4th Street is a well-positioned mixed-use property in Long Beach. Built in 1929, the existing 5,065 SF building features (1) commercial unit downstairs and (4) studio units upstairs. The downstairs commercial space can be adapted to split between (2) tenants and features (2) large storage rooms, (2) bathrooms, (2) meeting rooms and an office. All (4) upstairs studio units are equipped with full kitchens. With a 5.55% market cap, this property is a unique opportunity for any investor or owner-user looking to capitalize on mixed use potential and a value-add proposition in the rapidly gentrifying Long Beach Area.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,200,000

Sold June 2023 · listed $1,400,000, on market April 2023 · MLS #PW23054971 · Source: CRMLS

Listing Agent: Brett Lyon · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: broker@lyonstahl.com · Bought with: Olga Wright · Lyon Stahl Investment Real Estate, Inc.

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