Long Beach, CA 90814 4251 E 4th Street
$2,695,000
19 more
Presented By: John Gooding with Vista Sotheby's Int'l Realty; 562 756-6500
Beds • 8
Baths • 9
SQFT • 9,354
Garage • 4
Year Built • 1931
Home Details
Classic Spanish 14 units prime Belmont Heights location near 4th & Ximeno Ave. Units consist of 8-1 Br 1 Ba unit and 6 studio apartments. Individual gas meters and master metered for electrical service. Classic Spanish charm and decor throughout. 4 garages. Expenses shown are annual from 2024 (except new prop taxes are included). Located on transit route, near Fremont Elementary and a short distance to 4th St. Retro Row and Colorado Lagoon. Rents shown are actual. Attractive cap rate for multi-family properties in this quality location. First time offered in over forty years!
Presented By: John Gooding with Vista Sotheby's Int'l Realty; 562 756-6500
Interior Features for 4251 E 4th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile, Wood
Heating Y/NNo
Interior AmenitiesTileCounters
Laundry FeaturesNone
Total Stories2
Window FeaturesCasementWindows, WoodFrames
Other Rooms
Entry Level1
General for 4251 E 4th Street
Additional Parcels Y/NNo
Architectural StyleSpanish
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.99
Carport Y/NNo
CityLong Beach
Community FeaturesBiking, Curbs, DogPark, Gutters, Hiking, Lake, Park, PreservePublicLand, StormDrains, StreetLights, Suburban, Sidewalks
Construction MaterialsStucco
ContingencySubmit all offers on RIPA form with proof of funds and pre-approval as needed. Sellers choice of services.
CoolingNone
CountyLos Angeles
Current FinancingConventional
DirectionsXimeno North from Ocean Blvd and left on 4th St.
ElectricElectricityOnProperty
Electric Expense8521.0
Electric On Property Y/NNo
Entry LocationFront door
Garage Spaces4.0
Garage Y/NYes
Gross Income3000.0
HOANo
Home Warranty Y/NNo
Insurance Expense5509.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, TrustConveyance
Lot Size Square Feet6418.0
Lot Size UnitsSquareFeet
MLS Area2 - Belmont Heights, Alamitos Heights
MaintenanceExpense24551.0
MobileHomeRemainsYNNo
Net Operating Income161456.0
New ConstructionNo
Number Of Units Total14
Operating Expense91624.0
Other StructuresStorage
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat, FlatTile, Tile
Security FeaturesCarbonMonoxideDetectors, ResidentManager, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer, SewerTapPaid
Special Listing ConditionsStandard, Trust
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NameBelmont Heights (BH)
Tax Lot7
Taxes$32,340
Tenant PaysGas, TrashCollection
Total Actual Rent22200.0
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasAvailable, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense6354.0
Waterfront FeaturesOceanSideOfFreeway, OceanSideOfHighway
Year Built1931
Year Built SourceAssessor
ZoningLBR3T
Exterior for 4251 E 4th Street
Building Area Total9354.0
Crops Included Y/NNo
FencingWood
Foundation DetailsConcretePerimeter, Raised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot, StreetLevel
Lot Size Acres0.1473
Lot Size Area6418.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters14
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, GarageFacesFront, Garage
Pool Charge0.0
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypeAlleyPaved, Gravel
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Justin Hughey
Price
$2,695,000
MLS#PW25109228
List Date
05/21/2025
Property Type
Multi-Family
Phone
(562) 818-1655
