4133 East Mendez Street
Description
Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including:
Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers. Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard,...Investor’s Dream Opportunity – Seasoned or First-Time Multifamily Buyers
Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including:
Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers. Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room. Parking & Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately. Don’t miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details! Unit 1: 3 bed, 2, bath, approximately 1300 sf
Unit 2: 2 bed 2 bath, approximately 1000 sf
Unit 3: 2 bed 1 bath, approx 900 sf
Unit 4: 2 bed, 1 bath, approx 1100 sf
Each unit has a detached 1 car garage. All units are currently occupied on month-to-month leases.
- Listed by Bryn Hutchinson • DRE #01323890 • Brokerage DRE #01891031 • Re/Max Property Connection • 949-412-0882
Property Details for 4133 East Mendez Street
Property Details for 4133 East Mendez Street
| Status | Active |
|---|---|
| MLS # | OC24232104 |
| Days on Market | 18 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1963 |
| Lot Size | 0.14 AC / 5,979 SF |
| County | Los Angeles County |
Building Information for 4133 East Mendez Street
Property Information for 4133 East Mendez Street
- Tenant Pays: Cable TV, Gas
- Gross Income: $79,824
- Gross Scheduled Income: $83,400
- Gross Operating Income: $83,400
- Net Operating Income: $62,121
- Number Of Rented Garages: 0
- Laundry Income: $1,248
- Operating Expense: $17,683
- Gardener Expense: $1,884
- Fuel Expense: $0
- Pest Control Expense: $750
- Electric Expense: $2,708
- Insurance Expense: $5,356
- Professional Management Expense: $5,855
- Other Expense: $8,769
- Other Expense Description: CAP ex
- Trash Expense: $1,884
- Water Sewer Expense: $1,308
- Total Expenses: $17,683
- Tax Tract Number: 26476
- Tax Census Tract: 5750.01
- CFD/Mello-Roos Fee: $964
- Tax Lot: 14
- Accessibility Features: None
- Disability Access: None
- Assessments YN: No
- Assessments: None
- Community Features: Curbs, Sidewalks, Street Lights
- Appliances: Convection Oven, Disposal
- Equipment: Laundry Area
- Interior Features: Ceiling Fan(s)
- Laundry: Yes
- Laundry Features: Common Area
- Laundry Equipment Own Lease: Own
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall
- Heating: Wall Furnace
- Flooring: Carpet, Laminate
- Window Features: Skylight(s)
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Construction Materials: Stucco, Wood Siding
- Exterior Construction: Stucco, Wood Siding
- Exterior: Stucco, Wood
- Exterior Features: Rain Gutters
- Roof: Composition
- Entry Location: ground
- Fence: Yes
- Fence: Wood
- Fencing: Block, Wood
- Foundation Details: Slab
- View Description: None
- Waterfront Features: Ocean Side of Freeway
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Two
- Water: Public
- Sewer: Sewer Paid
- Sewer/Septic: Sewer Connected
- Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
- Electric: Cable Available, Electricity Available, Sewer Connected, Water Available
- Water Source: Public
- Garage Spaces: 4
- Parking: Yes
- Parking Garage: Garage
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Parking Features: Garage
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,080
- Unit Type Total Rent: $2,080
- Unit Type Pro Forma: 4000
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,375
- Unit Type Total Rent: $1,375
- Unit Type Pro Forma: 2900
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,600
- Unit Type Total Rent: $1,600
- Unit Type Pro Forma: 2700
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,895
- Unit Type Total Rent: $1,895
- Unit Type Pro Forma: 2700
- Unit Type Type: 4
- Number Of Units Leased: 4
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Number With Dishwasher: 0
- Number With Range: 4
- Number With Carpet: 4
- Number With Disposal: 4
- Number With Drapes: 0
- Number With Patio: 0
- Number Wall AC: 2
Property History for 4133 East Mendez Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4133 East Mendez Street
Schools near 4133 East Mendez Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Bixby Elementary School PublicK to 5 | ||
Stanford Middle School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Select Community Day (Secondary) School Public7 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.
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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Re/Max Property Connection, Bryn Hutchinson, DRE #01323890
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.