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1545 E 4th St, Long Beach, CA 90802

  • $1,646,000

    •

  • 7

    bed

  • 6

    bath

  • 4,770

    Sqft ($345/Sqft)

Multi-family for sale 104 days
$1.3K price drop
Movoto is helping 68 homebuyers near you

About 1545 E 4th St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 7,351 Sqft
Movoto estimate
Property description
Great opportunity for a 1031 investor. 5 units located blocks from Retro Row in Long Beach where all the hip restaurants and stores are. Also a short walk from the beach. NOT subject to local rent control, just AB 1482 (CPI + 5% annual increase). The property features a 3 bedroom single family home and a separate 4plex in the rear with 4 1bed/1bath units (2 units upstairs and 2 down). All units have washer dryers in them and have been heavily updated. The electrical was updated in 2017. There is garage and street parking available. This is an excellent property as a 1031 Upleg or for a new investor. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. EMAIL LISTING AGENT FOR MORE INFO INCLUDING AN OM.
Listed by
Listing Agent - Jonathan Swire
Listing Office - The Agency
Source: The MLS mls logo
MLS#26660255 • last updated 1 week ago
Movoto checked The MLS for data 11 minutes ago
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Overview
Levels/Style Two
MLS # 26660255
Type Residential Income
Status Active
SqFt 4770
Lot Size (SqFt) 7351
Lot Size (Acres) 0.1688
Year Built 1923
Interior
Total # of Baths 6
Total # of Bedrooms 7
Exterior
# Parking Spaces 5
Parking Desc Assigned
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LBCNR
APN 7266-018-026
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 3200
Unit 1: # Beds 3
Unit 1: Rent 3200
Unit 2: Rent 2050
Unit 2: Furnished No
Unit 2: Projected Rent 2050
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 2050
Unit Type 2106, 2107
Unit 1: Actual Rent 3200
Total # Of Buildings 2
Net Operating Income 88000
Cap Rate 5.3
Vacancy Rate 0%
Gross Income 137000
Gross Operating Income 132000
Gross Rent Multiplier 12
Total Annual Expenses 45000
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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

Explore everything this neighborhood has to offer. Learn more about Franklin School.
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81/100
Walk
69/100
Family
89/100
Dining
96/100
Pet
  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90802
  • Franklin School
  • 1545 E 4th St

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