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Sold for $1,500,000
  • Listing Provided by: Re/Max R. E. Specialists
    Bought with: Buckingham Investments, Inc
    Tax assessed value
    $1,500,000

    1616 E 4th St, Long Beach, CA 90802

    6beds
    6baths
    5,300sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $-- Zestimate®
    $283/sqft
    $4,320 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,320/mo

    Zestimate® history
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    What's special

    Classic art deco featuresGreat community outdoor spaceHigh ceilingsBreakfast nooksCustom built-insGranite countersHardwood flooring
    Fantastic Investment Opportunity! Located in the trendy and hip Retro Row neighborhood of Long Beach! 4) very spacious 1 bedroom units with classic art deco features, including classic mock-fireplaces in all of the livingrooms. Lovely archways between the Living and Dining rooms. Hardwood flooring custom built-ins and high ceilings, Plus extra closet space. The kitchens have gorgeous art deco tile back splashes and some with granite counters and breakfast nooks. The baths have custom 20's style flooring. All 4 of these units come with their own private garage. The back building has 2) 1 bedroom units over the 4 garages, also with classic art deco features, built-ins and hardwood floors. There is a very large outdoor lawn with a patio between the two buildings, which creates a great community outdoor space for the occupants. All interior photos were previously taken by the owners of the property. Mostly long term tenants so there is definately an upside to the rental income. Just 4 blocks to the beach, and walking distance to award winning restaurants, amazing boutiques, art galleries and antique shops. The seller will entertain carrying the First Trust Deed!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Cynthia Voss DRE #00881330 562-884-3930,

    Re/Max R. E. Specialists,

    Nathan Walter DRE #01955448 562-714-6085,

    Re/Max R. E. Specialists

    Bought with:

    Christopher Crosby, DRE #02116879

    Buckingham Investments, Inc

    Source: CRMLS,MLS#: PW24002716MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room, See Remarks
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,300
    • Total interior livable area: 5,300 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Covered, Garage
    • Garage spaces: 4
    Features
    • Entry location: front
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,733 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7275016005
    • Zoning: LBCNR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Sidewalks, Urban
    Location
    • Region: Long Beach
    • Subdivision: Alamitos Beach (Ab)

    HOA & financial

    Other financial information
    • Total actual rent: 10865

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    12/24/2024Sold$1,500,000-16.7%$283/sqft
    Source: CRMLS #PW24002716 Report a problem
    12/20/2024Pending sale$1,800,000$340/sqft
    Source: CRMLS #PW24002716 Report a problem
    12/8/2024Contingent$1,800,000$340/sqft
    Source: CRMLS #PW24002716 Report a problem
    8/28/2024Listing removed--
    Source: CRMLS #PW24141556 Report a problem
    7/10/2024Listed for rent$2,195+10%
    Source: CRMLS #PW24141556 Report a problem
    7/1/2024Listed for sale$1,800,000$340/sqft
    Source: CRMLS #PW24002716 Report a problem
    6/4/2024Contingent$1,800,000$340/sqft
    Source: CRMLS #PW24002716 Report a problem
    5/23/2024Price change$1,800,000-5.3%$340/sqft
    Source: CRMLS #PW24002716 Report a problem
    3/2/2024Price change$1,900,000-4.8%$358/sqft
    Source: CRMLS #PW24002716 Report a problem
    1/25/2024Price change$1,995,000-5%$376/sqft
    Source: CRMLS #PW24002716 Report a problem
    1/5/2024Listed for sale$2,100,000+356.5%$396/sqft
    Source: CRMLS #PW24002716 Report a problem
    6/14/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/27/2022Listed for rent$1,995
    Source: Zillow Rental Manager Report a problem
    12/19/2002Sold$460,000$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,425 +117.8%$1,500,000 +129.7%
    2024$9,377 +1.8%$653,151 +2%
    2023$9,212 +6.2%$640,345 +2%
    2022$8,671 +2.4%$627,790 +2%
    2021$8,465 +0.3%$615,482 +1%
    2020$8,441 $609,172 +2%
    2019$8,441 +4.5%$597,228 +2%
    2018$8,078 $585,519 +2%
    2017$8,078 +1.1%$574,039 +2%
    2016$7,993 +7.8%$562,785 +1.5%
    2015$7,415 +4.3%$554,332 +2%
    2014$7,112 $543,474 +2.5%
    2012-- $530,412 +2%
    2011-- $520,013 +0.5%
    2009-- $517,356 +4%
    2007-- $497,268 +2%
    2006-- $487,518 +4%
    2004-- $468,588 +564.6%
    2002-- $70,512 +4%
    2000-- $67,777

    Find assessor info on the county website

    Neighborhood: Alamitos Beach

    Nearby schools

    GreatSchools rating
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