Home | Los Angeles County | Long Beach | 90814 | 3514 E 4th
MLS: CRPW26215302 | Status: Active | Price: $1,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 2,466 | 1930 |
3514 E. 4th Street is a charming four-unit multifamily property ideally positioned along Long Beach’s highly desirable 4th Street / Retro Row corridor. Built in 1930, the property offers distinctive vintage character and consists of four oversized 1BD/1BA units averaging approximately 712 square feet. The property is offered at $1,100,000, equating to an attractive $275,000 per unit, with a current 5.52% cap rate. The asset benefits from strong in-place rents and a stable renter profile, providing immediate cash flow with limited reliance on future rent growth. Current rents average approximately $1,833 per unit, compared with an average of $1,915 among the selected rent comparables. With three of the four units already achieving $1,845 per month, the property offers an established income stream while retaining modest additional rental upside. Located east of Redondo Avenue in the heart of the 4th Street / Retro Row area, 3514 E. 4th Street offers residents walkable access to an extensive collection of restaurants, shops, and neighborhood amenities. The combination of a highly desirable Long Beach location, oversized units, strong existing rents and a sub-$300,000- per-unit basis presents a compelling opportunity to acquire a well- positioned four-unit asset in one of the city’s
| Field | Value |
|---|---|
| MLS # | CRPW26215302 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Robert Stepp
Keller Williams Realty Downey
License #: 01456379
Phone: (310) 774-3740
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Jefferson Leadership Academies School | public | 6-8 | 0.34 mi | 7 |
| Mann Elementary School | public | K-5 | 0.35 mi | 7 |
| Fremont Elementary School | public | K-5 | 0.37 mi | 8 |
| Willard Elementary School | public | K-5 | 0.66 mi | 3 |
| Wilson High School | public | 9-12 | 0.70 mi | 6 |
| Burbank Elementary School | public | K-5 | 0.79 mi | 7 |
| Bryant Elementary School | public | K-5 | 0.91 mi | 6 |
| Lowell Elementary School | public | K-5 | 1.16 mi | 7 |
| Rogers Middle School | public | 6-8 | 1.16 mi | 8 |
| Lee Elementary School | public | K-5 | 1.19 mi | 6 |
| Franklin Classical Middle School | public | 6-8 | 1.51 mi | 4 |
| Lincoln Elementary School | public | K-5 | 1.64 mi | 7 |
| Whittier Elementary School | public | K-5 | 1.73 mi | 5 |
| Richard D. Browning High | public | 9-12 | 1.73 mi | 5 |
| Naples Elementary School | public | K-5 | 1.75 mi | 8 |
| Jessie Nelson Academy | public | 6-8 | 1.82 mi | 3 |
| Alvarado Elementary School | public | K-5 | 1.87 mi | 9 |
| Stevenson Elementary School | public | K-5 | 1.91 mi | 5 |
| Robinson Academy | public | K-8 | 2.01 mi | 5 |
| Washington Middle School | public | 6-8 | 2.01 mi | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1242 E 7th St | $1,150,000 | – | – | – | Contingent |
| 1780 Lewis | $1,250,000 | – | – | – | |
| 1567 Elm | $995,000 | – | – | – | PendingDoNotShow |
| 1972 Olive | $1,099,999 | – | – | – | Contingent |
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This listing information is up-to-date as of October 02, 2026. For the most current information, please contact Robert Stepp, (310) 774-3740.