UNDER CONTRACT
$100K PRICE DROP
4426 N Lakewood Blvd Long Beach, CA 90808
Lakewood VIllage NeighborhoodEstimated payment $17,405/month
Total Views
254,171
14
Beds
10
Baths
7,682
Sq Ft
$351
Price per Sq Ft
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- 7 Car Garage
- Mark Twain Elementary School Rated A-
- Landscaped
- Turnkey
About This Home
4426 N. Lakewood Blvd is a pride-of-ownership 10-unit apartment building in the heart of East Long Beach, just blocks from the fast-growing development near Long Beach Airport. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units on a 7,506 SF lot. Four units have been fully remodeled, and the building has been diligently maintained with rent increases implemented annually. Projected gross monthly rent as of June 1, 2025 is $17,400 ($208,800 annualized), offering strong in-place cash flow and additional upside. The property includes 7 garages, on-site laundry, and tenant-paid gas and electricity (owner covers water). Excellent location less than a mile from new restaurants, infrastructure, and employment hubs near the airport corridor. This is a stabilized, well-performing asset with professional management—perfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.
Listing Agent
Chamberlain Real Estate Brokerage Phone: 562-552-1127 License #02027758 Listed on: 05/20/2025
Co-Listing Agent
Chamberlain Real Estate Brokerage Phone: 562-552-1127 License #01009073
Property Details
Home Type
- Apartment
Year Built
- Built in 1958
Lot Details
- 7,506 Sq Ft Lot
- No Common Walls
- Landscaped
- Paved or Partially Paved Lot
Parking
- 7 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Single Garage Door
Home Design
- Turnkey
Interior Spaces
- 7,682 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 10 Bathrooms
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Legal Lot and Block 6 / A
- Tax Tract Number 1
- Assessor Parcel Number 7182001004
- $1,946 per year additional tax assessments
Community Details
Overview
- 10 Units
- Lakewood Village Subdivision
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- Electric Expense $1,300
- Insurance Expense $5,500
- Maintenance Expense $9,259
- Professional Management Expense $10,039
- Trash Expense $360
- Water Sewer Expense $5,700
- New Taxes Expense $36,713
- Operating Expense $69,121
- Gross Income $1,000
- Net Operating Income $168,040
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Price Changed | $2,699,000 | -3.6% | $351 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $2,799,000 | -- | $364 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
About the Listing Agent
Born at Long Beach Memorial and raised across the OC from Santa Ana to Seal Beach, Josh brings a unique and dynamic experience to his real estate clients. Recognizing the value of laser targeted data marketing, Josh started in 2016 by helping over 2,000 individual real estate investors identify and acquire investment property in California, Florida, Texas & the Carolinas.
With a unique experience as COO of managing over 135 furnished coastal rentals from Long Beach to Newport Beach, Josh
Joshua's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25113000
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
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