3011 E 4th Street, Long Beach, CA 90814

Long Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3011 E 4th Street,Long Beach, CA 90814
$2,349,000
  • 15 Beds
  • 9 Baths
  • 6,403 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan swire
Office: the agency424-230-3700
MLS#:26826121
Source:CRMLS

Price summary

  • Price:$2,349,000
  • Price per sq. ft.:$366.86

About this home

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 main electrical panel is 200 AMPS - Buyer to verify. The 3 bedroom unit has a large private patio in the rear of the building. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The...

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Home facts

  • Year built:1963
  • Listing ID #:26826121
  • Added:1 day(s) ago
  • Updated:May 06, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:9
  • Living area:6,403 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1963
  • Building area:6,403 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,349,000
  • Price per sq. ft.:$366.86

Parking

  • Total parking spaces:8
  • Parking description:Assigned
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