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: 517
  • Year Built: 1942
  • HOA: $0 HOA
  • $/Sqft: $264
  • Lot: 20,451 Sqft
  • Property Type: Single Family
  • MLS#: AR16015854
  • MLS:
  • Listing Office: Growth Investment Group, Inc.
  • Listed By: Handoko Chen

Home Features for 4420 E Greenmeadow Road, Long Beach

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Property History for 4420 E Greenmeadow Road, Long Beach

Jan 25, 2016

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4420 E Greenmeadow Rd
  • $3,950,000

    517 days

  • — Bd
  • — Ba
  • 14,941 Sqft
  • $264 /Sqft
  • 20,451 Sqft Lot
  • Built 1942
Built in 1942, this single family house at 4420 E Greenmeadow Rd, Long Beach CA, 90808 is approximately 14,941 square feet and comes with 9 parking spots. It was last listed with a cost per Sqft of $264.

4420 E Greenmeadow Rd, Long Beach CA, 90808 was on the market for 517 days. The median days on the market for properties in this area is 44 with a median list price of $599,900 and median cost per square foot of $435. Its current status is removed under the MLS #AR16015854.

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