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1244 4th Street

Long Beach, CA 90802

$3,450,000 Sale Price
Est. Payment: $ 0/mo
8
Bed
0
Bath
9,765 Sq. Ft.
$358 / Sq. Ft.
Sold

1244 4th Street

Long Beach, CA 90802

Sold
$3,450,000 Sale Price
$0/mo
8
Bed
0
Bath
9,765
Sq. Ft.
1244 E. 4th Street is a 14-unit apartment asset in vibrant Retro Row neighborhood of Long Beach. The property is offered at 11.36 GRM and 5.78% Cap Rate on current rents. The property is comprised of (2) three- bedroom units; (3) two-bedroom units and (9) one-bedroom units. Thirteen of the 14 units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. Double-paned windows are featured throughout the building, and (6) garages onsite provide the opportunity for garage income or the potential for additional rental income through conversion to ADUs. The property is located in prime Retro Row, walking distance from shopping, dining and nightlife amenities.
PROPERTY INFORMATION
MLS # PW23183807 Lot Size 8,946 Sq. Ft.
HOA Fees $0/Monthly Property Type Commercial/Residential
Price $ 3,495,000
Price Per SqFt: $ 358
DOM 638 Days
Address 1244 4th Street Type Residential Income
City Long Beach Sq.Ft. 9,765 Sq. Ft.
Postal Code 90802 Garage 6
County Los Angeles Year Built 1962
Bed / Bath 8 / 0 Parking 6
Built In 1962 Status Closed
Sold Date 2024-10-08
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Inside
EntryLocation 1
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $3,728
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/08/2024 Sold $3,450,000
04/30/2024 Pending $3,495,000
04/01/2024 Active Under Contract $3,495,000
03/28/2024 Price Change $3,495,000 (-2.78%)
02/14/2024 Price Change $3,595,000 (-1.51%)
11/06/2023 Price Change $3,650,000 (-6.29%)
10/02/2023 Listed $3,895,000
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Listing provided courtesy of Robert Stepp, Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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