Seller's Agent in 2024
Cynthia Voss
RE/MAX
(562) 884-3930
1 in this area
32 Total Sales
1616 E 4th St Long Beach, CA 90802
North Alamitos Beach Neighborhood
6
Beds
6
Baths
5,300
Sq Ft
6,733
Sq Ft Lot
Highlights
- 0.15 Acre Lot
- Wood Flooring
- 4 Car Garage
- Long Beach Polytechnic High School Rated A
- Neighborhood Views
- 1-minute walk to Miracle On Fourth Street Park
About This Home
As of December 2024Fantastic Investment Opportunity! Located in the trendy and hip Retro Row neighborhood of Long Beach! 4) very spacious 1 bedroom units with classic art deco features, including classic mock-fireplaces in all of the livingrooms. Lovely archways between the Living and Dining rooms. Hardwood flooring custom built-ins and high ceilings, Plus extra closet space. The kitchens have gorgeous art deco tile back splashes and some with granite counters and breakfast nooks. The baths have custom 20's style flooring. All 4 of these units come with their own private garage. The back building has 2) 1 bedroom units over the 4 garages, also with classic art deco features, built-ins and hardwood floors. There is a very large outdoor lawn with a patio between the two buildings, which creates a great community outdoor space for the occupants. All interior photos were previously taken by the owners of the property. Mostly long term tenants so there is definately an upside to the rental income. Just 4 blocks to the beach, and walking distance to award winning restaurants, amazing boutiques, art galleries and antique shops. The seller will entertain carrying the First Trust Deed!
Last Agent to Sell the Property
Re/Max R. E. Specialists Brokerage Phone: 562-884-3930 License #00881330 Listed on: 01/05/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 6,733 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,300 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Neighborhood Views
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 3
- Tax Tract Number 2
- Assessor Parcel Number 7275016005
- $1,206 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 6 Units
- Alamitos Beach Subdivision
Recreation
- Bike Trail
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Fuel Expense $400
- Gardener Expense $4,200
- Insurance Expense $7,785
- Maintenance Expense $9,007
- Other Expense $300
- Supplies Expense $3,060
- Trash Expense $300
- Water Sewer Expense $316
- New Taxes Expense $19,800
- Operating Expense $46,557
- Gross Income $130,435
- Net Operating Income $108,723
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/24/2024 12/24/24 | Sold | $1,500,000 | +68237.1% | $283 / Sq Ft |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 08/27/2024 08/27/24 | Rented | $2,195 | 0.0% | -- |
| 07/10/2024 07/10/24 | For Rent | $2,195 | 0.0% | -- |
| 05/23/2024 05/23/24 | Price Changed | $1,800,000 | -5.3% | $340 / Sq Ft |
| 03/02/2024 03/02/24 | Price Changed | $1,900,000 | -4.8% | $358 / Sq Ft |
| 01/25/2024 01/25/24 | Price Changed | $1,995,000 | -5.0% | $376 / Sq Ft |
| 01/05/2024 01/05/24 | For Sale | $2,100,000 | -- | $396 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Cynthia Voss
-
Nathan Walter
Seller Co-Listing Agent in 2024
Nathan Walter
RE/MAX
(562) 714-6085
1 in this area
22 Total Sales
-
Chris Crosby
Buyer's Agent in 2024
Chris Crosby
Buckingham Investments, Inc
(310) 982-7055
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24002716
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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