Seller's Agent in 2023
Shane young
Younglewin Advisors, Inc.
(562) 556-1118
1 in this area
31 Total Sales
3627 E 4th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,694,000 - $2,022,000
6
Beds
4
Baths
4,000
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- Private Yard
- Fremont Elementary School Rated A
- Laundry Room
About This Home
As of September 2023We are pleased to present this incredible value-add opportunity in a prime Long Beach location, 3627 E 4th
St Long Beach, CA 90814. This property sits on a 6,500+ square foot lot, and is located in one of Long Beach's most sought-after
neighborhoods, Belmont Heights. The building currently consists of two 1 bed/1 bath and two 2 bed/1 bath units. This offering allows the possibility for a savvy investor to add ADU's in the rear of the property, for additional income. Not taking into the account the addition of ADU's, 3627 E 4th St currently offers 14% upside in net operating income, upon leasing out all of the units at market rents. The property has recently received new copper plumbing, electrical upgrades, and $50,000 worth of exterior renovations. This investment property is truly a gem, as it has been well taken-care-of, resides in a remarkable location, has development potential, and offers the opportunity for an investor to realize more than 14% in upside
Last Agent to Sell the Property
Younglewin Advisors, Inc. License #01963090 Listed on: 07/31/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 6,504 Sq Ft Lot
- Two or More Common Walls
- Private Yard
- Back Yard
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 20 / B
- Tax Tract Number 577100
- Assessor Parcel Number 7255002009
- $21,639 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $65,349
- Gross Income $100,001
- Net Operating Income $65,349
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2025
Sold by
Nv Family Properties Llc
Bought by
Tran Vu
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,834
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,637,975
Purchase Details
Closed on
Jan 6, 2003
Sold by
Gould Michael F
Bought by
Riera Dennis R and Woodward Ii John L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,125
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 6, 1998
Sold by
Young Ronald S
Bought by
Gould Michael F
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
7.17%
Purchase Details
Closed on
Sep 9, 1996
Sold by
Young Ronald S
Bought by
Young Ronald Steven and Young Lydia M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tran Vu | -- | Accommodation/Courtesy Recordi | |
| Riera Dennis R | $617,500 | Commonwealth | |
| Gould Michael F | $350,000 | North American Title Co | |
| Young Ronald Steven | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tran Vu | $200,000 | |
| Previous Owner | Riera Dennis R | $463,125 | |
| Previous Owner | Gould Michael F | $315,000 | |
| Closed | Riera Dennis R | $30,875 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2023 09/12/23 | Sold | $1,760,000 | +0.6% | $440 / Sq Ft |
| 08/25/2023 08/25/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $1,750,000 | -- | $438 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $22,759 | $1,795,200 | $1,224,000 | $571,200 |
| 2024 | $22,759 | $1,760,000 | $1,200,000 | $560,000 |
| 2023 | $11,606 | $859,600 | $630,610 | $228,990 |
| 2022 | $10,905 | $842,746 | $618,246 | $224,500 |
| 2021 | $8,892 | $826,223 | $606,124 | $220,099 |
| 2019 | $10,521 | $801,719 | $588,147 | $213,572 |
| 2018 | $10,208 | $786,000 | $576,615 | $209,385 |
| 2016 | $9,380 | $755,480 | $554,225 | $201,255 |
| 2015 | $9,010 | $744,133 | $545,901 | $198,232 |
| 2014 | $8,958 | $729,557 | $535,208 | $194,349 |
Source: Public Records
Agents Affiliated with this Home
-
Shane young
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23139703
APN: 7255-002-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 3600 E 4th St Unit 305
- 3600 E 4th St Unit 203
- 3740 E 5th St
- 605 Redondo Ave Unit 308
- 4006 E Vermont St
- 444 Obispo Ave Unit 3
- 360 Obispo Ave Unit 15
- 678 Coronado Ave
- 735 Newport Ave
- 308 Coronado Ave
- 752 Coronado Ave
- 4218 E Elko St
- 4244 E 5th St
- 844 Loma Ave
- 3025 E Theresa St
- 831 Mira Mar Ave
- 824 Redondo Ave
- 920 Loma Ave
- 3042 E 3rd St Unit 5
- 334 Gladys Ave Unit 305
- 3627 E 4th St Unit 4
- 3617 E 4th St Unit 1
- 3617 E 4th St
- 3635 E 4th St Unit 1
- 3621 E 4th St
- 3633 E 4th St Unit 2
- 3624 E 5th St
- 3616 E 5th St
- 3701 E 4th St
- 3634 E 5th St
- 424 Loma Ave
- 3644 E 5th St
- 3711 E 4th St
- 3711 E 4th St Unit 3711
- 3636 E 4th St
- 3634 E 4th St
- 3650 E 5th St
- 3640 E 4th St
- 440 Loma Ave
- 3600 #105 E 4th