$4,700,000
SOLD DEC 5, 2025
1 Bed
2 Baths
14,376 Sq Ft
7,300 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

11% Below List Price

34 Days on Market

Highlights

  • Active Adult
  • 0.17 Acre Lot
  • Laundry Room

About This Home

As of December 2025

This home is located at 518 E 4th St, Long Beach, CA 90802 and is currently priced at $4,700,000, approximately $326 per square foot. This property was built in 1989. 518 E 4th St is a home located in Los Angeles County with nearby schools including Stevenson Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Brian Estes

Re/Max Commercial & Investment Brokerage Phone: 310-963-2894 License #01394559 Listed on: 08/22/2025

Re/Max Commercial & Investment

Last Buyer's Agent

Stephen Lampe

Re/Max Commercial & Investment License #01164364

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 7,300 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 14 Car Garage

Home Design

  • 14,376 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 2 / 76
  • Tax Tract Number 576200
  • Assessor Parcel Number 7281011107
  • $6,145 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • 28 Units
  • Eastside Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 29 Separate Electric Meters
  • 29 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Professional Management Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $205,964
  • Gross Income $574,952
  • Net Operating Income $361,529

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

14

Listing Details

  • CapRate: 6.82
  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 1.00
  • Zoning: LBPD30
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7281011107
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Stories: 5
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 326.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 14.00
  • Total Parking Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7300.00
  • Lot Size Acres: 0.1676

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 574952.00
  • Gross Multiplier: 9.06
  • Gross Operating Income: 567493.00
  • Gross Scheduled Income: 574952.00
  • Insurance Expense: 1.00
  • Lot Size Area: 7300.0000 Square Feet
  • Net Operating Income: 361529.00
  • Number Of Separate Electric Meters: 29
  • Number Of Separate Gas Meters: 29
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 28
  • Operating Expense: 205964.00
  • Rent Control: Yes
  • Total Expenses: 205964.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 76
  • Tax Census Tract: 5762.00
  • Tax Lot: 2
  • Tax Tract Number: 576200
  • TaxOtherAnnualAssessmentAmount: 6145.00

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
12/05/2025 12/05/25 Sold $4,700,000 -11.3% $327 / Sq Ft
09/25/2025 09/25/25 Pending -- -- --
08/22/2025 08/22/25 For Sale $5,300,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25190368

California Regional Multiple Listing Service (CRMLS)