1944 East 4th Street

Long Beach, CA 90802

$2,490,000
Price
4
Beds
7
Baths
5,817 Sq. Ft.
$428 / Sq. Ft.
5,817
Sq. Ft.
$428
per Sq. Ft.

Description

Heart of hip Retro Row Fourth Street just blocks from the Beach! Priced by out-of-state Seller for seamless sale. Beautifully restored 2-story mixed-use hard corner Cherry and 4th. Multiple cherished longtime tenants. 4 Loft-like spacious high ceilings Residential upstairs and 2 high profile Commercial on the ground floor. Long Beach suddenly top 3 traded markets nationally! No better property or neighbourhood than this! Across the street from Alder and Sage Restaurant among countless other local...Heart of hip Retro Row Fourth Street just blocks from the Beach! Priced by out-of-state Seller for seamless sale. Beautifully restored 2-story mixed-use hard corner Cherry and 4th. Multiple cherished longtime tenants. 4 Loft-like spacious high ceilings Residential upstairs and 2 high profile Commercial on the ground floor. Long Beach suddenly top 3 traded markets nationally! No better property or neighbourhood than this! Across the street from Alder and Sage Restaurant among countless other local landmarks!
  1. Listed by Scott Howard • DRE #01123316 • Brokerage DRE #01269474 • Keller Williams Realty Los Feliz
  2. Listed by Korinna Sehringer • DRE #01968510 • Brokerage DRE #01269474 • Keller Williams Realty Los Feliz

Property Details for 1944 East 4th Street

Zoning
LBCNR
Parcel Number
7275017008
Total Units
6.0
Living Area
5817
Source Living Area
Assessor
Area
Downtown Area, Alamitos Beach (4)
Vacancy Rate
16%
Lot Size Area
3596
LISTING UPDATED: 10/30/2024 07:38 PM

Property Details for 1944 East 4th Street

StatusActive
MLS #24-412093
Days on Market135
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.08 AC / 3,596 SF
CountyLos Angeles County

Building Information for 1944 East 4th Street

Stories2Residences-Year Built1928Building Size-Lot Size0.08 AC / 3,596 SF

Property Information for 1944 East 4th Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Retail
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $236,700
  • Net Operating Income: $211,500.00
  • Gross Income: $19,725
  • Cap Rate: 8.49%
  • Gross Rent Multiplier: $10.50
  • Total Annual Expense: 25200
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0825
  • Lot Size Square Feet: 3596
Parking Details
Parking Details
  • Parking Garage: Other, On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-08-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 7
  • Unit Furnished: No
  • Unit Rent: $1.00
  • Unit Actual Rent: $1.00
  • Unit Projected Rent: $1.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $920,239.00
  • Assessed Improvement Percent: 75.75
  • Assessed Land Value: $294,561.00
  • Assessed Land Percent: 24.25
  • Assessed Total Value: $1,214,800.00

Property History for 1944 East 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1944 East 4th Street

Taxable ValueLand$300,452Additions$938,643Total$1,239,095
Tax Record2024$17,511 ($1,459 / month)
Home Facts
Total Finished SqFt5,817 SqFtAbove Grade Finished SqFt5,817 SqFtStories1Lot Size3,596 SqFtStyleOffice BuildingYear Built1928ZoningLBCNRCountyLOS ANGELESAPN7275-017-008

Schools near 1944 East 4th Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Burbank Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1944 East 4th Street is a multi-family home for sale in Long Beach, CA 90802. This property was listed for sale on July 7, 2024 by Keller Williams Realty Los Feliz, it's currently listed at $2,490,000. It has been on the market for a total of 135 days and was last sold on August 7, 2012. This listing's school district is Long Beach Unified School District. Nearby schools include Burbank Elementary School, Franklin Classical Middle School and Polytechnic High School. 1944 East 4th Street is a 4-bed, 7-bath, 5,817 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Los Feliz, Scott Howard, DRE #01123316; Keller Williams Realty Los Feliz, Korinna Sehringer, DRE #01968510

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.