Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90808 4635 N Bellflower Boulevard

4635 N Bellflower Boulevard Long Beach, CA - Image 14635 N Bellflower Boulevard Long Beach, CA - Image 24635 N Bellflower Boulevard Long Beach, CA - Image 3
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Presented By: George Bustamante with Coldwell Banker Commercial; 714-856-7017
  • MLS# PW25028496
  • 02/07/2025
  • Request Tour
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  • Beds • 12
  • Baths • 8
  • SQFT • 6,300
  • Garage • 1
  • Year Built • 1961

Home Details

We are pleased to present an 8-unit apartment building in Long Beach, California. Built in 1961, this property offers 6,300 rentable square feet on a 7,210-square-foot lot. The unit mix includes four 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units. All eight units have been upgraded, and the entire building features copper plumbing. Additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. The property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. Residents also benefit from eight dedicated parking spaces. Situated in the desirable Lakewood Village neighborhood, the property is conveniently located near shopping, dining, Long Beach City College, California State University Long Beach, and Long Beach Airport. Long Beach is undergoing significant redevelopment, with the $4.4 billion expansion of the Long Beach Port expected to create 14,000 new permanent jobs in Southern California. Additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. The new $520 million Long Beach Civic Center now houses City Hall, the Port of Long Beach headquarters, and the Main Library. With its strong economy, high quality of life, and ongoing revitalization, Long Beach remains an attractive rental market. This property boasts a history of high occupancy and offers significant upside potential for rental income.
Presented By: George Bustamante with Coldwell Banker Commercial; 714-856-7017

Interior Features for 4635 N Bellflower Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 4635 N Bellflower Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.4
Carport Spaces4.0
Carport Y/NYes
CityLong Beach
Community FeaturesCurbs, StormDrains, Sidewalks, Urban
CountyLos Angeles
DirectionsNorth of Carson Ave, south of Del Amo and East of Lakewood Blvd.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income204960.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashToNewLoan
Lot Size Square Feet7210.0
Lot Size UnitsSquareFeet
MLS Area29 - Lakewood Village
MobileHomeRemainsYNNo
Net Operating Income137081.0
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Open Parking Spaces4.0
Operating Expense59702.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameLakewood Village (LKVL)
Tax Lot7
Tenant PaysElectricity, Gas
Total Actual Rent17080.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningLBR4R

Exterior for 4635 N Bellflower Boulevard

Building Area Total6300.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit, StreetLevel, Walkstreet
Lot Size Acres0.1655
Lot Size Area7210.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDetachedCarport
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $2,550,000
MLS#PW25028496
List Date 02/07/2025
Property Type Multi-Family
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