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4445 E 4th St, Long Beach, CA 90814
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4445 E 4th St Long Beach, CA 90814

$1,497,500 Sold Price as of 11/05/2020
  • 7 Beds
  • 5 Baths
  • 3,769 Sq.Ft.
Sold
$1,497,500 Sold Price as of 11/05/2020 Refinance Your Mortgage
Map preview of 4445 E 4th St, Long Beach, CA 90814

Property Overview: 4445 E 4th St Long Beach, CA has 7 bedrooms, 5 bathrooms, 3,769 living square feet and 6,733 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity to own a fully occupied classic Spanish-style 4-plex in desirable Belmont Heights. Owners have taken great care of this investment property, newer back deck, brand new awnings being installed on Sept 19th, artificial turf, newer quartz counter tops in several of the units, and TONS of parking! 3 of the 4 units have been updated cosmetically. Hardwood floors in all 4 units. Plumbing and electrical have been partially upgraded. 11 car parking consists of: 5 car garage + 2 uncovered spots on apron and 4 car tandem in long drive way. 2 of the units have window AC units. Fantastic mix: One 3 bed 2 bath unit, two 1 bedroom/1 bath units, and one 2 bedroom/1 bath unit. Upstairs and back unit have washer and dryer. Buyer to verify all rents & projections. Location is excellent: just blocks away from Red Car Greenbelt, Colorado Lagoon Aquatic Park, 1.6 miles to Rosie's Dog Beach, and conveniently located near shops and restaurants. Sqft is based off of tax records. Information is deemed reliable, however, buyer is encouraged to verify all info to their full satisfaction.

Listed by Taya Dicarlo | BRE #01751317 | Compass
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,733
HOA Dues
$0/mo
Year built
1923
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
SB20187143
City
Long Beach
County
Los Angeles
Time on Site
1470 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: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.06%
  • Gross Rent Multiplier: 14.24
  • Gross Scheduled Income: $96,540
  • Net Operating Income: $69,509
  • Gross Operating Income: --
  • Other Income Description: 1800 parking, see remarks.
Annual Expense Breakdown
  • Total Operating Expense: $26,066
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $15,468
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0
  • Other Expense Description: misc

Property Details for 4445 E 4th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: See Remarks, Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Assigned, Driveway, Garage, On Site, See Remarks, Tandem Uncovered, Uncovered
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7250001013
  • Year Built Source: Assessor
  • 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
  • Directions: South of 7th St, west of Ximeno Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 4445 E 4th St

Last sold for $1,497,500 on November 5th, 2020

  • November, 2020

  • Nov 5, 2020

    Date

    Sold

    CRMLS: SB20187143

    $1,497,500

    Price

  • Oct 26, 2020

    Date

    Pending

    CRMLS: SB20187143

    $1,375,000

    Price

  • Sep 21, 2020

    Date

    Active Under Contract

    CRMLS: SB20187143

    $1,375,000

    Price

  • Sep 16, 2020

    Date

    Active

    CRMLS: SB20187143

    $1,375,000

    Price

  • Sep 9, 2020

    Date

    Coming Soon

    CRMLS: SB20187143

    $1,375,000

    Price

  • November, 2020

  • Nov 5, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,497,500

    Price

  • June, 2005

  • Jun 20, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,275,000

    Price

Show More

Tax History for 4445 E 4th St

Assessed Value (2020): $1,625,054
Year Land Value Improved Value Assessed Value
2020 $701,003 $924,051 $1,625,054

Home Value Compared to the Market

This property vs the competition

4445 E 4th St sold on November 5, 2020 for 67.89% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $364.82 per/sqft which puts the price per square foot 41.91% lower than the current median sale per square foot for the city of Long Beach.

About 4445 E 4th St

Detailed summary of property

4445 E 4th St is a fourplex that recently sold in Long Beach, CA 90814. This fourplex offered 7 bedrooms, 5 bathrooms, roughly 3,769 living square feet, and sits on an approximately 6,733 square foot lot. 4445 E 4th St was first listed on ArdentRealEstateGroup.com on September 9, 2020. The homeowner sold the property for $1,497,500. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 67.89% higher than the current median priced home. Local homes that are currently for sale include 387 Freeman Ave, 3009 E 3rd St and 32 Glendora Ave. While the average home in Long Beach, CA is selling in 62 days, 4445 E 4th St has a days on market of 6 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 4445 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 4445 E 4th St

Public county record property details
Beds
7
Baths
5
Year built
1923
Sq. Ft.
3,769
Lot Size
6,765
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7250-001-013

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
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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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