PRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights - heavily remodeled in 2019 - over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in-place rents. Excellent unit mix for the area with 1 and 2-bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well - new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers - 5.25% 5-year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Sold for $2,400,000
$2,400,000
4308 E 4th St, Long Beach, CA 90814
12beds
8baths
5,119sqft
Multi Family
Built in 1953
-- sqft lot
$2,381,900 Zestimate®
$469/sqft
$3,142 Estimated rent
Home value
$2,381,900
$2.14M - $2.64M
$3,142/mo
Zestimate® history
Owner options
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$3,142/mo
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$3,142/mo
Rent Zestimate®
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$15,108/mo
Est. payment
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$15,108/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jonathan Swire DRE # 01336277 310-948-2631,
The Agency 424-230-3700
Bought with:
Jonathan Swire, DRE # 01336277
The Agency
Source: CLAW,MLS#: 25497543
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 5,119
- Total interior livable area: 5,119 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned
- Covered spaces: 3
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,751 sqft
- Dimensions: 50 x 135
Details
- Additional structures: None
- Zoning: LBR3T
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1953
Community & neighborhood
Location
- Region: Long Beach
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $2,400,000+2.2%$469/sqft |
Source:  CLAW #25497543 Report a problem | ||
| 2/12/2025 | Listed for sale | $2,349,000-2.1%$459/sqft |
Source: CLAW #25497543 Report a problem | ||
| 9/21/2018 | Listing removed | $2,400,000$469/sqft |
Source: Keller Williams Pacific Estate #PW18064504 Report a problem | ||
| 8/23/2018 | Pending sale | $2,400,000$469/sqft |
Source: Keller Williams Pacific Estate #PW18064504 Report a problem | ||
| 3/21/2018 | Listed for sale | $2,400,000$469/sqft |
Source: Keller Williams Pacific Estate #PW18064504 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Belmont Heights
Nearby schools
GreatSchools rating
- 8/10Fremont Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Rogers Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$2,381,900
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
$2,381,900
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