425 W 4th,
Long Beach, CA 90802
在售房 $1,600,000 ($160萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

3206 平方英呎
(298平方米)

1920 年

無

3

1 停車位

2026年10月13日
已上市 27 天

地產編號: PW26218881
所處郡縣: LA
面積單價:$276.05/sq.ft ($2,971 / 平方米)
房屋簡介

Welcome to 425 W 4th St, a well preserved 1920s multifamily property in the historic Willmore City neighborhood of Downtown Long Beach. The building blends vintage character with modern upgrades. It offers oversized one bedroom units of approximately 800 SF, each with a large double door walk in closet suitable for storage, a home office, or flex space. Original built ins, distinctive architectural moldings, and beautifully refinished original hardwood floors give the units a charm that is hard to find in today's rental market. Most units have been upgraded with modern kitchens and baths featuring quartz countertops and new tile, and select electrical and plumbing improvements have also been completed. Each unit includes its own washer and dryer, which is rare for vintage downtown product. The property has a 92 Walk Score and sits three blocks from the ocean. It is close to the new courthouse, parks, dining, transit, and major freeways, within a submarket with low vacancy and consistent tenant demand. It offers approximately a 6% current cap rate with an estimated 20% rental upside, giving investors stable cash flow and meaningful room for income growth.

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