$1,950,000

4401 E Division St Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated payment $12,198/month

Total Views 31
4 Beds
5 Baths
2,628 Sq Ft
$742 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Lowell Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

This is a high demand Belmont Shore location between the 2nd Street Promenade and the ocean - Just a few minutes walk to restaurants and shops on 2nd Street, or walk three blocks south to the beach.
This property has 2 studios, 2 one bedrooms, and 1 two bedroom w/ one full bath. There's also a total of three assigned parking spaces: two are covered carports and one is an uncovered space next to the carports. Outside the building there are security cameras and each unit has a separate electric meter.
The owner has two storage closets and there's also a laundry room for tenants. Every unit features updated tiled baths, bright clean, well-appointed kitchens with newer refrigerators, stove/ranges, dishwashers, garbage disposals and microwaves. The living and bedroom floors are laminate or vinyl wood look flooring. PLEASE DO NOT DISTURB TENANTS.

Listing Agent

Virginia Rater

First Manhattan REALTORS Brokerage Phone: 310-818-6309 License #01500009 Listed on: 12/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 3,149 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,628 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Appliances
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 9 / 4
  • Tax Tract Number 3885
  • Assessor Parcel Number 7256025012
  • $19,743 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $453
  • Fuel Expense $1,236
  • Gardener Expense $1,080
  • Insurance Expense $4,044
  • Maintenance Expense $2,600
  • Other Expense $4,106
  • Trash Expense $2,929
  • Water Sewer Expense $1,595
  • New Taxes Expense $19,743
  • Operating Expense $37,786
  • Gross Income $120,300
  • Net Operating Income $76,499

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.92
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 1595.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7256025012
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 742.01

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 2929.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3149.00
  • Lot Size Acres: 0.0723
  • Latitude Manual: 33.76095100

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 520 Square Feet
  • Average2 Bed Area: 760 Square Feet
  • Average Studio Area: 380 Square Feet
  • Electric Expense: 453.00
  • Fuel Expense: 1236.00
  • Gross Income: 120300.00
  • Gross Multiplier: 16.21
  • Gross Operating Income: 114285.00
  • Gross Scheduled Income: 120300.00
  • Insurance Expense: 4044.00
  • Lot Size Area: 3149.0000 Square Feet
  • Maintenance Expense: 2600.00
  • Net Operating Income: 76499.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 37786.00
  • Other Expense: 4106.00
  • Other Expense Description: MISC.
  • Rent Control: No
  • Total Expenses: 37786.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 19743.00
  • Tax Area: 05500
  • Tax Block: 4
  • Tax Lot: 9
  • Tax Tract Number: 3885
  • TaxOtherAnnualAssessmentAmount: 19743.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2025 12/20/25 For Sale $1,950,000 -- $742 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25278411

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90803 Belmont Shore

4401 E Division St, Long Beach, CA

For Sale

MultiFamily

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Virginia Rater
Listing Agent
Virginia Rater
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First Manhattan REALTORS
(310) 818-6309