Long Beach, CA 90802 323 W 4th Street 201
$420,000
8 more
Presented By: Sean Reid with Century 21 Masters; 951-258-5162
Beds • 2
Baths • 2
SQFT • 749
Year Built • 1923
Home Details
Welcome to this unique and highly desirable opportunity to own two separate studio units being sold together as one parcel in the heart of vibrant downtown Long Beach. Whether you’re looking to expand your portfolio or secure a property with income-generating potential from day one, this versatile offering delivers both value and charm. Each unit is housed in a beautifully preserved 1920s historic building, thoughtfully updated to meet modern needs while retaining its vintage appeal. Both units feature full kitchens with gas stoves and refrigerators, laminate flooring, quartz countertops, and charming layouts that maximize function and Investor’s Dream. This is the perfect buy for seasoned investors, 1031 exchange buyers, or owner-occupants seeking passive income and long-term appreciation in one of Southern California’s fastest-growing coastal cities. Located just blocks from the beach, restaurants, shopping, public transportation, nightlife, and local attractions like theaters and the waterfront, this is one of the most walkable and dynamic areas in Long Beach. With the added bonus of being one block from the Blue Line, it’s a commuter’s dream. One units is non-conforming
Don’t let this investment property pass you by!
Presented By: Sean Reid with Century 21 Masters; 951-258-5162
Interior Features for 323 W 4th Street 201
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringCarpet, Vinyl
Heating Y/NNo
Interior AmenitiesCeramicCounters, GraniteCounters, OpenFloorplan, AllBedroomsUp
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level2
General for 323 W 4th Street 201
Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Association NameThe American Apparment
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSuburban, Sidewalks
ContingencyNone
CoolingNone
CountyLos Angeles
Current FinancingNone
DirectionsE/ Chestnut Ave W/Pacific Ave
DisclosuresCovenantsRestrictionsDisclosure, HoaDisclosure, HomeWarranty
Electric Expense75.0
Electric On Property Y/NNo
Entry Locationfront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income3125.0
HOAYes
HOA Fee$252.0
HeatingNone
Home Warranty Y/NNo
Insurance Expense100.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, Exchange1031
Lot Size Square Feet7503.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income26000.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense35625.0
Pool FeaturesNone
PossessionNegotiable
Property Attached Y/NYes
Property ConditionRepairsCosmetic, Turnkey
Property Sub Type AdditionalOwnYourOwn
Property SubtypeOwnYourOwn
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameDowntown (DT)
Tax Lot23, 24
Total Actual Rent3125.0
Trash Expense0.0
Unit Number201
UtilitiesElectricityAvailable, SewerConnected
ViewNeighborhood, PeekABoo
Water Sewer Expense0.0
Year Built1923
Year Built SourceAssessor
ZoningLBR4N
Exterior for 323 W 4th Street 201
Building Area Total749.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1722
Lot Size Area7503.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
