SOLD
$1,200,000
Date 06/01/2023

1427 E 4th Street
Long Beach, CA 90802

Fourplex
Residence
5,065
Sqft
0.0677
Lot Size
Listing Agent: Brett Lyon CalDRE: 01717818 - Lyon Stahl Investment Real Estate, Inc.

Description for 1427 E 4th Street Long Beach, CA 90802

1427 E 4th Street is a well-positioned mixed-use property in Long Beach. Built in 1929, the existing 5,065 SF building features (1) commercial unit downstairs and (4) studio units upstairs. The downstairs commercial space can be adapted to split between (2) tenants and features (2) large storage rooms, (2) bathrooms, (2) meeting rooms and an office. All (4) upstairs studio units are equipped with full kitchens. With a 5.55% market cap, this property is a unique opportunity for any investor or owner-user looking to capitalize on mixed use potential and a value-add proposition in the rapidly gentrifying Long Beach Area.

Property Details

PW23054971
Fourplex, Other
Los Angeles
1929
0.0677 Acres
Public
Public Sewer
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Listing Agent: Brett Lyon CalDRE: 01717818 - Lyon Stahl Investment Real Estate, Inc.
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