1244 East 4th Street
1244 East 4th Street
$3,495,000
8
18
9,765
9,765
$358
Active Under Contract
Description
1244 E. 4th Street is a 14-unit apartment asset in vibrant Retro Row neighborhood of Long Beach. The property is offered at 11.36 GRM and 5.78% Cap Rate on current rents. The property is comprised of (2) three- bedroom units; (3) two-bedroom units and (9) one-bedroom units. Thirteen of the 14 units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout....1244 E. 4th Street is a 14-unit apartment asset in vibrant Retro Row neighborhood of Long Beach. The property is offered at 11.36 GRM and 5.78% Cap Rate on current rents. The property is comprised of (2) three- bedroom units; (3) two-bedroom units and (9) one-bedroom units. Thirteen of the 14 units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. Double-paned windows are featured throughout the building, and (6) garages onsite provide the opportunity for garage income or the potential for additional rental income through conversion to ADUs. The property is located in prime Retro Row, walking distance from shopping, dining and nightlife amenities.
- Listed by Robert Stepp • DRE #01456379 • Brokerage DRE #01499010 • Keller Williams - Santa Monica • 310-463-2916
Property Details for 1244 East 4th Street
Parking Spaces Total
6
Private PoolNo
Total Units14.0
Building TypeAttached
Lot Size SourceAssessor
Living Area9765
Assessor Parcel Number7275-006-007
Property Attached YNtrue
Location
LISTING UPDATED: 04/01/2024 10:10 AM
Property Details for 1244 East 4th Street
Status | Active Under Contract |
---|---|
MLS # | PW23183807 |
Days on Market | 182 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.21 AC / 8,946 SF |
County | Los Angeles County |
Location
Building Information for 1244 East 4th Street
Stories2Residences-Year Built1962Building Size-Lot Size0.21 AC / 8,946 SF
Payment Calculator
$22,539 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1244 East 4th Street
Property History for 1244 East 4th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1244 East 4th Street
Taxable ValueLand$1,640,468Additions$1,532,042Total$3,172,510
Tax Record2023$41,580 ($3,465 / month)
Home Facts
Total Finished SqFt9,765 SqFtAbove Grade Finished SqFt9,765 SqFtLot Size8,946 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLBCNRCountyLOS ANGELESAPN7275-006-007
Schools near 1244 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.
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