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Listed by: Matthew Firth (562) 760-9447 DRE #01903073 | Matthew Firth, Broker (562) 760-9447
$7,400,000
10 Beds
- 19 Baths
--sqft
1827 E 4Th St, Long Beach, CA 90802
$7,400,000
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Apartment
Built in 2025
$-- HOA
8,767 sqft lot
--/sqft
Description
Introducing Pike Manor in the heart of Retro Row, one of Long Beach’s most dynamic and supply-constrained coastal neighborhoods.
Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional assets. The property is 100% leased to a high-credit tenant base and operates at a 5.13% CAP rate at approximately $487 per sf, a basis significantly below replacement cost for comparable new coastal construction.
Pike Manor has undergone an extensive top-to-bottom redevelopment, including 100% al...
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
Year Built
2025
HOA Fees
-
Finished Area
- sqft
Lot Size
8,767 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26023461
MLS Status
Active
Days on Market
63
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