Long Beach, CA 90802 1625 E 4th Street

Sold: Jan 13, 2021
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Presented By: Spencer Pabst with Pabst, Kinney & Associates;
  • MLS# PW20220933
  • 10/19/2020
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 6
  • GarageGarage • 3

Home Details

Well priced and well located 6 unit property located in Alamitos Beach, only a few blocks from the infamous 4th Street Retro Row. The 6 unit property is comprised of 3 separate structures on a large 6,618 SF Lot. The front structure is a 1,072 SF 3bed/1bth Craftsman home. The middle structure is 1,980 SF and made up of a 4 studio units, two on the first floor and two on the second floor. Approximately 500 SF each. The rear structure is comprised of a large, approx. 1300 SF 2bd/1bth unit over 3 single car garages. Building is separately metered for gas and electricity. Same owner for 40+ years. Front house and some of the studios have been lightly remodeled in the last year. Property needs a little TLC. 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.
Presented By: Spencer Pabst with Pabst, Kinney & Associates;

Interior Features for 1625 E 4th Street

Bedrooms

1st Bedroom Area Unit TypeSquare Feet
2nd Bedroom Area Unit TypeSquare Feet
3rd Bedroom Area Unit TypeSquare Feet

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone
Laundry Y/NNo
Studio Area Unit TypeSquare Feet

General for 1625 E 4th Street

Additional Parcels Y/NNo
Community FeaturesSidewalks
Garage Spaces3
Garage Y/NYes
Land Lease Y/NNo
Listing AgentSpencer Pabst - BRE#01849377
Listing AgentSpencer Pabst - BRE#01849377
Listing Agent State License01849377
MLS Area4 - Downtown Area, Alamitos Beach
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusClosed
Subdivision NameAlamitos Beach (AB)
TermsCash, Cash to New Loan
Total Actual Rent8560
Total Units6
Water Sewer Expense0
ZoningLBCNR

Exterior for 1625 E 4th Street

Lot Size Acres0.15
Lot Size Area6618
Lot Size SourceAssessor
Lot Size Square Feet6618
Lot Size UnitsSquare Feet
Number of Buildings3
Number of Separate Electric Meters7
Number of Separate Gas Meters6
Number of Separate Water Meters2
Total Parking3
Water SourcePublic
1527188455

First Team Client Services

Price $1,499,500
MLS#PW20220933
List Date 10/19/2020
Property Type Income
Phone 714.964.3311
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