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1545 E 4th St
For Sale $1,647,300 ($345.35 per Sq Ft)
$1,647,300 ($345.35 per Sq Ft)
- 5 Units
- 4,770 Sq Ft
- 7,351 Sq Ft
- Unknown Cap Rate
Description
Great opportunity for a 1031 investor. 5 units located blocks from Retro Row in Long Beach where all the hip restaurants and stores are. Also a short walk from the beach. NOT subject to local rent control, just AB 1482 (CPI + 5% annual increase). The property features a 3 bedroom single family home and a separate 4plex in the rear with 4 1bed/1bath units (2 units upstairs and 2 down). All units have washer dryers in them and have been heavily updated. The electrical was updated in 2017. There is garage and street parking available. This is an excellent property as a 1031 Upleg or for a new investor. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. EMAIL LISTING AGENT FOR MORE INFO INCLUDING AN OM.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,647,300 |
| Property Type | Multi-Family |
| Usable Sqft | 4,770 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7266018026 |
| MLS # | 26660255 |
| Property ID | 291992825 |
| Lot Sqft | 7,351 |
| Zoning | LBCNR |
| Total Units | 5 |
| Days on Market | 79 |
| Original List Price | $1,649,000 |
| Date Updated | May 04, 2026 |
| Date Created | March 05, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 1.00 | $3,200 | $3,200 |
| Unit #2 | 1 | 1.00 | $2,050 | $2,050 |
| Gross Income (Yr) | $ 132,000 |
| Operating Expenses | $ 45,000 |
| Net Income (Yr) | $ 88,000 |
| Cap Rate | 5.30% |
Listing Provided By
Jonathan Swire an agent of . Lic #01336277
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