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Sold on 12/01/2025
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1917 E 4th, Long Beach, CA 90802

$3,060,000

Last sold 12/01/2025 after 21 Days

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    bed

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    bath

Multi-family not for sale

About 1917 E 4th

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 0.28 Acre
Parking 7 garage spaces
Rental estimate
Property description
1917 E. 4th Street is an 18-unit apartment building located in the heart of Long Beach’s highly sought-after 4th Street / Retro Row district. This property offers investors the opportunity to acquire a well-positioned asset in a supply-constrained rental market at an attractive 9.55 GRM on current rents. The building offers an attractive mix of studio, one-, two-, and three- bedroom units. On-site laundry and parking, generate additional income streams. Recent capital improvements include new electrical subpanels and new windows installed throughout the building within the past seven years. The property includes 7 parking garages and one surface space in a neighborhood where parking is often limited. Recognized in publications such as The New York Times, Sunset Magazine, and The New Yorker, 4th Street / Retro Row is a vibrant, pedestrian- and bike-friendly corridor, home to 40+ independent merchants. The area is celebrated for its eclectic mix of vintage and contemporary clothing, furniture, accessories, art, antiques, and collectibles, as well as a diverse range of acclaimed restaurants, cafés, wine bars. With its prime location, strong rental fundamentals, and recent upgrades, 1917 E. 4th Street represents a compelling investment opportunity for buyers seeking stable income and long-term value in one of the city’s most dynamic submarkets.
Listed by
Listing Agent - Robert Stepp
Listing Agent Contact: 310-463-2916
Listing Office - Keller Williams Realty Downey
Source: CRMLS mls logo
MLS#PW25236303 • last updated 10 months ago
Movoto checked CRMLS for data 1 minute ago
Overview
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 0.2846
Lot Size (SqFt) 12396
Year Built 1923
Interior
Laundry Community
Exterior
Building Area Square Feet, 10171
# Uncovered Spaces 1
# Parking Spaces 8
# Garage Spaces 7
Lot Description 16-20 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Neighborhood 4th Street Retro Row
Directions E 4th St
APN 7266026004
Multifamily Details
Expense: Trash 4050
Operating Expense 136924
Cap Rate 6.65
Expense: Insurance 20000
Total Expenses 136924
Expense: Maintenance 12600
Expense: Water/ Sewer 4050
Gross Income 396156
Expense: Electric 4050
Gross Multiplier 9.55
Gross Scheduled Income 408408
Expense: Fuel 4050
Expense: Gardener 1200
Rental est.: $1,230/month
Gross rent multiplier: 207.3
  • Dec 2025
    mls logo MLS # PW25236303
  • Dec 2, 2025 Sold
    $3,060,000
  • Nov 25, 2025 Pending
    —
  • Nov 17, 2025 Active
    —
  • Nov 10, 2025 Listed
    $3,900,000 (+122.9%)
  • Dec 2025
    Public Records
  • Dec 1, 2025 Sold
    $3,060,000 (-21.5%)
  • Jun 2004
    Public Records
  • Jun 25, 2004 Sold
    $1,750,000
  • Year Property taxes Tax assessment
  • 2024
    $31,641 +1.6%
    $2,441,202
  • 2023
    $31,134 +6.5%
    $2,441,202 +2.0%
  • 2022
    $29,234 +2.1%
    $2,393,372 +4.04%
  • 2021
    $28,645 +0.3%
    $2,300,508
  • 2020
    $28,566 +4.3%
    $2,300,508 +5.11%
  • 2018
    $27,400
    $2,188,598
  • 1917 E 4th
    $3.06M
  • 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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Source: GreatSchools.org © 2026. All rights reserved.

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