3514 E 4th, Long Beach, CA 90814
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3514 E 4th,Long Beach, CA 90814
$1,100,000
- - Beds
- - Baths
- 2,848 sq. ft.
- Multi-family
- Active
Listed by: robert stepp
Office: keller williams realty downey562-334-1500
MLS#:PW26215302
Source:CRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$386.24
About this home
3514 E. 4th Street is a charming four-unit multifamily property ideally positioned along Long Beach’s highly desirable 4th Street / Retro Row corridor. Built in 1930, the property offers distinctive vintage character and consists of four oversized 1BD/1BA units averaging approximately 712 square feet. The property is offered at $1,100,000, equating to an attractive $275,000 per unit, with a current 5.52% cap rate. The asset benefits from strong in-place rents and a stable renter profile, providing immediate cash flow with limited reliance on future rent growth. Current rents average approximately $1,833 per unit, compared with an average of $1,915 among the selected rent comparables. With three of the four units already achieving $1,845 per month, the property offers an established income stream while retaining modest additional rental upside. Located east of Redondo Avenue in the heart of the 4th Street / Retro Row area, 3514 E. 4th Street offers residents walkable access to an extensive collection of restaurants, shops, and neighborhood amenities. The combination of a highly desirable Long Beach location, oversized units, strong existing rents and a sub-$300,000- per-unit basis presents a compelling opportunity to acquire a well- positioned four-unit asset in one of the city’s most established rental markets....
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Home facts
- Year built:1930
- Subdivision & Development:Belmont Heights (BH)
- Listing ID #:PW26215302
- Added:2 day(s) ago
- Updated:October 05, 2026 at 10:59 AM
Rooms and interior
- Living area:2,848 sq. ft.
Structure and exterior
- Year built:1930
- Building area:2,848 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$386.24
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