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3627 4th Street

Long Beach, CA 90814

$1,760,000 Sale Price
Est. Payment: $ 0/mo
6
Bed
0
Bath
4,000 Sq. Ft.
$438 / Sq. Ft.
Sold

3627 4th Street

Long Beach, CA 90814

Sold
$1,760,000 Sale Price
$0/mo
6
Bed
0
Bath
4,000
Sq. Ft.
We are pleased to present this incredible value-add opportunity in a prime Long Beach location, 3627 E 4th St Long Beach, CA 90814. This property sits on a 6,500+ square foot lot, and is located in one of Long Beach's most sought-after neighborhoods, Belmont Heights. The building currently consists of two 1 bed/1 bath and two 2 bed/1 bath units. This offering allows the possibility for a savvy investor to add ADU's in the rear of the property, for additional income. Not taking into the account the addition of ADU's, 3627 E 4th St currently offers 14% upside in net operating income, upon leasing out all of the units at market rents. The property has recently received new copper plumbing, electrical upgrades, and $50,000 worth of exterior renovations. This investment property is truly a gem, as it has been well taken-care-of, resides in a remarkable location, has development potential, and offers the opportunity for an investor to realize more than 14% in upside
PROPERTY INFORMATION
MLS # PW23139703 Lot Size 6,504 Sq. Ft.
HOA Fees $0/Monthly Property Type Quadruplex
Price $ 1,750,000
Price Per SqFt: $ 438
DOM 650 Days
Address 3627 4th Street Type Residential Income
City Long Beach Sq.Ft. 4,000 Sq. Ft.
Postal Code 90814 Garage 4
County Los Angeles Year Built 1924
Bed / Bath 6 / 0 Parking 4
Built In 1924 Status Closed
Sold Date 2023-09-12
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Common Area
EntryLocation 3627 E 4th St
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,867
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
07/28/2023 Listed $1,750,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Shane Young, Younglewin Advisors, Inc.. 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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