Four-Unit Multifamily
New
For Sale
$1,100,000
3514 E 4th, Long Beach, CA 90814
Each residence features a one-bedroom, one-bathroom layout along Long Beach’s 4th Street corridor.
Property Size2,848 SF
Days on Market5
Property Features for 3514 E 4th
General Information
Standard status
Active
Size
2,848 SF
Property subtype
Mixed Use
Financials
Asking Price
$1,100,000
Cap Rate
5.52%
Average Monthly Rent
$1,833
Units
Unit Mix
4 x 1BD/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Building Details
Building Size
2,848 SF
Year Built
1930
Buildings
1
Stories
2
Listing Agency:
Keller Williams Realty Downey
Listed By:
Robert Stepp · License #01456379
(310) 463-2916
Source:
Nolanrossre.kw
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 3:33PM
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 Keller Williams Realty Downey
Investment Insights
Based on property information with market context.
Built in 1930, this multifamily property contains four one-bedroom, one-bathroom residences averaging approximately 712 square feet each. The unit count and layouts offer a consistent configuration across the building.
The property sits east of Redondo Avenue in Long Beach’s 4th Street and Retro Row area, near restaurants, shops, and neighborhood amenities. Its Walk Score is 79, Bike Score is 57, and Transit Score is 55.
The property sits east of Redondo Avenue in Long Beach’s 4th Street and Retro Row area, near restaurants, shops, and neighborhood amenities. Its Walk Score is 79, Bike Score is 57, and Transit Score is 55.
Key Highlights
- Four one‑bedroom, one‑bathroom units
- Units average approximately 712 square feet
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,234
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,224,680
$1.2M
Cap Rate 7%
$874,771
$874.8K
Cap Rate 9%
$680,378
$680.4K
Market Conditions
NOI Build-Up for 2,848 SF
Gross rent
$92.3K $32.40/SF
− Vacancy
−$4.8K −$1.68/SF
EGI
$87.5K $30.72/SF
− OpEx
−$26.2K −$9.21/SF
NOI
$61.2K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,224,680
Cap Rate 7%
$874,771
Cap Rate 9%
$680,378
Alternative Uses
Best Use
Multifamily LT 5
$874.8K
$765.4K – $1.02M
NOI $61,234 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$778.1K
$680.8K – $907.7K
NOI $54,464 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M
NOI $106,737 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,877
Businesses Nearby
Explore this area
Business Placement
Demographics for 90814, CA
19,042
Population
9,939
Households
1.9
Avg Household Size
39
Median Age
56%
College-Educated
92%
High-School Grad
1.3 sq mi
ZIP Area
14,648
Density / Sq Mi
$98,070
Median Household Income
$60,482
Median Earnings
$1,987
Median Rent
$898,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence features a one-bedroom, one-bathroom layout along Long Beach’s 4th Street corridor.
Where is this quadplex located?
The property is located at 3514 E 4th Long Beach, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; Units average approximately 712 square feet; Built in 1930
