1944 East 4th Street

Long Beach, CA 90802

$2,875,000
Price
Beds
5,817 Sq. Ft.
$494 / Sq. Ft.
5,817
Sq. Ft.
$494
per Sq. Ft.

Description

Property is a multi-tenant mixed use property with retail on the ground floor and residential located directly above with
approximately 5,817 SF on approximately 3,596 SF of land. The retail tenants include the popular Salud Juice Bar & Café and Fatimas Grill. The
upstairs includes 4 residential tenants. The property is in the high traffic corridor of 4th Street in what is dubbed “Retro Row. This corridor is vibrant
and has a creative spirit of the Long Beach culture. Stretching between Cherry and
...Property is a multi-tenant mixed use property with retail on the ground floor and residential located directly above with
approximately 5,817 SF on approximately 3,596 SF of land. The retail tenants include the popular Salud Juice Bar & Café and Fatimas Grill. The
upstairs includes 4 residential tenants. The property is in the high traffic corridor of 4th Street in what is dubbed “Retro Row. This corridor is vibrant
and has a creative spirit of the Long Beach culture. Stretching between Cherry and Junipero, the district is home to an exciting group of 40+
independent merchants. Kitchy and hip and always hospitable, 4th Street features vintage & contemporary clothing, furniture & accessories, art,
antiques & collectibles, books, roller skates & skateboards as well as locally owned restaurants, coffee shops and wine bars. Adding to the retro
vibe of the street is the restored 1920’s Art Theatre, which hosts a mix of first run and art films, live concerts & comedy, and other unique events.
4th Street is one of the few designated bike-friendly business districts in the city and has been featured in the pages of the New York Times as well
as New York, Sunset, and Los Angeles magazine.
  1. Listed by Juan Huizar • DRE #01417642 • Brokerage DRE #02163228 • Sage Real Estate • 562-307-0838
  2. Listed by Sheva Hosseinzadeh • DRE #01922147 • Brokerage DRE #01330395 • Coldwell Banker Commercial

Property Details for 1944 East 4th Street

Parking Spaces Total
0
Total Units
6.0
Lot Size Source
Assessor
Building Area Total
5817
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
7275017008

Location

Listing Courtesy of Sage Real Estate, Juan Huizar, DRE #01417642; Coldwell Banker Commercial, Sheva Hosseinzadeh, DRE #01922147
Add your commute
LISTING UPDATED: 04/18/2024 09:29 AM

Property Details for 1944 East 4th Street

StatusActive
MLS #PW23193828
Days on Market193
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1928
Lot Size0.08 AC / 3,596 SF
CountyLos Angeles County

Location

Listing Courtesy of Sage Real Estate, Juan Huizar, DRE #01417642; Coldwell Banker Commercial, Sheva Hosseinzadeh, DRE #01922147
Add your commute

Building Information for 1944 East 4th Street

Stories2Residences-Year Built1928Lot Size0.08 AC / 3,596 SF

Payment Calculator

$17,122 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,690

Property Taxes

$1,432

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1944 East 4th Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $218,400
  • Net Operating Income: $160,161
  • Current Financing: Other
Expense Details
  • Operating Expense: $58,239
  • Insurance Expense: $2,860
  • Professional Management Expense: $13,104
  • Other Expense: $1,200
  • Water Sewer Expense: $4,200
  • Real Estate Tax Expense: $36,875
Tax / Assessment Info
  • Tax Annual Amount: $36,875
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air
Exterior Features
  • Roof: Flat
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre
  • Land Use: Multi-Family, Retail
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,680
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,500
  • Unit Type Type: 4
  • Unit Type Description: Owner Occupied- Proform listed
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $6,200
  • Unit Type Area: 2000
  • Unit Type Type: 5
  • Unit Type Description: Salud Juice Bar & Cafe
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $2,300
  • Unit Type Area: 800
  • Unit Type Type: 6
  • Unit Type Description: Fatimas Grill
Unit Information
  • Number Of Units Leased: 6
  • Number Of Buildings: 1

Property History for 1944 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 1944 East 4th Street

Taxable ValueLand$294,561Additions$920,239Total$1,214,800
Tax Record2023$17,187 ($1,432 / month)
Home Facts
Total Finished SqFt5,817 SqFtAbove Grade Finished SqFt5,817 SqFtStories1Lot Size3,596 SqFtStyleOffice BuildingYear Built1928ZoningLBCNRCountyLOS ANGELESAPN7275-017-008

Schools near 1944 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.

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1944 East 4th Street is a mixed use property for sale in Long Beach, CA 90802. This property was listed for sale on October 18, 2023 by Sage Real Estate, it's currently listed at $2,875,000. It has been on the market for a total of 193 days and was last sold on August 7, 2012. 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. 1944 East 4th Street is a 0-bed, 0-bath, 5,817 sqft mixed use property built in 1928.

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 Sage Real Estate, Juan Huizar, DRE #01417642; Coldwell Banker Commercial, Sheva Hosseinzadeh, DRE #01922147

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.