Long Beach, CA 90802,1625 E 4th ST
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Long Beach, CA 90802,1625 E 4th ST
Long Beach, CA 90802,1625 E 4th ST
Long Beach, CA 90802,1625 E 4th ST
Long Beach, CA 90802,1625 E 4th ST

$1,400,000

Est. payment /mo

$1,499,500

6.6%
Est.Price: ?

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1625 E 4th ST Long Beach, CA 90802

6,616 Sqft Lot

SOLD DATE : 01/13/2021

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW20220933

Sold Date 01/13/21

HOA Y/N No

Year Built 1923

Lot Size 6,616 Sqft

Property Description

Well priced and well located 6 unit property located in Alamitos Beach, only a few blocks from the infamous 4th Street Retro Row. The 6 unit property is comprised of 3 separate structures on a large 6,618 SF Lot. The front structure is a 1,072 SF 3bed/1bth Craftsman home. The middle structure is 1,980 SF and made up of a 4 studio units, two on the first floor and two on the second floor. Approximately 500 SF each. The rear structure is comprised of a large, approx. 1300 SF 2bd/1bth unit over 3 single car garages. Building is separately metered for gas and electricity. Same owner for 40+ years. Front house and some of the studios have been lightly remodeled in the last year. Property needs a little TLC. Upside in the rents and amazing location! Don't miss this great investment opportunity in a dense rental market with low vacancy rate and strong income.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBCNR

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7266019025

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Trade

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Spencer Pabst • Pabst, Kinney & Associates
Bought with Cameron Jacques • Kinnery's Brokerage House

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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