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1244 4th Street
Long Beach, CA 90802
Sold
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 | 667 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
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,728
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
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 |
Topfind Realty
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(844)-333-8033
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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.
