1711 1715 E 4th Street Long Beach, CA ^$ 1,600,000

1711 1715 E 4th Street

^$ 1,600,000

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1711 1715 E 4th Street

Long Beach, CA, 90802

^$ 1,600,000

Studio Baths0.0 Sq 7,700

Monthly Estimate*

^$ 11,176

Listed by Marcus & Millichap RE Invest

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Studio

Commercial Property for sale in Long Beach, CA

for $1,600,000. This 7,700 square foot building was built in 1927 on a lot size of 0.17.

1711 - 1715 East 4th Street is a 4-unit plus commercial space, mixed-use investment opportunity located in Long Beach, CA. 1711 - 1715 East 4th Street features 4, two-bedroom apartment units and an approximately 3,500 square foot showroom/office space. This commercial space is available to an Owner/ User with a wide variety of uses. The property represents a unique value-add opportunity with ample upside. Additionally, current ownership has invested significant capital into the refurbishment of the showroom space, which offers a plethora of possible user scenarios.

Commercial Active

Price

^$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 19,908

Style

MixedUse

Lot Size

0.17

Year Built

1927

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC24040161

Days on Market

Features

Exterior

Lot Features StreetLevel

Water Source Public

Lot Size Area 0.17

Number of Buildings 2

Spa N

Building Area Total 7700.0

Lot Size Acres 0.17

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1927

Property SubType MixedUse

Tax Year 2023

County Los Angeles

Net Operating Income 76408.0

Operating Expense 46918.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Cross Street of East 4th Street & Gaviota Avenue

City Long Beach

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Square Feet 7405.2

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 4th

Listing Terms Cash CashtoNewLoan Item1031Exchange OwnerMayCarry

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 19908.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 70

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Vacant

Year Built Source Assessor

Property Sub Type Additional MixedUse

Cap Rate 4.78

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1711

* Excluded Features

List By

Marcus & Millichap Re Invest

Broker

(714) 713-9086

Phone

Affordability Calculator

$12,835

Per Month

Monthly Principal & Interest: $11,176
Monthly Property Taxes: $1,659
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Long Beach, CA

Average List Price ^$1,599,254

Percent of Sale Price 0%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2024	$1,600,000	-11.11%	Price Down
2/28/2024	$1,800,000		Listed Price

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1711 1715 E 4th Street, Long Beach, CA, 90802 is a Commercial Property for sale at $1,600,000 with 7,700 sqft and a lot size of 0.17. 1711 1715 E 4th Street is a studio with 0.0 baths and was built in 1927. The property's zip code is 90802 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. 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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1711 1715 E 4th Street

Commercial Property for sale in Long Beach, CA

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