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1944 E 4th St, Long Beach, CA 90802
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1944 E 4th St Long Beach, CA 90802

$2,875,000
  • 6 Beds
  • 4 Baths
  • 5,817 Sq.Ft.
For Sale
$2,875,000 Get Pre-Qualified
Map preview of 1944 E 4th St, Long Beach, CA 90802

Property Overview: 1944 E 4th St Long Beach, CA has 6 bedrooms, 4 bathrooms, 5,817 living square feet and 3,596 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: Property is a multi-tenant mixed use property with retail on the ground floor and residential located directly above with approximately 5,817 SF on approximately 3,596 SF of land. The retail tenants include the popular Salud Juice Bar & Café and Fatimas Grill. The upstairs includes 4 residential tenants. The property is in the high traffic corridor of 4th Street in what is dubbed “Retro Row. This corridor is vibrant and has a creative spirit of the Long Beach culture. Stretching between Cherry and Junipero, the district is home to an exciting group of 40+ independent merchants. Kitchy and hip and always hospitable, 4th Street features vintage & contemporary clothing, furniture & accessories, art, antiques & collectibles, books, roller skates & skateboards as well as locally owned restaurants, coffee shops and wine bars. Adding to the retro vibe of the street is the restored 1920’s Art Theatre, which hosts a mix of first run and art films, live concerts & comedy, and other unique events. 4th Street is one of the few designated bike-friendly business districts in the city and has been featured in the pages of the New York Times as well as New York, Sunset, and Los Angeles magazine.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Co-listed by Sheva Hosseinzadeh | BRE #01922147 | Coldwell Banker Commercial
Last checked: 5 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 52
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Home details

Lot Sq. Ft
3,596
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24047629
City
Long Beach
County
Los Angeles
Time on Site
58 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,680
  • Total Rent: $1,680
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,400
  • Total Rent: $6,400
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $218,400
  • Net Operating Income: $160,161
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $58,239
  • New Taxes: $36,875
  • Trash: $0
  • Insurance: $2,860
  • Professional Management: $13,104
  • Water/Sewer: $4,200
  • Other Expenses: $1,200

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Property Details for 1944 E 4th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Room Information
  • All Bedrooms Up
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 7275017008
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: On the corner of Cherry Ave. and 4th St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 1944 E 4th St

View property's historical transactions

  • March, 2024

  • Mar 8, 2024

    Date

    Active

    CRMLS: PW24047629

    $2,875,000

    Price

Tax History for 1944 E 4th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1944 E 4th St is listed 259.42% 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 $494.24 per/sqft which puts the price per square foot 23.25% lower than the median price per square foot for the city of Long Beach.

About 1944 E 4th St

Detailed summary of property

1944 E 4th St is a mixed use located in Long Beach, CA 90802 and is currently for sale. This mixed use property offers 6 bedrooms, 4 bathrooms, roughly 5,817 living square feet, and sits on an approximately 3,596 square foot lot. 1944 E 4th St was first listed on ArdentRealEstateGroup.com on March 8, 2024. The homeowner is currently asking $2,875,000. 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 259.42% higher than the median priced home. Local competing homes currently for sale include 820 Lime Ave, 3312 E 2nd St and 4130 E 10th St. While the average home in Long Beach, CA is selling in 54 days, 1944 E 4th St has a days on market of 52 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 1944 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 1944 E 4th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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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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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