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Listed by: Jonathan Swire (310) 948-2631 DRE #01336277 | The Agency (424) 230-3700
$2,349,000
15 Beds
9 Baths
6,403sqft
3011 E 4Th St, Long Beach, CA 90814
$2,349,000
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Multi Family
Built in 1963
$-- HOA
6,753 sqft lot
$367/sq.ft
Description
PRICED TO SELL - 9.7X GRM AND 6.9% CAP AT MARKET RENTS - IN PRIME LONG BEACH. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Located on the East Side of Long Beach close to Belmont Shores and the Traffic Circle. The property is impeccably maintained and professionally managed. Excellent unit mix of 2 and 3 bed units featuring 4 garage spaces in the front of the property (each could be rented for $150 each). Unit interiors are in good condition, but a new owner could choose to upgrade them even further and increase rents to market, approx. 15% above current levels. There is an onsite laundry room. The ma...
Continue Reading- Houzeo last checked: 4 Minutes ago
- Listing updated: May 6, 2026 at 7:19 am
- Source: California Regional MLS-CA | MLS#: 26826121
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
6,403 sqft
Lot Size
6,753 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26826121
MLS Status
Active
Days on Market
23
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