3011 E 4th St Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated payment $15,342/month
About This Home
PRICED TO SELL - 9.7X GRM AND 6.9% CAP AT MARKET RENTS - IN PRIME LONG BEACH. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Located on the East Side of Long Beach close to Belmont Shores and the Traffic Circle. The property is impeccably maintained and professionally managed. Excellent unit mix of 2 and 3 bed units featuring 4 garage spaces in the front of the property (each could be rented for $150 each). Unit interiors are in good condition, but a new owner could choose to upgrade them even further and increase rents to market, approx. 15% above current levels. There is an onsite laundry room. The main electrical panel is 200 AMPS - Buyer to verify. The 3 bedroom unit has a large private patio in the rear of the building. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Interior Spaces
- 6,403 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 15 Bedrooms
- 9 Bathrooms
Parking
- 8 Parking Spaces
- Assigned Parking
Additional Features
- 6,753 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 7257-005-017
Map
Home Values in the Area
Average Home Value in this Area
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 | $33,623 | $2,511,241 | $1,623,648 | $887,593 |
| 2024 | $32,152 | $2,462,002 | $1,591,812 | $870,190 |
| 2023 | $31,609 | $2,413,728 | $1,560,600 | $853,128 |
| 2022 | $29,664 | $2,366,400 | $1,530,000 | $836,400 |
| 2021 | $25,985 | $2,061,360 | $1,261,414 | $799,946 |
| 2020 | $25,917 | $2,041,014 | $1,248,480 | $792,534 |
| 2019 | $25,613 | $2,001,010 | $1,224,000 | $777,010 |
| 2018 | $24,966 | $1,961,790 | $1,200,000 | $761,790 |
| 2016 | $12,178 | $952,293 | $380,913 | $571,380 |
| 2015 | $11,705 | $937,990 | $375,192 | $562,798 |
| 2014 | $11,655 | $919,617 | $367,843 | $551,774 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $2,349,000 | +1.3% | $367 / Sq Ft | |
| 03/16/2021 03/16/21 | Sold | $2,320,000 | -7.2% | $362 / Sq Ft | View Prior Sale |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- | |
| 04/15/2020 04/15/20 | For Sale | $2,500,000 | -- | $390 / Sq Ft |
Source: The MLS
MLS Number: 26826121
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Ask me questions while you tour the home.