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Sold on 07/25/2025
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4251 E 4th St, Long Beach, CA 90814

$2,785,000

Last sold 07/25/2025 after 65 Days

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    bed

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    bath

Multi-family not for sale
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About 4251 E 4th St

Property type Multi-family
Neighborhood
Year built 1931
HOA fee $0/month
Lot size 6,418 Sqft
Parking 4 garage spaces
Rental estimate
Property description
Classic Spanish 14 units prime Belmont Heights location near 4th & Ximeno Ave. Units consist of 8-1 Br 1 Ba unit and 6 studio apartments. Individual gas meters and master metered for electrical service. Classic Spanish charm and decor throughout. 4 garages. Expenses shown are annual from 2024 (except new prop taxes are included). Located on transit route, near Fremont Elementary and a short distance to 4th St. Retro Row and Colorado Lagoon. Rents shown are actual. Attractive cap rate for multi-family properties in this quality location. First time offered in over forty years!
Listed by
Listing Agent - John Gooding
Listing Agent Contact: 562 756-6500
Listing Office - Vista Sotheby's Int'l Realty
Source: CRMLS mls logo
MLS#PW25109228 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two, Spanish
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1473
Lot Size (SqFt) 6418
Year Built 1931
Interior
Laundry None
Interior Features Tile Counters
Window Features Casement Windows, Wood Frames
Exterior
Foundation Concrete Perimeter, Raised
Construction Stucco
Building Area Square Feet, 9354
Parking Garage, Garage Faces Front, Garage - Single Door
# Parking Spaces 4
# Garage Spaces 4
Other Structures Storage
Lot Description Level With Street, Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer, Sewer Paid
Water Source Public
Electric Electricity - On Property
Pool None
Location
View None
County Los Angeles
Community Features Biking, Curbs, Dog Park, Hiking, Gutters, Lake, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban
Subdivision Belmont Heights (BH), Belmont Heights (BH)
Zoning LBR3T
Directions Ximeno North From Ocean Blvd And Left On 4th St.
APN 7255037020
Multifamily Details
Vacancy Allowance Rate 5
Vacancy Allowance 13320
Gross Spendable Income 161456
Operating Expense 91624
Cap Rate 5.99
Expense: Insurance 5509
Total Expenses 91624
Expense: Maintenance 24551
Expense: Water/ Sewer 6354
Gross Income 3000
Gross Operating Income 253080
Expense: Electric 8521
Gross Multiplier 9.88
Gross Scheduled Income 266400
Expense: Supplies 2000
Expense: Gardener 1317
Lot/ Land Details
Road Frontage City Street
Rental est.: $1,901/month
Gross rent multiplier: 122.1
  • Jul 2025
    mls logo MLS # PW25109228
  • Jul 25, 2025 Sold
    $2,785,000
  • Jun 27, 2025 Pending
    —
  • May 28, 2025 Active
    —
  • May 21, 2025 Listed
    $2,695,000
  • Jul 2025
    Public Records
  • Jul 25, 2025 Sold
    $2,785,000 (+3.3%)
  • Year Property taxes Tax assessment
  • 2024
    $11,873 +2.0%
    $752,700 +2.0%
  • 2023
    $11,644 +6.1%
    $737,971 +2.0%
  • 2022
    $10,980 +2.8%
    $723,530 +2.0%
  • 2021
    $10,679 +0.3%
    $709,373
  • 2020
    $10,648
    $709,373
  • 4251 E 4th St
    $2.78M
  • Belmont Heights
    $759K -17% y/y
  • 90814
    $570K +2% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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9/10
Fremont Elementary School
public Grades K-5
Long Beach Unified School District
7/10
Rogers Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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