1535 East 4th Street

Long Beach, CA 90802

$1,699,000
Price
5
Beds
4
Baths
2,841 Sq. Ft.
$598 / Sq. Ft.
2,841
Sq. Ft.
$598
per Sq. Ft.

Description

Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached...Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached back house is also a Large 1bedroom-1bathroom with dinning area, front yard and backyard; this house has room to add additional square footage possibly turning into a 2 bedroom and also converting the garage into a Junior ADU. Please verify with city of Long Beach. These units have a 5 car garage off alley. Central courtyard for entertaining. A few blocks to the ocean. Live in one unit and let the other units help cover your mortgage. Freshly painted, quiet area, great neighborhood! A Rare find.
  1. Listed by Jocelyn Thav • DRE #01464845 • Brokerage DRE #01464845 • Jocelyn Thav, Broker • 562-787-3243

Property Details for 1535 East 4th Street

Parking Spaces Total
5
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2841
Assessor Parcel Number
7266-018-025

Location

Listing Courtesy of Jocelyn Thav, Broker, Jocelyn Thav, DRE #01464845
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LISTING UPDATED: 04/22/2024 09:15 AM

Property Details for 1535 East 4th Street

StatusActive
MLS #PW24080313
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1909
Lot Size0.17 AC / 7,533 SF
CountyLos Angeles County

Location

Listing Courtesy of Jocelyn Thav, Broker, Jocelyn Thav, DRE #01464845
Add your commute

Building Information for 1535 East 4th Street

Stories2Residences-Year Built1909Building Size-Lot Size0.17 AC / 7,533 SF

Payment Calculator

$9,917 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,272

Property Taxes

$645

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1535 East 4th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $78,636
  • Gross Scheduled Income: $91,272
  • Net Operating Income: $78,636
Expense Details
  • Operating Expense: $12,636
  • New Taxes Expense: $18,000
  • Gardener Expense: $900
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,500
  • Other Expense: $900
  • Trash Expense: $0
  • Water Sewer Expense: $1,500
  • Real Estate Tax Expense: $7,736
  • Total Expenses: $22,900
Tax / Assessment Info
  • Tax Annual Amount: $7,736
  • Tax Tract Number: 05500
  • Tax Census Tract: 5765.02
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Shingle
  • Entry Location: Front and Back
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: Alley, City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Alamitos Beach
  • Builders Tract Code: Alamitos Beach (AB)
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,491
  • Unit Type Total Rent: $2,491
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,115
  • Unit Type Total Rent: $1,115
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1535 East 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1535 East 4th Street

Taxable ValueLand$266,307Additions$278,142Total$544,449
Tax Record2023$7,736 ($645 / month)
Home Facts
Total Finished SqFt2,841 SqFtAbove Grade Finished SqFt2,841 SqFtStories1Lot Size7,533 SqFtStyleOffice BuildingYear Built1909ZoningLBCNRCountyLOS ANGELESAPN7266-018-025

Schools near 1535 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
Charter - 9 to 12
Rating
School
Distance
Burbank Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Clear Passage Educational Center
Charter9 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

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1535 East 4th Street is a mixed use property for sale in Long Beach, CA 90802. This property was listed for sale on April 22, 2024 by Jocelyn Thav, Broker, it's currently listed at $1,699,000. It has been on the market for a total of 11 days and was last sold on April 29, 2013. This listing's school district is Long Beach Unified School District. Nearby schools include Burbank Elementary School, Franklin Classical Middle School and Polytechnic High School. 1535 East 4th Street is a 5-bed, 4-bath, 2,841 sqft mixed use property built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jocelyn Thav, Broker, Jocelyn Thav, DRE #01464845

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.