1827 E 4th St - Apartments FOR SALE


Long Beach, CA 90802
$8,200,000 USD
949-756-3232
1827 E 4th St, Long Beach, CA for Sale
$8,200,000 USD
Apartments - FOR SALE
1/17
null | 4.97% Cap Rate

1827 E 4th St
Long Beach, CA 90802


HIGHLIGHTS

  • Located on the Famous 4th Street “Retro Row” Near Carroll Park and Broadway Corridor
  • Fully Stabilized, Turnkey Asset / $1,600,000 in CAPEX Investment
  • 100% New Building Systems Including Plumbing, Mechanical and Electrical
  • Completely Renovated Units with Stainless Steel Appliances, In-Unit Washer & Dryer, & 9-Foot Ceilings
  • Eight Newly Constructed Tandem Garage Parking Spots with Storage Units
  • Individually Metered for Gas & Electric

OVERVIEW

Triqor Group is proud to present 1827 4th Street in Long Beach, CA. The property presents a rare opportunity to invest in a new, fully stabilized, turnkey asset located in Long Beach’s iconic Retro Row — a vibrant, high-demand neighborhood known for its eclectic charm and walkable lifestyle. Meticulously renovated with over $1,600,000 in upgrades, this 19-unit property offers a seamless blend of 1920s character and modern amenities. No detail has been overlooked in the comprehensive transformation of this property. The building features entirely new electrical systems, including updated city meters, rewired interiors, and newly installed subpanels for each unit. Plumbing has been completely overhauled, with new water lines, waste systems, and gas lines installed throughout. Each unit now includes added water and gas lines to accommodate modern conveniences like washers, dryers, and dishwashers, providing tenants with unmatched functionality and comfort. The designer-managed interior renovations shine with high-end finishes such as shaker-style cabinetry, Calacatta gold quartz countertops, energy-efficient stainless steel appliances, and updated bathroom fixtures. The property also boasts new flooring, custom light fixtures, and fresh paint throughout, ensuring a premium living experience. Exterior improvements include new exterior lighting, upgraded common areas, and weatherproofing for windows and doors. Located on 4th Street Retro Row, this property is surrounded by vintage boutiques, trendy restaurants, and a thriving arts scene. This pedestrian-friendly area boasts a Walk Score of 96, offering a lifestyle that attracts renters and keeps demand high. Whether strolling through nearby Carroll Park, enjoying the energy of the Broadway Corridor, or exploring the eclectic shops and dining options, Retro Row is a hub of activity and charm. This property’s ideal location ensures easy access to downtown Long Beach, major employment centers, and entertainment hotspots, making it a highly desirable option for tenants. Additionally, Retro Row’s dynamic atmosphere, featuring art walks, festivals, and community events, continues to elevate its reputation as one of Long Beach’s most exciting neighborhoods.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$648 USD /SF

# OF UNITS

19

PRICE/UNIT

$431,579

CAP RATE

4.97%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CNR, Long Beach

APN/PARCEL ID

7266-026-036

ASK ABOUT THIS PROPERTY

Chris WalkerTriqor GroupMore Info
949-756-3232

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Chris WalkerTriqor GroupMore Info
949-756-3232

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.