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1711 E 4Th St, Long Beach, CA 90802
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1711 E 4Th St Long Beach, CA 90802

$1,600,000
  • 8 Beds
  • 9 Baths
  • 7,700 Sq.Ft.
For Sale
$1,600,000 Get Pre-Qualified
Map preview of 1711 E 4Th St, Long Beach, CA 90802

Property Overview: 1711 E 4Th St Long Beach, CA has 8 bedrooms, 9 bathrooms, 7,700 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1711 - 1715 East 4th Street is a 4-unit plus commercial space, mixed-use investment opportunity located in Long Beach, CA. 1711 - 1715 East 4th Street features 4, two-bedroom apartment units, each with 2 bathrooms, and an approximately 3,500 square foot showroom/office space. This commercial space is available to an Owner/ User with a wide variety of uses. The property represents a unique value-add opportunity with ample upside. Additionally, current ownership has invested significant capital into the refurbishment of the showroom space, which offers a plethora of possible user scenarios.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 16 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
OC24040161
City
Long Beach
County
Los Angeles
Time on Site
66 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.78%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $127,140
  • Net Operating Income: $76,408
  • Gross Operating Income: --
  • Vacancy Allowance: $3,814
Annual Expense Breakdown
  • Total Operating Expense: $46,918

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Property Details for 1711 E 4Th St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Total # of Units: 5
  • Parcel Number: 7266020002
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Street of East 4th Street & Gaviota Avenue
View more facts & features

Local Long Beach Agent

Sale History for 1711 E 4Th St

View property's historical transactions

  • February, 2024

  • Feb 27, 2024

    Date

    Active

    CRMLS: OC24040161

    $1,800,000

    Price

Tax History for 1711 E 4Th St

Assessed Value (2020): $344,119
Year Land Value Improved Value Assessed Value
2020 $182,077 $162,042 $344,119

Home Value Compared to the Market

This property vs the competition

1711 E 4Th St is listed 100.03% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $207.79 per/sqft which puts the price per square foot 67.73% lower than the median price per square foot for the city of Long Beach.

About 1711 E 4Th St

Detailed summary of property

1711 E 4Th St is a mixed use located in Long Beach, CA 90802 and is currently for sale. This mixed use property offers 8 bedrooms, 9 bathrooms, roughly 7,700 living square feet, and sits on an approximately 7,405 square foot lot. 1711 E 4Th St was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner is currently asking $1,600,000 and was originally asking $1,800,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 100.03% higher than the median priced home. Local competing homes currently for sale include 1478 E 92nd St, 8273 S San Pedro and 8801 S Vermont Ave. While the average home in Long Beach, CA is selling in 54 days, 1711 E 4Th St has a days on market of 66 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1711 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 1711 E 4Th St

Public county record property details
Beds
5
Baths
4
Year built
1927
Sq. Ft.
4,200
Lot Size
7,166
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
7266-020-002

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.
$627
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
127
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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Recently Sold Homes Near 1711 E 4Th St

102 Gaviota Ave, Long Beach, CA 90802
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6 Baths
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-- Beds
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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.

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