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1827 E 4th St
Long Beach, CA 90802 Downtown Long Beach

$7,780,000 USD

Apartments For Sale • 15,168 SF

Property Details

Property Type Apartments
Total Building Size 15,168 SF
Lot Size 0.21 AC
Building Class B
Year Built 1928
Cap Rate 5.00 %
Zoning CNR, Long Beach

50 Transit Score

96 Walk Score

                
                    Highlights
                
                                $2.37M tax benefit with accelerated depreciation via cost segregation is a massive financial incentive.
                            
                                Low ownership overhead: Rooftop solar, separate meters, and drought-tolerant landscaping reduce operational costs.
                            
                                Rare Parking/Storage: Includes 7 garage spaces and storage lockers, which are high-demand luxuries in Long Beach
                            
                                $512/SF price point is below replacement cost
                            
                                Essentially new construction: 17 re-built units (2023) and 2 ground-up units (2025).
                            
                                100% New Major Systems: All-new plumbing, electrical, and mechanical infrastructure mitigates the risk of hidden defects.

Property Flyers

1827 E 4th St OM Presentation_March_compressed

Financial Summary (Proforma)

Net Operating Income: $386,871 USD (2026)

Cap Rate:	5.00 %
Total Expenses:	$135,233 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Urbaneer Investments - 1827 E 4th St

Amenities

24 Hour Access
Controlled Access
Dishwasher
Disposal
Fireplace
Microwave
Property Manager on Site
Storage Space
Tenant Controlled HVAC
Washer/Dryer
Heating
Bay Window
Ceiling Fans
Kitchen
Hardwood Floors
Vaulted Ceiling
Refrigerator
Oven
Range
Tub/Shower
Walk-In Closets
Bicycle Storage
Breakfast Nook
Den
Dining Room
Double Pane Windows
Family Room
Freezer
Porch
Walk-Up
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	10 min	-	3.9 mi
John Wayne/Orange County	30 min	-	20.1 mi
Los Angeles International	34 min	-	22.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Matthew Firth 562-760-9447 Terrace Property Management INC

1827 E 4th St Long Beach, CA 90802 Downtown Long Beach