1711-1715 East 4th Street

Long Beach, CA 90802

$1,800,000
Price
Beds
7,700 Sq. Ft.
$234 / Sq. Ft.
7,700
Sq. Ft.
$234
per Sq. Ft.

Description

1711 - 1715 East 4th Street is a 4-unit plus commercial space, mixed-use investment opportunity located in Long Beach, CA. 1711 - 1715 East 4th Street features 4, two-bedroom apartment units, each with 2 bathrooms, and an approximately 3,500 square foot showroom/office space. This commercial space is available to an Owner/ User with a wide variety of uses. The property represents a unique value-add opportunity with ample upside. Additionally, current ownership has invested significant capital into...1711 - 1715 East 4th Street is a 4-unit plus commercial space, mixed-use investment opportunity located in Long Beach, CA. 1711 - 1715 East 4th Street features 4, two-bedroom apartment units, each with 2 bathrooms, and an approximately 3,500 square foot showroom/office space. This commercial space is available to an Owner/ User with a wide variety of uses. The property represents a unique value-add opportunity with ample upside. Additionally, current ownership has invested significant capital into the refurbishment of the showroom space, which offers a plethora of possible user scenarios.
  1. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • 714-713-9086

Property Details for 1711-1715 East 4th Street

Total Units
5.0
Lot Size Source
Assessor
Building Area Total
7700
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
7266020002
Area
Downtown Area, Alamitos Beach (4)

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551
Add your commute
LISTING UPDATED: 02/27/2024 08:28 AM

Property Details for 1711-1715 East 4th Street

StatusActive
MLS #OC24040161
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1927
Lot Size0.17 AC / 7,405 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551
Add your commute

Building Information for 1711-1715 East 4th Street

Stories2Residences-Year Built1927Lot Size0.17 AC / 7,405 SF

Payment Calculator

$9,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1711-1715 East 4th Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $145,440
  • Vacancy Allowance: 4363
  • Net Operating Income: $91,670
  • Cap Rate: 5.09
Expense Details
  • Operating Expense: $49,407
Tax / Assessment Info
  • Tax Year: 2023
  • Tax Annual Amount: $22,397
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Lot Features: Level with Street
  • Land Use: Multi-Family, Office
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Area: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Multifamily
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Area: 3500
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Showroom/Office
Unit Information
  • Number Of Buildings: 2

Property History for 1711-1715 East 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1711-1715 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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1711-1715 East 4th Street is a mixed use property for sale in Long Beach, CA 90802. This property was listed for sale on February 27, 2024 by Marcus & Millichap RE Invest, it's currently listed at $1,800,000. 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. 1711-1715 East 4th Street is a 0-bed, 0-bath, 7,700 sqft mixed use property built in 1927.

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 Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

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.