Seller represented by:
Eileen Rivera with Ge Dean And Associates

Buyer represented by:
Anthony Walker with Buckingham Investments, Inc

529 W 4th St Long Beach, CA 90802
  • Sold
  • Multi Family · 5 Units

529 W 4th St Long Beach, CA 90802 Get directions

$1,250,000 $328/Sq. ft.
3,812 Sq. ft. 7,487 Sq. ft. Lot
  • Age 121 Years
  • MLS# RS21106381
  • Listed 4 Months 1 Day Ago

Overview

This well priced and well located 4 unit property - currently configured as 5 units - is located in Long Beach, California only a few blocks from the Promenade, Pine Street Eateries, the Convention Center and the Pike outdoor shopping complex. The 5 unit property is comprised of 2 separate structures on a large 7497 SF lot. The front structure is a pre-craftsman house with 3 bedrooms/2bth, built in 1900. The rear building is 1960-era construction and consists of 2 units with 2-Bedroom/1-Bth and 2 units with 1-Bedroom/1-Bth.All units are separately metered for gas and electricity. Front house was upgraded to newer plumbing and electricity in the 2000's. Both structures have newer roofs.This building is located two blocks away from the Long Beach Courthouse and walking distance to World Trade Center Long Beach and DTLB amenities. Tenants have convenient access to freeways as well as shops and restaurants. Coastal Long Beach has high demand and low vacancy rates.The city is currently investing in major redevelopment along with the Long Beach Port which is undergoing a $4 billion development. In addition, the $400 million Deukmajian Court House (Long Beach Courthouse) was completed in 2018. These factors, among many others, make this an excellent opportunity.Upside in the rents and amazing location! Don't miss this great investment opportunity in a dense rental market with low vacancy rate and strong income. Property address: 527 - 529 W 4th Street.

  • Seller represented by:
  • REALTOR ® Eileen Rivera with Ge Dean And Associates
  • Buyer represented by:
  • REALTOR ® Anthony Walker with Buckingham Investments, Inc

Features

Appliances

  • Laundry Features: Community

Land Info

  • Lot Description: 0-1 Unit/Acre
  • Lot Size Acres: 0.1718779
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7487

Garage and Parking

  • Parking Features: Parking YN: Y, Parking Features: Assigned
  • Parking Total: 10

Multi-Unit Info

  • Number of Units: 5

Amenities and Community Features

  • Community Features: Sidewalks

Other Property Info

  • Source Listing Status: Closed
  • County: Los Angeles
  • Source Property Type: Multi-Family
  • Insurance Expense: 2200.00
  • Area: 4 - Downtown Area, Alamitos Beach
  • Source Neighborhood: Willmore District (WM)
  • Parcel Number: 7278026019
  • Postal Code Plus 4: 2177
  • Subdivision: Willmore District (WM)
  • Trash Expense: 1200.00
  • Zoning: LBPD30
  • Source System Name: C2C

Commercial Info

  • Net Operating Income: 22000.00

Building and Construction

  • Total Square Feet Living: 3812.00
  • Year Built: 1900
  • Building Features: 2
  • Common Walls: No Common Walls
  • Property Age: 121
  • Year Built Source: Assessor

Utilities

  • Sewer: Water Sewer Expense: 960.00

Nearby Schools

Rating School Grades Distance
6 Chavez Elementary School K-5 0.2 mi
6 Washington Middle School 6-8 0.9 mi
3 Cabrillo High School 9-12 1.8 mi
NA First Baptist Church Private School K-12 0.6 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Property History for 529 W 4th St

Property Tax

Property Price

Date Event Price Price / Sq ft Source
2021-09-13 Sold - - CRMLS
2021-07-27 Sold - - Public Record
2021-05-18 Listed $1,299,000 $340 CRMLS
2013-10-25 Listing removed $755,000 $198 CRMLS
2013-10-23 Listed $755,000 $198 CRMLS
2013-10-11 Sold - - Public Record
2013-08-03 Listing removed $795,000 $208 CRMLS
2013-06-28 Price Changed $795,000 $208 CRMLS
2013-04-14 Listed $849,000 $222 CRMLS
2010-11-16 Sold - - SoCalMLS
2010-11-08 Sold - - ITECH
2010-09-27 Listed $455,000 $119 ITECH
2010-09-27 Listed $455,000 $119 SoCalMLS
2006-09-12 Listing removed $1,295,000 $339 ITECH
2006-04-11 Listed $1,295,000 $339 ITECH
2001-08-06 Sold - - Public Record
1996-09-05 Sold - - Public Record
1996-07-10 Sold - - Public Record

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.