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3011 E 4th St
Long Beach, CA 90814 Eastside Long Beach

$2,349,000 USD

Apartments For Sale • 6,403 SF

Property Details

Property Type Apartments
Total Building Size 6,403 SF
Lot Size 0.15 AC
Building Class C
Year Built 1963
Cap Rate 5.50 %
Zoning LBR3T

40 Transit Score

70 Walk Score

                
                    Highlights
                
                                PRICED TO SELL - 9.7X GRM AND 6.9% CAP AT MARKET RENTS - IN PRIME LONG BEACH. 
                            
                                Excellent Unit Mix of all 2 & 3 bedrooms
                            
                                200 AMP electrical - Buyer to verify
                            
                                EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM. 
                            
                                Excellent East Side location close to Belmont Shores and the Traffic Circle

Financial Summary

Cap Rate:

5.50 %

Amenities

Air Conditioning
Dishwasher
Disposal
Heating
Oven
Tub/Shower

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	10 min	-	4.7 mi
John Wayne/Orange County	28 min	-	19.3 mi
Los Angeles International	34 min	-	23.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Jon Swire 310-948-2631 The Agency

3011 E 4th St Long Beach, CA 90814 Eastside Long Beach