4426 N Lakewood Boulevard, Long Beach, CA 90808

About this property

4426 N. Lakewood Blvd is a pride-of-ownership 10-unit apartment building in the heart of East Long Beach, just blocks from the fast-growing development near Long Beach Airport. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units on a 7,506 SF lot. Four units have been fully remodeled, and the building has been diligently maintained with rent increases implemented annually. Projected gross monthly rent as of June 1, 2025 is $17,400 ($208,800 annualized), offering strong in-place cash flow and additional upside. The property includes 7 garages, on-site laundry, and tenant-paid gas and electricity (owner covers water). Excellent location less than a mile from new restaurants, infrastructure, and employment hubs near the airport corridor. This is a stabilized, well-performing asset with professional management—perfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$2,315,000

Sold September 2025 · listed $2,699,000, orig. $2,799,000, on market May 2025 · MLS #NP25113000 · Source: CRMLS

Listing Agent: Joshua Coburn · Listing Office: Chamberlain Real Estate · Contact: 562-552-1127 · Bought with: Joshua Coburn · Chamberlain Real Estate

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