NOT LISTED FOR SALE

234 W 4th St Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $999,017 - $1,186,000

4 Beds
4 Baths
2,700 Sq Ft
$398/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2021

Last sale price $950,000 $352 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,946 / mo

1 Day on Market

Highlights

  • Golf Course Community
  • 1-minute walk to Pacific Station
  • Victorian Architecture
  • 0.06 Acre Lot
  • Wood Flooring
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of August 2021

Pride of Ownership, 4 Unit, Trophy Property!
Located within the highly sought after community of Downtown Long Beach, merely footsteps from Pine ave.
234 W. 4th is a picturesque early 1900’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, with an abundance of natural light. The asset is in incredibly high demand due to the buildings design, unit floor plans and proximity to everything that's great about Long Beach and Southern California living!
The asset is separately metered for gas and electric.

Last Agent to Sell the Property

Cameron Jacques

Kinnery's Brokerage House License #01852032 Listed on: 08/05/2021

Co-Listed By

Jahleel Wilson

Kinnery's Brokerage House License #01913475

Last Buyer's Agent

Jahleel Wilson

Kinnery's Brokerage House License #01913475

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 2,650 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Rectangular Lot
  • Garden

Home Design

  • Quadruplex
  • Victorian Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 4 / 82
  • Tax Tract Number 575
  • Assessor Parcel Number 7280015003

Community Details

Overview

  • 4 Units
  • Alamitos Beach Subdivision

Recreation

  • Golf Course Community
  • Bike Trail

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $18,000
  • Gross Income $52,320
  • Net Operating Income $32,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

2,650 Sq Ft Lot

Listing Details

  • CapRate: 3.45
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD30
  • Architectural Style: Victorian
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7280015003
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Entry Level: 1
  • Price Per Square Foot: 351.85

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Gutters, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 2650.00
  • Lot Size Acres: 0.0608

Multi Family

  • Average1 Bed Area: 675 Square Feet
  • Gross Income: 52320.00
  • Gross Multiplier: 18.10
  • Gross Operating Income: 50750.00
  • Gross Scheduled Income: 52320.00
  • Lot Size Area: 2650.0000 Square Feet
  • Net Operating Income: 32750.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 18000.00
  • Rent Control: Yes
  • Total Expenses: 18000.00

Tax Info

  • Tax Block: 82
  • Tax Census Tract: 5759.02
  • Tax Lot: 4
  • Tax Tract Number: 575...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
2007 Kinnery Patel Separate Property Tru
Bought by
Motlf Llc
Current Estimated Value
$1,074,254
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Motlf Llc -- Accommodation/Courtesy Recordi
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $950,000 0.0% $352 / Sq Ft
08/05/2021 08/05/21 For Sale $950,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,933 $1,082,431 $700,397 $382,034
2024 $13,933 $1,061,208 $686,664 $374,544
2023 $13,696 $1,040,400 $673,200 $367,200
2022 $11,968 $950,000 $615,000 $335,000
2021 $4,248 $303,366 $121,343 $182,023
2020 $4,237 $300,256 $120,099 $180,157
2019 $4,188 $294,370 $117,745 $176,625
2018 $4,051 $288,599 $115,437 $173,162
2016 $3,731 $277,394 $110,955 $166,439
2015 $3,590 $273,228 $109,289 $163,939
2014 $3,585 $267,877 $107,149 $160,728
Source: Public Records

Agents Affiliated with this Home

  • Cameron Jacques

    Seller's Agent in 2021

    Cameron Jacques

    Kinnery's Brokerage House

    (562) 800-0838

    1 in this area

    57 Total Sales

    Cameron Jacques
    Section Image
  • Jahleel Wilson

    Seller Co-Listing Agent in 2021

    Jahleel Wilson

    Kinnery's Brokerage House

    (562) 800-0838

    1 in this area

    6 Total Sales

    Jahleel Wilson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21171403

California Regional Multiple Listing Service (CRMLS)

APN: 7280-015-003

California Los Angeles County Long Beach 90802 West Village

234 W 4th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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