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Sold for $1,760,000
    • Listed by: Younglewin Advisors, Inc. • Shane Young • Contact: 562-318-0213
    Bought with: Younglewin Advisors, Inc.
    $1,760,000

    3627 E 4th St, Long Beach, CA 90814

    6beds
    4baths
    4,000sqft
    Quadruplex
    Built in 1924
    -- sqft lot
    $1,985,200 Zestimate®
    $440/sqft
    $3,984 Estimated rent

    Home value

    $1,985,200

    $1.79M - $2.20M

    $3,984/mo

    Zestimate® history
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    $11,157/mo

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    What's special

    New copper plumbingElectrical upgrades
    We are pleased to present this incredible value-add opportunity in a prime Long Beach location, 3627 E 4th St Long Beach, CA 90814. This property sits on a 6,500+ square foot lot, and is located in one of Long Beach's most sought-after neighborhoods, Belmont Heights. The building currently consists of two 1 bed/1 bath and two 2 bed/1 bath units. This offering allows the possibility for a savvy investor to add ADU's in the rear of the property, for additional income. Not taking into the account the addition of ADU's, 3627 E 4th St currently offers 14% upside in net operating income, upon leasing out all of the units at market rents. The property has recently received new copper plumbing, electrical upgrades, and $50,000 worth of exterior renovations. This investment property is truly a gem, as it has been well taken-care-of, resides in a remarkable location, has development potential, and offers the opportunity for an investor to realize more than 14% in upside

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Young DRE #01963090 562-318-0213,

    Younglewin Advisors, Inc.

    Bought with:

    Shane Young, DRE #01963090

    Younglewin Advisors, Inc.

    Source: CRMLS,MLS#: PW23139703MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,000
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Entry location: 3627 E 4th St
    • Pool features: None
    Lot
    • Size: 6,504 Square Feet
    • Features: Back Yard, Yard
    Details
    • Parcel number: 7255002009
    • Zoning: LBCNR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $440/sqft
    • Tax assessed value: $1,795,200
    • Annual tax amount: $23,782
    • Date on market: 7/31/2023
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/12/2023Sold$1,760,000+0.6%$440/sqft
    Source: CRMLS #PW23139703 Report a problem
    8/26/2023Pending sale$1,750,000$438/sqft
    Source: CRMLS #PW23139703 Report a problem
    7/31/2023Listed for sale$1,750,000+183.4%$438/sqft
    Source: CRMLS #PW23139703 Report a problem
    1/16/2003Sold$617,500+76.4%$154/sqft
    Source: Public Record Report a problem
    6/15/1998Sold$350,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,782 +4.5%$1,795,200 +2%
    2024$22,759 +96.1%$1,760,000 +104.7%
    2023$11,606 +6.4%$859,600 +2%
    2022$10,905 +2.2%$842,746 +2%
    2021$10,673 +0.3%$826,223 +1%
    2020$10,644 $817,752 +2%
    2019$10,644 +4.3%$801,719 +2%
    2018$10,208 $786,000 +2%
    2017$10,208 +1.1%$770,589 +2%
    2016$10,101 +7.7%$755,480 +1.5%
    2015$9,380 +4.7%$744,133 +2%
    2014$8,958 $729,557 +2.5%
    2012-- $712,022 +2%
    2011-- $698,061 +0.8%
    2010-- $692,845 -0.2%
    2009-- $694,492 +2%
    2008-- $680,876 +2%
    2007-- $667,526 +2%
    2006-- $654,439
    2005-- $654,439 +4%
    2004-- $629,028 +63%
    2003-- $385,866 +2%
    2002-- $378,301 +4%
    2000-- $363,614
    Find assessor info on the county website

    Neighborhood: Belmont Heights

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    Estimated market value
    $1,985,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,985,200

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