4420 E Greenmeadow Rd
Long Beach, CA 90808

Bd   — Ba   14,941 Sqft
The sale is a portfolio sale of 3 properties (4430 E Village Rd, 4408 Greenmeadow Rd, and 4420 Greenmeadow Rd.). The Lakewood Portfolio consists of three (3) properties in the Lakewood Village area of Long Beach with a total of 42 residential units and 3 commercial units. 4408 Greenmeadow Road is a two story mixed use property comprised of 15 units and 3 commercial units. The commercial units, totaling approximately 4,866 square are separately metered for electricity and gas. The 15 units average about 152SF per unit with shared bathrooms and kitchen. The residential units were recently upgraded with new carpet, upgraded bathroom, interior paint, new paint doors, double pane windows, and ceiling fans. Part of the roof was recently replaced. 4420 Greenmeadow Rd is a one story building comprised of 15 units (assessor shows 14 units). The units are averaging about 150 SF per unit. One units is a studio with a bathroom and kitchen and another is dedicated as the on-site manager’s unit. The property has a front office that is connected to the manager’s unit. Property offers a 6.58% CAP RAte on actual numbers (new tax rate) and a whopping 6.30% cash on cash return.
  • Zipcode: 90808
  • Days on Movoto: 275
  • Year Built: 1942
  • HOA:
  • $/Sqft: $264
  • Lot: 20,451 Sqft
  • Property Type: Single Family
  • MLS#: AR16015854
  • MLS:
  • Listing Office: Growth Investment Group, Inc.
  • Listing Broker: Handoko Chen
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Real Estate Market Statistics of 4420 E Greenmeadow Road , Long Beach

Long Beach, California

Total Inventory For Sale

748 Homes

-1% m/m +25% y/y

Median List Price


0% m/m +11% y/y

Median Days On Market

53 Days

+3% m/m +1% y/y

Median House Size

1,498 Sqft

0% m/m +8% y/y

Median Price Per Square Foot

$393 /Sqft

+1% m/m +5% y/y

Median Price

New Listings in Long Beach

3 2 1,045
1733 W 34th St, Long Beach
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Built in 1942, this single family house at 4420 E Greenmeadow Rd is approximately 14,941 square feet and comes with 9 parking spots. It was last listed for $3,950,000 with a cost per Sqft of $264.

4420 E Greenmeadow Rd was on the market for 275 days. The median days on the market for properties in this area is 53 with a median list price of $589,999 and median cost per square foot of $393. Its current status is removed under the MLS #AR16015854.

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