$1,999,000

Estimated payment $11,771/month

Total Views 7
2 Beds
6 Baths
5,065 Sq Ft
$395 Price per Sq Ft

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • 1-minute walk to Miracle On Fourth Street Park
  • Long Beach Polytechnic High School Rated A
  • 1-Story Property

About This Home

Prime Mixed-Use Investment | Retro Row – Long Beach***
1427 E 4th St is a fully renovated property located in the heart of Long Beach’s high-traffic Retro Row. The 5,065 SF building consists of 2 street-level retail units (leased to a popular Coffee Shop and an Upscale Salon on long-term leases) and 4 residential units (2 one-bedroom units and 2 studios), all fully upgraded and turnkey.
Offered at the BEST PRICE PER SQ.FT. in the market, the property delivers a 6.60% Cap Rate with strong NOI and IMMEDIATE CASH FLOW. Retail benefits from consistent foot traffic and destination-level visibility, while residential units perform well in a low-vacancy rental market.
Recent comprehensive renovations translate to minimal maintenance and solid upside through rent growth. Located in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.

Listing Agent

Olga Wright

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-801-7373 License #01315042 Listed on: 02/10/2026

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Chris Bald

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-801-7373 License #01909867

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 2,951 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,065 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 5765
  • Assessor Parcel Number 7266018036
  • $1,370 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $7,598
  • Maintenance Expense $3,500
  • Water Sewer Expense $4,400
  • New Taxes Expense $24,188
  • Operating Expense $39,685
  • Gross Income $171,690
  • Net Operating Income $132,005

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.60
  • Property Attached: Yes
  • Water Sewer Expenses: 4400.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7266018036
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 394.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 2951.00
  • Lot Size Acres: 0.0677
  • Latitude Manual: 33.77188700

Multi Family

  • Gross Income: 171690.00
  • Gross Multiplier: 11.29
  • Gross Scheduled Income: 177000.00
  • Insurance Expense: 7598.00
  • Lot Size Area: 2951.0000 Square Feet
  • Maintenance Expense: 3500.00
  • Net Operating Income: 132005.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 39685.00
  • Rent Control: Yes
  • Total Expenses: 39685.00

Tax Info

  • New Taxes Expense: 24188.00
  • Tax Lot: 10
  • Tax Tract Number: 5765
  • TaxOtherAnnualAssessmentAmount: 1370.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,444 $1,248,480 $416,160 $832,320
2024 $16,444 $1,224,000 $408,000 $816,000
2023 $4,180 $237,205 $86,104 $151,101
2022 $3,952 $232,555 $84,416 $148,139
2021 $3,828 $227,996 $82,761 $145,235
2019 $3,772 $221,235 $80,307 $140,928
2018 $3,635 $216,898 $78,733 $138,165
2016 $3,327 $208,477 $75,677 $132,800
2015 $3,215 $205,347 $74,541 $130,806
2014 $3,200 $201,325 $73,081 $128,244
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2026 02/10/26 For Sale $1,999,000 +66.6% $395 / Sq Ft
06/01/2023 06/01/23 Sold $1,200,000 -14.3% $237 / Sq Ft View Prior Sale
04/17/2023 04/17/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,400,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26028039

California Regional Multiple Listing Service (CRMLS)

APN: 7266-018-036