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Sold on 09/30/2025
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1631 E 4th St, Long Beach, CA 90802

$1,700,000

Last sold 09/30/2025 after 133 Days

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    bed

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    bath

Multi-family not for sale

About 1631 E 4th St

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Lot size 6,534 Sqft
Rental estimate
Property description
1631 East 4th Street features 8 multifamily units and a commercial suite located in the North Alamitos Beach neighborhood of Long Beach, CA. 1631 East 4th Street offers a unique mix of studio, one, and two-bedroom residential units behind a single-story commercial suite. The gated property features 3 buildings and offers four surface parking spaces in the rear of the property. Situated in a fantastic Long Beach location within the North Alamitos Beach neighborhood, 1631 East 4th Street is surrounded by an abundance of retail, dining, and entertainment options, as well as employers. The property is situated just blocks east of Retro Row, a collection of eclectic shops and restaurants, as well as 0.75 miles west of Downtown Long Beach, the city’s cultural and economic center. Additionally, residents enjoy the properties close proximity to an abundance of everyday needs at Grocery Outlet and El Mercado. Furthermore, 1631 East 4th Street benefits from its location, providing easy access to a wide variety of local amenities including, The Pike Outlets, Long Beach Convention & Entertainment Center, Alamitos Beach, and more. In summary, 1631 East 4th Street’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool.
Listed by
Listing Agent - Tyler Leeson
Listing Agent Contact: Tleeson@marcusmillichap.com
Listing Office - Marcus & Millichap RE Invest
Source: CRMLS mls logo
MLS#OC25112766 • last updated 1 year ago
Movoto checked CRMLS for data 7 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.15
Lot Size (SqFt) 6534
Year Built 1947
Interior
Exterior
Building Area Square Feet, 4734
# Uncovered Spaces 4
# Parking Spaces 4
Lot Description Level With Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Gutters, Sidewalks
Subdivision Other, Other (OTHR)
Zoning LBCNR
Directions Cross Streets Of East 4th Street & Gaviota Avenue
APN 7266019026
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 5527
Expense: Trash 1304
Operating Expense 62853
Cap Rate 6.62
Expense: Insurance 9000
Total Expenses 62853
Expense: Maintenance 6300
Expense: Water/ Sewer 1304
Gross Income 184248
Gross Operating Income 178721
Expense: Electric 1304
Gross Multiplier 9.5
Gross Scheduled Income 184248
Expense: Fuel 1304
Rental est.: $1,230/month
Gross rent multiplier: 115.2
  • Sep 2025
    mls logo MLS # OC25112766
  • Sep 30, 2025 Sold
    $1,700,000
  • Jul 30, 2025 Pending
    —
  • Jul 16, 2025 Active
    —
  • Jul 2, 2025 Price Change
    $1,750,000 (-7.9%)
  • Jun 16, 2025 Price Change
    $1,900,000 (-5.0%)
  • May 20, 2025 Listed
    $2,000,000 (+73.9%)
  • Sep 2025
    Public Records
  • Sep 30, 2025 Sold
    $1,700,000 (-2.9%)
  • Nov 2014
    Public Records
  • Nov 21, 2014 Sold
    $1,150,000 (+64.5%)
  • Apr 2004
    Public Records
  • Apr 30, 2004 Sold
    $699,000
  • Year Property taxes Tax assessment
  • 2024
    $21,162 +11.1%
    $1,561,434
  • 2023
    $19,051 +6.5%
    $1,561,434 +14.47%
  • 2022
    $17,896 +2.2%
    $1,364,016 +2.0%
  • 2021
    $17,511 +0.3%
    $1,337,289
  • 2020
    $17,467
    $1,337,289
  • 1631 E 4th St
    $1.7M
  • Franklin School
    $495K +22% y/y
  • 90802
    $459K -8% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
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Source: GreatSchools.org © 2026. All rights reserved.

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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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