Property Detail

433 4th

Long Beach CA 90802

$2,599,000

Status: Active

Property Details

Description

100K PROCE DROP!!! 433 W 4th Street is a rare 12-unit investment opportunity just 4 blocks from the ocean. 3 Separate buildings consisting of 4 units each with a unit mix of 10-1 bedroom / 1 bath units and 2- 2 bed/ 1 bathroom units. HUGE building Sq. Ft. 8,674 total which is approximately 722 Sq Ft. per unit these are large spacious units. Individually metered for gas, electricity and water keeps owners expenses down with tenants paying all utilities. Walking distance to Pine Avenue, restaurants, shopping, nightlife, and waterfront attractions that continue to drive demand in one of Southern California’s fastest growing rental markets. With strong rental demand, easy access to the 710 freeway, and continued redevelopment throughout Downtown Long Beach, 433 W 4th Street presents an exceptional opportunity for investors looking to acquire a coastal multi-family asset with immediate cash flow opportunity! Hurry a deal like this will not last long!

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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