1710 E 4Th St, Long Beach, CA 90802
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1710 E 4Th St Long Beach, CA 90802

$1,380,000 Sold Price as of 05/20/2022
  • 5 Beds
  • 5 Baths
  • 2,397 Sq.Ft.
Sold
$1,380,000 Sold Price as of 05/20/2022 Refinance Your Mortgage

Map preview of 1710 E 4Th St, Long Beach, CA 90802

Property Overview: 1710 E 4Th St Long Beach, CA has 5 bedrooms, 5 bathrooms, 2,397 living square feet and 5,563 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1710 E 4th Street is a 4-unit building that is situated on a 5,563 Square foot lot. The subject property is composed of (1) 2 bedroom and 1 bath house (built 1923), (2) 1 bedroom and 1 bath units (built 1953), (1) studio attached to the front house, and (1) 1 bedroom and 1 bath non conforming ADU. Each 1 bedroom unit is approximately 600 square feet each, the front house is about 1,000 square feet, and the studio is about 300 square feet. There are (2) double garages below the 1 bedroom units. Gas & electric are individually metered paid by the tenants and the owner pays for water and trash. Value Add Opportunity Along with the 15% potential upside in rents, one of the two car garages in the back has been converted into a 1-bed/1-bath unit. It has electrical, plumbing, bedroom, bathroom, shower, and a kitchen. This converted unit is currently not being rented. The studio can also be converted into a 1-bed/1-bath unit. The on-site coin laundry room is currently inside a bedroom once connected to the studio, but is now closed off. If both units are legally converted they will add about $2,000/month in additional income.

Listed by John McCann | BRE #01963932 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 10 minutes ago | Last updated: May 21st, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
5,563
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
22128345
City
Long Beach
County
Los Angeles
Time on Site
811 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.55
  • Gross Scheduled Income: --
  • Net Operating Income: $52,060
  • Gross Operating Income: $75,893
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1710 E 4Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Two Door, Street
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 7275016016
  • Architectural Style: Craftsman
Location / Neighborhood
Location Information
  • Directions: When traveling on I-710, exit on Pacific Coast Hwy and head East. Continue on Pacific Coast Hwy to Cherry Ave and head South towards the water. From Cherry Ave turn onto 4th St and head West. The property will be located on the South side of 4th St, in-between Rose Ave & Gaviota Ave.
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Sale History for 1710 E 4Th St

Last sold for $1,380,000 on May 20th, 2022
  • May, 2022

  • May 20, 2022

    Date

    Sold

    CRMLS: 22128345

    $1,380,000

    Price

  • Feb 21, 2022

    Date

    Active

    CRMLS: 22128345

    $1,295,000

    Price

  • July, 2021

  • Jul 29, 2021

    Date

    Leased

    CRMLS: PW21158104

    $1,495

    Price

  • Jul 28, 2021

    Date

    Active

    CRMLS: PW21158104

    $1,495

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 2nd story apartment located just 4 blocks away from the beach! This property is right on 4th street and is surrounded by tons of great local restaurants. This property has on-site laundry and a tranquil backyard common area for all the tenants. To view this property you must schedule an appointment. No pets allowed. We do not advertise on Craigslist or Facebook Marketplace. Lockbox code issued only after security questions are all answered and a copy of photo ID provided.

  • July, 2021

  • Jul 29, 2021

    Date

    Leased

    CRMLS: PW21145193

    $1,295

    Price

  • Jul 27, 2021

    Date

    Hold

    CRMLS: PW21145193

    $1,395

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: PW21145193

    $1,395

    Price

  • Listing provided courtesy of CRMLS

    Beautiful studio apartment located right in the heart of Long Beach off of 4th St. Just a short drive to the beach and is surrounded by great local restaurants this is the place to be. We will be adding a brand new stove to this unit. This property has on-site laundry and a tranquil backyard common area for all the tenants. To view this property you must schedule an appointment.

  • June, 2016

  • Jun 22, 2016

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

  • June, 2016

  • Jun 22, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1710 E 4Th St

Assessed Value (2020): $790,174
Year Land Value Improved Value Assessed Value
2020 $324,729 $465,445 $790,174

Home Value Compared to the Market

This property vs the competition

1710 E 4Th St sold on May 20, 2022 for 61.88% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $540.26 per/sqft which puts the price per square foot 14.52% lower than the current median sale per square foot for the city of Long Beach.

About 1710 E 4Th St

Detailed summary of property

1710 E 4Th St is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 2,397 living square feet, and sits on an approximately 5,563 square foot lot. 1710 E 4Th St was first listed on ArdentRealEstateGroup.com on February 21, 2022. The homeowner sold the property for $1,380,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 61.88% higher than the current median priced home. Local homes that are currently for sale include 204 Mira Mar Ave, 3915 E 11th St and 1967 Atlantic Ave. While the average home in Long Beach, CA is selling in 51 days, 1710 E 4Th St has a days on market of 30 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 1710 E 4Th St Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1710 E 4Th St

Public county record property details
Beds
8
Baths
6
Year built
1953
Sq. Ft.
2,397
Lot Size
5,563
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7275-016-016

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
133
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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Related Resources to 1710 E 4Th St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.