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3700 E 4th St
Long Beach, CA 90814 Belmont Heights

$2,450,000 USD

Apartments For Sale  •  6,336 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,336 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 5.69 %
  • Zoning R3, Long Beach
40 Transit Score
70 Walk Score

Highlights

8-unit Belmont Heights multifamily asset in one of Long Beach’s most desirable coastal rental neighborhoods.
Strong in-place rents with ownership keeping rates aligned through regular annual increases.
Desirable unit mix with 4 one-bed/one-bath, 1 two-bed/one-bath, and 3 two-bed/two-bath units.
Four units feature in-unit laundry, with additional on-site laundry available to residents.
Recent 2024 roof replacement adds to the property’s well-maintained physical profile.
Four single-car garages provide convenient parking and supplemental income potential.

Financial Summary (Actual)

Net Operating Income: $139,497 USD (2026)
Cap Rate: 5.69 %
Total Expenses: $75,443 USD

Amenities

  • Laundry Facilities
  • Washer/Dryer

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 4.7 mi
John Wayne/Orange County 27 min - 18.9 mi
Los Angeles International 34 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: OneCarGarage
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap