Listed by Olga Wright, DRE #01315042 • Lyon Stahl Investment Real Estate, Inc.
$1,999,000
Est. payment /mo
2,951 Sqft Lot
Contingent
1427 E 4th Long Beach, CA 90802
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Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSB26028039
Year Built 1929
Lot Size 2,951 Sqft
Source California Regional MLS
Property Description
Prime Mixed-Use Investment | Retro Row - Long Beach*** 1427 E 4th St is a fully renovated property located in the heart of Long Beach's high-traffic Retro Row. The 5,065 SF building consists of 2 street-level retail units (leased to a popular Coffee Shop and an Upscale Healing Station on long-term leases) and 4 residential units (2 one-bedroom units and 2 studios), all fully upgraded and turnkey. Offered at the BEST PRICE PER SQ.FT. in the market, the property delivers a 6.60% Cap Rate with strong NOI and IMMEDIATE CASH FLOW. Retail benefits from consistent foot traffic and destination-level visibility, while residential units perform well in a low-vacancy rental market. Recent comprehensive renovations translate to minimal maintenance and solid upside through rent growth. Located in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Community Facility
Exterior
Garage Spaces 2.0
Pool None
Building
Lot Description Paved
Water District - Public
Others
Tax ID 7266018036
Special Listing Condition Not Applicable , Accepting Backups
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