$3,060,000
SOLD DEC 1, 2025
7 Beds
6 Baths
10,171 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: December 1, 2025

$301 Per Sq Ft

22% Below List Price

4 Days on Market

Highlights

  • 0.28 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Laundry Facilities

About This Home

As of December 2025

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.

Last Agent to Sell the Property

Robert Stepp

Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 11/10/2025

Keller Williams Realty Downey

Co-Listed By

Larry Bustamante

Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #00762602

Keller Williams Realty Downey

Last Buyer's Agent

Larry Bustamante

Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #00762602

Keller Williams Realty Downey
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 12,396 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 1 Open Parking Space
  • 7 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 10,171 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 8 / E
  • Tax Tract Number 5765
  • Assessor Parcel Number 7266026004
  • $1,354 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 18 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,050
  • Fuel Expense $4,050
  • Gardener Expense $1,200
  • Insurance Expense $20,000
  • Maintenance Expense $12,600
  • Other Expense $5,400
  • Pest Control $1,000
  • Professional Management Expense $27,008
  • Trash Expense $4,050
  • Water Sewer Expense $4,050
  • New Taxes Expense $52,016
  • Operating Expense $136,924
  • Gross Income $396,156
  • Net Operating Income $259,232

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0.28 Acres

Parking

7

Listing Details

  • CapRate: 6.65
  • Professional Management Expense: 27008.00
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 4050.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7266026004
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 300.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1000.00
  • Sewer: Public Sewer
  • Trash Expense: 4050.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 12396.00
  • Lot Size Acres: 0.2846

Multi Family

  • Electric Expense: 4050.00
  • Fuel Expense: 4050.00
  • Gross Income: 396156.00
  • Gross Multiplier: 9.55
  • Gross Scheduled Income: 408408.00
  • Insurance Expense: 20000.00
  • Lot Size Area: 12396.0000 Square Feet
  • Maintenance Expense: 12600.00
  • Net Operating Income: 259232.00
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 18
  • Operating Expense: 136924.00
  • Other Expense: 5400.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Expenses: 136924.00

Tax Info

  • New Taxes Expense: 52016.00
  • Tax Block: E
  • Tax Lot: 8
  • Tax Tract Number: 5765
  • TaxOtherAnnualAssessmentAmount: 1354.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2025
Closed on
Nov 18, 2025
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Larry Bustamante
Keller Williams Realty Downey
List Price
$3,900,000
Sold Price
$3,060,000
Premium/Discount to List
-$840,000
-21.54%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%

Purchase Details

Closed on
Sep 6, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,191,400
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,191,400
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$886,500
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,346
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Alamitos Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $3,060,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,750,000 Provident Title Company
Interfamily Deed Transfer -- Provident Title
Interfamily Deed Transfer -- Provident Title
Grant Deed -- Provident Title
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- Stewart Title
Gift Deed -- --
Grant Deed -- --
Grant Deed $250,000 Investors Title Company
Trustee Deed $380,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $2,400,000 Negative Amortization
Previous Owner $350,000 Commercial
Previous Owner $1,191,400 Commercial
Previous Owner $886,500 Commercial
Previous Owner $416,000 Commercial
Previous Owner $103,346 Commercial
Previous Owner $20,000 Commercial
Previous Owner $315,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/21/2026 07/21/26 For Rent $2,700 0.0% --
12/01/2025 12/01/25 Sold $3,060,000 -21.5% $301 / Sq Ft
11/14/2025 11/14/25 Pending -- -- --
11/10/2025 11/10/25 For Sale $3,900,000 -- $383 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $33,086 $2,488,128 $1,244,064 $1,244,064
2024 $31,641 $2,439,342 $1,219,671 $1,219,671
2023 $31,134 $2,391,512 $1,195,756 $1,195,756
2022 $29,234 $2,344,620 $1,172,310 $1,172,310
2021 $28,645 $2,298,648 $1,149,324 $1,149,324
2019 $28,240 $2,232,332 $1,115,236 $1,117,096
2018 $27,400 $2,188,598 $1,093,369 $1,095,229
2016 $25,143 $2,101,826 $1,050,913 $1,050,913
2015 $22,549 $1,930,000 $965,000 $965,000
2014 $19,159 $1,600,000 $800,000 $800,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25236303

California Regional Multiple Listing Service (CRMLS)

APN: 7266-026-004

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