Property
Listing Agent: Robert Stepp (DRE #01456379) · Listing Office: Keller Williams Realty Downey · Contact: 310-463-2916 · Bought with: Larry Bustamante · Keller Williams Realty Downey · MLS #PW25236303 · Source: CRMLS
1917 E. 4th Street is an 18-unit apartment building located in the heart of Long Beach’s highly sought-after 4th Street / Retro Row district. This property offers investors the opportunity to acquire a well-positioned asset in a supply-constrained rental market at an attractive 9.55 GRM on current rents. The building offers an attractive mix of studio, one-, two-, and three- bedroom units. On-site laundry and parking, generate additional income streams. Recent capital improvements include new electrical subpanels and new windows installed throughout the building within the past seven years. The property includes 7 parking garages and one surface space in a neighborhood where parking is often limited. Recognized in publications such as The New York Times, Sunset Magazine, and The New Yorker, 4th Street / Retro Row is a vibrant, pedestrian- and bike-friendly corridor, home to 40+ independent merchants. The area is celebrated for its eclectic mix of vintage and contemporary clothing, furniture, accessories, art, antiques, and collectibles, as well as a diverse range of acclaimed restaurants, cafés, wine bars. With its prime location, strong rental fundamentals, and recent upgrades, 1917 E. 4th Street represents a compelling investment opportunity for buyers seeking stable income and long-term value in one of the city’s most dynamic submarkets.
Listing description from the December 2025 sale, as reported to CRMLS.