1445 E 4th Street, Long Beach, CA 90802 | MLS PW15202802 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

1445 E 4th Street,  Long Beach CA, 90802

19,799 sqft
Status: Sold
MLS#: PW15202802
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Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: Marcus & Millichap
Last Updated: 12/9/2016 12:09 AM
Description for 1445 E 4th Street Long Beach, CA 90802
We are pleased to present the 32-unit apartment complex located at 1445 East 4th Street in Long Beach, California. The property is located in a strong rental market just blocks from Retro Row, a vibrant and creative neighborhood home to an exciting group of more than 40 independent merchants. Adding to the retro vibe of the street is the restored 1920’s Art Theatre, which hosts a mix of 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 New York Times as well as New York, Sunset and Los Angeles magazines. Built in 1957, the subject property consists of 19,799 rentable square feet on two parcels with a total lot size of 20,996 square feet. The subject property has two studio/one-bath and 30 one-bedroom/one-bath units and offers 16 parking spots in the rear of the building. Owners enjoy the high demand for rentals in a coastal city of Southern California, while tenants enjoy the luxury of a pool and close proximity to shopping, dining, entertainment and employment in both downtown Long Beach and Belmont Shore.
Price
Sold Price:
$5,300,000
Sold Date:12/01/2015
Alamitos Heights (Ah)
Los Angeles
19,799 (approx)
PW15202802
Closed
Description
We are pleased to present the 32-unit apartment complex located at 1445 East 4th Street in Long Beach, California. The property is located in a strong rental market just blocks from Retro Row, a vibrant and creative neighborhood home to an exciting group of more than 40 independent merchants. Adding to the retro vibe of the street is the restored 1920’s Art Theatre, which hosts a mix of 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 New York Times as well as New York, Sunset and Los Angeles magazines. Built in 1957, the subject property consists of 19,799 rentable square feet on two parcels with a total lot size of 20,996 square feet. The subject property has two studio/one-bath and 30 one-bedroom/one-bath units and offers 16 parking spots in the rear of the building. Owners enjoy the high demand for rentals in a coastal city of Southern California, while tenants enjoy the luxury of a pool and close proximity to shopping, dining, entertainment and employment in both downtown Long Beach and Belmont Shore.
Listing Information
Property Type: Cluster, 2 Story
0.48 Acres 19,799 (approx) 1957
2
Alamitos Heights (Ah)
Public Water Service
32 Total
Neighborhood
Room Information
Exterior / Lot Features
16 Parking Spaces
Pool
Community Pool
Sidewalks, Curbs Walk
Community Features
Community Pool
Financial Considerations
7266018237
$389,184 Income ,$141,896Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90802 has a population of 463,589.

The median household income in Long Beach, California 90802 is $52,900. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Long Beach 90802 is 33.2 years.

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Courtesy: Marcus & Millichap Kevin King
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