Renovated Mixed-Use Retro Row
For Sale
$1,999,000
1427 E 4th Long, Long Beach, CA 90802
Fully renovated mixed-use property in Long Beach's Retro Row.
Property Size5,065 SF
Price / SF$394.67
Days on Market246
Property Features for 1427 E 4th Long
General Information
Standard status
Active
Size
5,065 SF
Property subtype
Apartment
Building Details
Building Size
5,065 SF
Year Built
1929
Stories
1
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Olga Wright · License #01315042
(310) 801-7373
Source:
Kw
Added: Feb 10
Changed: Oct 13
Last Checked: Oct 12 at 6:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
Located in the heart of Long Beach’s high-traffic Retro Row, 1427 E 4th St is a fully renovated 5,065 SF mixed-use property. The building features 2 street-level retail units, currently leased to a coffee shop and an upscale salon under long-term leases. Additionally, there are 4 residential units, including 2 one-bedroom units and 2 studios, all fully upgraded and turnkey. The property is positioned to provide immediate cash flow. The retail spaces benefit from consistent foot traffic and destination-level visibility. The residential units perform well in a low-vacancy rental market. Recent comprehensive renovations suggest minimal maintenance requirements and potential for rent growth. Situated in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.
Key Highlights
- Prime location in high‑traffic Retro Row, Long Beach.
- Fully renovated, turnkey property with minimal maintenance.
- Strong 6.60% Cap Rate with immediate cash flow.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,861
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,937,220
$1.9M
Cap Rate 7%
$1,383,729
$1.4M
Cap Rate 9%
$1,076,233
$1.1M
Market Conditions
NOI Build-Up for 5,065 SF
Gross rent
$185.4K $36.60/SF
− Vacancy
−$9.3K −$1.83/SF
EGI
$176.1K $34.77/SF
− OpEx
−$79.2K −$15.65/SF
NOI
$96.9K $19.12/SF
Area
Long Beach, CA
Vacancy
5.00%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,937,220
Cap Rate 7%
$1,383,729
Cap Rate 9%
$1,076,233
Alternative Uses
Best Use
Apartment 5plus
$1.38M
$1.21M – $1.61M
NOI $96,861 @ 7.0% cap · market cap 4.85%
Second Best
Mixed Use
$1.26M
$1.10M – $1.47M
NOI $88,321 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,825 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
2,182
Businesses Nearby
Explore this area
Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully renovated mixed-use property in Long Beach's Retro Row.
Where is this mixed-use property located?
The property is located at 1427 E 4th Long Long Beach, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Prime location in high‑traffic Retro Row, Long Beach.; Fully renovated, turnkey property with minimal maintenance.; Strong 6.60% Cap Rate with immediate cash flow.
