NOT LISTED FOR SALE

3627 E 4th St Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,608,000 - $2,426,000

6 Beds
4 Baths
4,000 Sq Ft
$488/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2023

Last sale price $1,760,000 $440 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,472 / mo

24 Days on Market

About This Home

As of September 2023

We 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

Shane Young

Younglewin Advisors, Inc. License #01963090 Listed on: 07/31/2023

Last Buyer's Agent

Shane Young

Marcus & Millichap License #01963090

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 in unit

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,504 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: LBCNR
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7255002009
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 440.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 6504.00
  • Lot Size Acres: 0.1493

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 100001.00
  • Gross Scheduled Income: 100001.00
  • Lot Size Area: 6504.0000 Square Feet
  • Net Operating Income: 65349.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 34643.00
  • Rent Control: Yes
  • Total Expenses: 65349.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5771.00
  • Tax Lot: 20
  • Tax Tract Number: 577100
  • TaxOtherAnnualAssessmentAmount: 21639.00

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

Closed on
Sep 8, 2025
Sold by
Bought by
Current Estimated Value
$1,953,558

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
$198,475
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,755,083

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 8, 2023
Sold by
Bought by
Seller's Agent
Shane Young
Younglewin Advisors, Inc.
Buyer's Agent
Shane Young
Younglewin Advisors, Inc.
List Price
$1,750,000
Sold Price
$1,760,000
Premium/Discount to List
$10,000
0.57%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,443,300
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 6, 2003
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
$463,125
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 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
$315,000
Interest Rate
7.17%

Purchase Details

Closed on
Sep 9, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
$1,760,000 Ticor Title
$617,500 Commonwealth
$350,000 North American Title Co
-- --
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 Borrower Loan Amount
Open $200,000
Previous Owner $1,443,300
Previous Owner $463,125
Previous Owner $315,000
Closed $30,875
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
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

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 $23,782 $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

    Seller's Agent in 2023

    Shane Young

    Younglewin Advisors, Inc.

    (562) 556-1118

    1 in this area

    33 Total Sales

    Shane Young
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23139703

California Regional Multiple Listing Service (CRMLS)

APN: 7255-002-009

California Los Angeles County Long Beach 90814 Belmont Heights

3627 E 4th St, Long Beach, CA

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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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