For Sale
$3,900,000
1917 4th
Long Beach, CA

1917 4th, Long Beach, CA, 90802

  • 0.28acre
1917 E. 4th Street is an 18-unit apartment building located in the heart of Long Beach’s highly sought-after 4th Street / Retro Row district. This property offers investors the opportunity to acquire a well-positioned asset in a supply-constrained rental market at an attractive 9.55 GRM on current rents. The building offers an attractive mix of studio, one-, two-, and three- bedroom units. On-site laundry and parking, generate additional income streams. Recent capital improvements include new electrical subpanels and new windows installed throughout the building within the past seven years. The property includes 7 parking garages and one surface space in a neighborhood where parking is often limited. Recognized in publications such as The New York Times, Sunset Magazine, and The New Yorker, 4th Street / Retro Row is a vibrant, pedestrian- and bike-friendly corridor, home to 40+ independent merchants. The area is celebrated for its eclectic mix of vintage and contemporary clothing, furniture, accessories, art, antiques, and collectibles, as well as a diverse range of acclaimed restaurants, cafés, wine bars. With its prime location, strong rental fundamentals, and recent upgrades, 1917 E. 4th Street represents a compelling investment opportunity for buyers seeking stable income and long-term value in one of the city’s most dynamic submarkets.
Listing agents:
Robert Stepp
License #01456379
Keller Williams Realty Downey
Larry Bustamante
License #00762602
Keller Williams Realty Downey
1917 4th is a Residential Income Mixed Use property located in Long Beach, California, featuring a 0.285 acre lot, MLS #PW25236303.