1827 E 4th Street, Long Beach, CA 90802
Local realty services provided by:ERA North Orange County Real Estate
Listed by: matthew firth
Office: matthew firth, broker562-760-9447
MLS#:PW26023461
Source:CRMLS
Price summary
- Price:$7,400,000
- Price per sq. ft.:$487.87
About this home
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% all new building infrastructure, including plumbing, sewer and water lines, gas lines, electrical systems, subpanels, meters, mechanical systems, roofing, windows, doors, façade improvements, hardscape, and landscaping. The property was rebuilt post-Title 24 standards and was designed to minimize future capital expenditure risk while creating operational efficiency through separate gas and electric metering, rooftop solar, drought-tolerant landscaping, and high-efficiency systems throughout.
All units feature premium modern interiors with quartz countertops, European-style cabinetry, designer fixtures, Energy Star appliances, plank flooring, in-unit washer/dryers, all new windows, oversized walk-in closets, and designer coastal finishes curated to attract Long Beach’s growing professional tenant demographic. Several units feature oversized layouts, vaulted ceilings, bay windows, and unique architectural details rarely found in newer multifamily products.
The asset also includes seven garage parking spaces, newly constructed garage structures with mechanized doors, & private resident storage lockers in the basement, amenities that are increasingly rare and highly valued in dense coastal markets like Long Beach.
In addition to durable, stabilized current income, the property offers a substantial tax advantage through accelerated depreciation. A completed cost segregation study projects approximately $2.37M in depreciation within the first five years of ownership, creating significant sheltering potential for investors seeking tax-efficient cash flow.
Situated just blocks from the Pacific Ocean & Bluff Park, Pike Manor blends essentially new construction quality with the character and walkability that define this highly coveted pocket of Long Beach....
Contact an agent
Home facts
- Year built:2025
- Listing ID #:PW26023461
- Added:47 day(s) ago
- Updated:July 06, 2026 at 11:09 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Disposal, Freezer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator
- Living area:15,168 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Natural Gas, Wall Furnance
Structure and exterior
- Year built:2025
- Building area:15,168 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Near Public Transit
- Architectural Style:Spanish
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$7,400,000
- Price per sq. ft.:$487.87
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Freezer, Washer
- Laundry features:Dryer, Washer
- Amenities:All Bedrooms Down, Ceiling Fans, High Ceilings, Open Floor Plan, Quartz Counters, Recessed Lighting, Storage
Parking
- Total parking spaces:8
- Parking description:Controlled Entrance
- Garage:Yes
- Garage spaces:8
New listings near 1827 E 4th Street
- New
$1,295,000Active4 beds 2 baths1,676 sq. ft.4432 Stanbridge, Long Beach, CA 90808
MLS# PW26145889Listed by: KELLER WILLIAMS COASTAL PROP. - New
$499,000Active2 beds 1 baths859 sq. ft.2645 Jefferson Street, Long Beach, CA 90810
MLS# CV26142996Listed by: THE FOSTER COMPANY - New
$1,299,000Active3 beds 2 baths1,695 sq. ft.2267 Stearnlee Ave, Long Beach, CA 90815
MLS# RS26130088Listed by: T.N.G REAL ESTATE CONSULTANTS - Coming SoonOpen Thu, 10am to 1pm
$369,000Coming Soon1 beds 1 baths1015 E Ocean Boulevard #12, Long Beach, CA 90802
MLS# PW26141277Listed by: COMPASS - New
$1,050,000Active2 beds 3 baths1,316 sq. ft.5535 E Mezzanine Way E, Long Beach, CA 90808
MLS# PW26145711Listed by: FIRST TEAM REAL ESTATE - New
$515,000Active2 beds 2 baths892 sq. ft.555 Maine #130, Long Beach, CA 90802
MLS# RS26145597Listed by: BROWN HOUSE REALTY - Coming Soon
$699,000Coming Soon2 beds 1 baths6631 Olive Avenue, Long Beach, CA 90805
MLS# 26853895Listed by: LPT REALTY, INC - New
$468,000Active2 beds 2 baths843 sq. ft.1100 Euclid #113, Long Beach, CA 90804
MLS# PW26142674Listed by: TAULER HUGHES CALIFORNIA REALTY - Open Tue, 10:30am to 12pmNew
$1,199,000Active3 beds 2 baths1,650 sq. ft.2114 Ostrom, Long Beach, CA 90815
MLS# PW26079092Listed by: FIRST TEAM REAL ESTATE - Open Sat, 11am to 2pmNew
$1,199,999Active-- beds -- baths3,906 sq. ft.1216 E 56th, Long Beach, CA 90805
MLS# DW26145351Listed by: CIRCLE REAL ESTATE