4031 E 4Th St, Long Beach, CA 90814
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4031 E 4Th St Long Beach, CA 90814

$1,650,000 Sold Price as of 08/10/2020
  • 9 Beds
  • 7 Baths
  • 4,600 Sq.Ft.
Sold
$1,650,000 Sold Price as of 08/10/2020 Refinance Your Mortgage

Map preview of 4031 E 4Th St, Long Beach, CA 90814

Property Overview: 4031 E 4Th St Long Beach, CA has 9 bedrooms, 7 bathrooms, 4,600 living square feet and 6,765 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible investment opportunity to own four units in the highly sought after Belmont Heights area. This property sits on an almost 6800 square foot lot, and is split into 2 buildings. The front building, built in 1978, consists of unit 4037 and 4035. 4037 is a 3 bed, 2.5 bath, 1600sf, 2 story townhouse style unit. This unit also features a private patio and in-unit washer/dryer hookups on the first floor, as well as an attached 2 car garage and driveway to the main road. 4035 is the attached second unit, that sits above the additional 2 garage spaces and 3 carports behind the first unit. This is a 2 bed, 2 bath unit with in-unit washer/dryer hookups and a front deck. The rear building, built in 1929, consists of a lower unit (4031) and upper unit (4033). 4031 is a 2 bed, 1 bath, with a small office area off of the large living room. 4033 has the exact same footprint and features as 4031, minus the small office area. All four apartments have separate gas and electric meters, as well as newer double pane windows and added insulation in attic areas. With fantastic location, in close proximity to the local eats and entertainment of the charming Belmont Heights neighborhood, this multiunit property is an investors dream.

Listed by Ben Pinel | BRE #02037124 | Compass
Co-listed by Katie Machoskie | BRE #01380037 | Compass
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,765
HOA Dues
$0/mo
Year built
1978
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20142999
City
Long Beach
County
Los Angeles
Time on Site
1392 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,795
  • Total Rent: $2,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,195
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,475
  • Total Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 4031 E 4Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Inside, Washer Hookup
Interior Features
  • Cathedral Ceiling(s)
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Features: Desert Front
  • Lot Size Source: Seller
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7255019022
  • Year Built Source: Seller
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Head North on Redondo Ave. from E Ocean Blvd. Turn right on E 4th St. Property will be on the left.
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

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Sale History for 4031 E 4Th St

Last sold for $1,650,000 on August 10th, 2020
  • August, 2020

  • Aug 10, 2020

    Date

    Sold

    CRMLS: OC20142999

    $1,650,000

    Price

  • Aug 6, 2020

    Date

    Pending

    CRMLS: OC20142999

    $1,500,000

    Price

  • Jul 27, 2020

    Date

    Active Under Contract

    CRMLS: OC20142999

    $1,500,000

    Price

  • Jul 20, 2020

    Date

    Active

    CRMLS: OC20142999

    $1,500,000

    Price

  • August, 2020

  • Aug 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,650,000

    Price

  • August, 2014

  • Aug 11, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4031 E 4Th St

Assessed Value (2020): $620,313
Year Land Value Improved Value Assessed Value
2020 $341,496 $278,817 $620,313

Home Value Compared to the Market

This property vs the competition

4031 E 4Th St sold on August 10, 2020 for 87.5% 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 $326.09 per/sqft which puts the price per square foot 48.4% lower than the current median sale per square foot for the city of Long Beach.

About 4031 E 4Th St

Detailed summary of property

4031 E 4Th St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 9 bedrooms, 7 bathrooms, roughly 4,600 living square feet, and sits on an approximately 6,765 square foot lot. 4031 E 4Th St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,650,000. 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 87.5% higher than the current median priced home. Local homes that are currently for sale include 1616 E 4th St, 2221 Granada Ave and 1825 Cherry Ave. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 4031 E 4Th St Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 4031 E 4Th St

Public county record property details
Beds
7
Baths
7
Year built
1929
Sq. Ft.
4,008
Lot Size
6,764
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7255-019-022

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$789,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$845,566
Median Sold Price/Sq.Ft.
$582
Total Inventory
38
Median Sale to List Price %
100%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

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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.