1229 East 4th Street
1229 East 4th Street
$3,000,000
1
12
7,442
7,442
$403
Description
We are pleased to present a 12 unit apartment building located at 1229 - 1231 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot....We are pleased to present a 12 unit apartment building located at 1229 - 1231 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.
- Listed by Kevin King • DRE #01158184 • Brokerage DRE #00530854 • Marcus & Millichap • kking@marcusmillichap.com
Property Details for 1229 East 4th Street
Parking Spaces Total
7
Private PoolNo
Total Units12.0
Building TypeAttached
Lot Size SourceAssessor
Living Area7442
Assessor Parcel Number7266-014-019
Property Attached YNtrue
Location
LISTING UPDATED: 04/18/2024 02:28 AM
Property Details for 1229 East 4th Street
Status | Active |
---|---|
MLS # | PW24077326 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1936 |
County | Los Angeles County |
Location
Building Information for 1229 East 4th Street
Building/Complex1229 E 4th StFloor-Stories2Residences-Pet Policy-Year Built1936Building Size-
Payment Calculator
$16,454 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1229 East 4th Street
Property History for 1229 East 4th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1229 East 4th Street
Taxable ValueLand$54,283Additions$1,381Total$55,664
Tax Record2023$987 ($82 / month)
Home Facts
Beds0Total Finished SqFt602 SqFtAbove Grade Finished SqFt602 SqFtLot Size3,030 SqFtStyleMiscellaneous ResidentialYear Built1936ZoningLBR3TCountyLOS ANGELESAPN7266-014-019
Schools near 1229 East 4th Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Stevenson Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Renaissance High School For The Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.