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Sold on 08/06/2024
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1535 E 4th St, Long Beach, CA 90802

$1,500,000

Last sold 08/06/2024 after 106 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 1535 E 4th St

Property type Multi-family
Neighborhood
Year built 1909
HOA fee $0/month
Lot size 7,533 Sqft
Parking 5 garage spaces
Rental estimate
Property description
Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached back house is also a Large 1bedroom-1bathroom with dinning area, front yard and backyard; this house has room to add additional square footage possibly turning into a 2 bedroom and also converting the garage into a Junior ADU. Please verify with city of Long Beach. These units have a 5 car garage off alley. Central courtyard for entertaining. A few blocks to the ocean. Live in one unit and let the other units help cover your mortgage. Freshly painted, quiet area, great neighborhood! A Rare find.
Listed by
Listing Agent - Jocelyn Thav
Listing Agent Contact: 562-787-3243
Listing Office - Jocelyn Thav, Broker
Source: CRMLS mls logo
MLS#PW24080313 • last updated 2 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 0.1729
Lot Size (SqFt) 7533
Property Tax 7736
Year Built 1909
Interior
Exterior
Building Area Square Feet, 2841
Roof Shingle
Parking Garage
# Parking Spaces 5
# Garage Spaces 5
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Urban
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Zoning LBCNR
Directions Walnut And 4th Street
APN 7266018025
Multifamily Details
Operating Expense 12636
Expense: Insurance 2500
Total Expenses 22900
Expense: Water/ Sewer 1500
Gross Income 78636
Gross Scheduled Income 91272
Expense: Gardener 900
Lot/ Land Details
Rental est.: $1,230/month
Gross rent multiplier: 101.6
  • Aug 2024
    mls logo MLS # PW24080313
  • Aug 7, 2024 Sold
    $1,500,000
  • Jul 2, 2024 Pending
    —
  • May 8, 2024 Active
    —
  • Apr 22, 2024 Listed
    $1,699,000 (+80.7%)
  • Aug 2024
    Public Records
  • Aug 6, 2024 Sold
    $1,500,000 (-11.7%)
  • Jan 2018
    mls logo MLS # SR17247234
  • Jan 31, 2018 Price Change
    $940,000 (-5.5%)
  • Jan 13, 2018 Listed
    —
  • Dec 19, 2017 Active
    —
  • Nov 17, 2017 Price Change
    $995,000 (-4.8%)
  • Oct 30, 2017 Listed
    $1,045,000 (+127.2%)
  • Oct 2013
    mls logo MLS # RS13022003
  • Oct 16, 2013 Sold
    $460,000
  • Feb 12, 2013 Listed
    $479,000
  • May 2013
    Public Records
  • May 7, 2013 Sold
    $460,000 (-4.0%)
  • Year Property taxes Tax assessment
  • 2024
    $7,874 +1.8%
    $555,337
  • 2023
    $7,736 +6.3%
    $555,337 +4.04%
  • 2022
    $7,281 +2.3%
    $533,775 +2.0%
  • 2021
    $7,121 +0.3%
    $523,310
  • 2020
    $7,102
    $523,310
  • 1535 E 4th St
    $1.5M
  • Franklin School
    $495K +25% y/y
  • 90802
    $450K -9% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
Burbank Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Franklin School

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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