1731 4th Street, Long Beach, CA, 90802

1731 4th Street, Long Beach, CA, 90802 < >
for sale
Year Built:1948
Status:Active Under Contract
MLS #:RS17202002
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
Get More Information
Go See This Home
This is an incredible investment opportunity to purchase a prime mixed-use landmark building in Long Beach with huge cash flow potential. Property is located in the heart of the Retro Row Corridor consisting of (1) retail/commercial space encompassing approx. 4,200 square feet and (1) 3 Bed / 1 Bath residential unit in the back over (4) on-site garages. The current owner operates the local staple "Ashley's on 4th Restaurant & Bar" in the 4,200 SF space and rents the rear 3 bed / 1 bath residential unit for $2,000/mth. Owner also leases the parking lot across the street (16 spaces) for $1,000/mth located at 1720 E 4th Street, which can be assigned to the Buyer. Per the Seller, industrial A/C & refrigeration units are newer, roughly 90% of electrical has been upgraded, new sewer line 8 years ago and has 100% copper plumbing. Great opportunity for a Buyer to make some capital improvements and re-rent the retail & residential units at market rents to increase cash flow.
Exterior Details
Roof: Flat

Community Information
County Or Parish: Los AngelesDirections: West of Cherry corner of 4th & Hermosa
MLS Area Major: 2 - Belmont Heights, Alamitos Heights

Property Information From MLS Data
Business Type: Commercial, Food & Beverage, Mixed, Restaurant, RetailNumber Of Buildings: 2
Property Sub Type: Mixed UseYear Built: 1948
Zoning: CNR

Water Source: Public

Properties near 1731 4th Street
Enter Location: 
(e.g, "San Antonio, TX", "LAX", "Soldier Field, Chicago IL", "Augusta Country Club, GA")
Property Type:  Beds:    Baths: 
Price Range:  to 

Processing... Loading...
Schools near 1731 4th Street
ChalkScore® for 1731 4th Street
ChalkScore® by Movoto
Jobs near 1731 4th Street
Market Stats for 1731 4th Street
Monthly Payment for 1731 4th Street
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$1,436,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Andrew McAllister, Nationwide Real Estate Execs

Information obtained from CACRMLS is current as of 12/14/2017 2:29 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.