433 W 4th Street is a rare 12-unit investment opportunity just 4 blocks from the ocean. 3 Separate buildings consisting of 4 units each with a unit mix of 10-1 bedroom / 1 bath units and 2- 2 bed/ 1 bathroom units. HUGE building Sq. Ft. 8,674 total which is… Read More approximately 722 Sq Ft. per unit these are large spacious units. Individually metered for gas, electricity and water keeps owners expenses down with tenants paying all utilities. Walking distance to Pine Avenue, restaurants, shopping, nightlife, and waterfront attractions that continue to drive demand in one of Southern California’s fastest growing rental markets. With strong rental demand, easy access to the 710 freeway, and continued redevelopment throughout Downtown Long Beach, 433 W 4th Street presents an exceptional opportunity for investors looking to acquire a coastal multi-family asset with immediate cash flow opportunity! Hurry a deal like this will not last long! Read Less
Property listed by The Moore Group, Kristina Moore 7148097608
Listing Snapshot
Days Online
28
Last Updated
Property Type
Apartment
Lot Size
0.1 Acres
Year Built
1919
MLS Number
PW26113501
Additional Details
Building
Built in 1919, 3 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Sidewalks
Cooling
None
Expenses
Operating: $94,390
Fireplaces
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $269,688, Gross ScheduledIncome: $269,688, Net Operating Income: $175,298
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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