$1,700,000
SOLD SEP 30, 2025
5 Beds
5 Baths
4,734 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

15% Below List Price

57 Days on Market

Highlights

  • 0.15 Acre Lot
  • No HOA
  • Level Lot
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • 2-minute walk to Miracle On Fourth Street Park

About This Home

As of September 2025

1631 East 4th Street features 8 multifamily units and a commercial suite located in the North Alamitos Beach neighborhood of Long Beach, CA. 1631 East 4th Street offers a unique mix of studio, one, and two-bedroom residential units behind a single-story commercial suite. The gated property features 3 buildings and offers four surface parking spaces in the rear of the property. Situated in a fantastic Long Beach location within the North Alamitos Beach neighborhood, 1631 East 4th Street is surrounded by an abundance of retail, dining, and entertainment options, as well as employers. The property is situated just blocks east of Retro Row, a collection of eclectic shops and restaurants, as well as 0.75 miles west of Downtown Long Beach, the city’s cultural and economic center. Additionally, residents enjoy the properties close proximity to an abundance of everyday needs at Grocery Outlet and El Mercado. Furthermore, 1631 East 4th Street benefits from its location, providing easy access to a wide variety of local amenities including, The Pike Outlets, Long Beach Convention & Entertainment Center, Alamitos Beach, and more. In summary, 1631 East 4th Street’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 05/20/2025

Last Buyer's Agent

Andrew McAllister

eXp Realty of Greater L.A License #01946829

eXp Realty of Greater L.A

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,734 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 576503
  • Assessor Parcel Number 7266019026
  • $1,797 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,304
  • Fuel Expense $1,304
  • Insurance Expense $9,000
  • Maintenance Expense $6,300
  • Professional Management Expense $8,936
  • Trash Expense $1,304
  • Water Sewer Expense $1,304
  • New Taxes Expense $21,704
  • Operating Expense $62,853
  • Gross Income $184,248
  • Net Operating Income $115,868

Property Details

Home Type

Apartment

Year Built

Built in 1947

Lot Details

0

Listing Details

  • CapRate: 6.62
  • Professional Management Expense: 8936.00
  • Property Attached: No
  • Water Sewer Expenses: 1304.00
  • Zoning: LBCNR
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7266019026
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 359.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1304.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 1304.00
  • Fuel Expense: 1304.00
  • Gross Income: 184248.00
  • Gross Multiplier: 9.50
  • Gross Operating Income: 178721.00
  • Gross Scheduled Income: 184248.00
  • Insurance Expense: 9000.00
  • Lot Size Area: 0.1500 Acres
  • Maintenance Expense: 6300.00
  • Net Operating Income: 115868.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 62853.00
  • Operating Expense Percent: 35.20
  • Rent Control: No
  • Total Expenses: 62853.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 21704.00
  • Tax Census Tract: 5765.03
  • Tax Lot: 23
  • Tax Tract Number: 576503
  • TaxOtherAnnualAssessmentAmount: 1797.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
Aug 27, 2025
Sold by
Wurr Family Trust and Wurr General Partnership
Bought by
Msjd Llc
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Andrew McAllister
eXp Realty of Greater L.A
List Price
$2,000,000
Sold Price
$1,700,000
Premium/Discount to List
-$300,000
-15%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.60%
Original Mortgage
$1,250,000
Outstanding Balance
$1,248,887
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$883,601

Purchase Details

Closed on
Jun 23, 2015
Sold by
Wurr John C and Wurr Elizabeth L
Bought by
The Wurr General Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2014
Sold by
Beebe Fred J and Beebe Siobhan T
Bought by
The Wurr Family Trust

Purchase Details

Closed on
Dec 23, 2010
Sold by
Beebe Fred J and Beebe Siobhan T
Bought by
Beebe Fred J and Beebe Siobhan T

Purchase Details

Closed on
Feb 17, 2004
Sold by
Berro Samuel S and The Berro Family Trust
Bought by
Beebe Fred J and Beebe Siobhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 1994
Sold by
Metz O Kenneth and Metz Gregory M
Bought by
Metz Properties Ltd Partnership

Purchase Details

Closed on
Dec 9, 1994
Sold by
Metz O Kenneth
Bought by
Metz Gregory M and Metz Isabella M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,700,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $1,150,000 Ticor Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $699,000 Lawyers Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Previous Owner $600,000 Commercial
Previous Owner $315,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $1,700,000 -2.9% $359 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $1,750,000 -7.9% $370 / Sq Ft
06/16/2025 06/16/25 Price Changed $1,900,000 -5.0% $401 / Sq Ft
05/20/2025 05/20/25 For Sale $2,000,000 -- $422 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $21,162 $1,591,744 $794,611 $797,133
2024 $21,162 $1,560,534 $779,031 $781,503
2023 $19,051 $1,390,377 $557,256 $833,121
2022 $17,896 $1,363,116 $546,330 $816,786
2021 $17,511 $1,336,389 $535,618 $800,771
2019 $16,655 $1,247,653 $519,732 $727,921
2018 $16,207 $1,223,208 $509,542 $713,666
2016 $14,925 $1,174,846 $489,756 $685,090
2015 $14,259 $1,150,000 $480,000 $670,000
2014 $10,540 $810,715 $347,947 $462,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25112766

California Regional Multiple Listing Service (CRMLS)

APN: 7266-019-026