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Belmont Shore Multifamily Investment Opportunity
For Sale
$1,950,000

4401 Division, Long Beach, CA 90803

High-demand location near 2nd Street and the ocean.

Property Size2,628 SF
Days on Market271

Property Features for 4401 Division

General Information

Standard status Active
Size 2,628 SF
Property subtype Mixed Use

Building Details

Building Size 2,628 SF
Year Built 1953
Listing Agency: First Manhattan REALTORS
Listed By: Virginia Rater · License #01500009
Source: Velocityrealtysd
Added: Dec 20, 2025 Changed: Sep 3 Last Checked: Sep 17 at 12:53AM

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 First Manhattan REALTORS

Investment Insights

Based on property information with market context.

Located in the high-demand Belmont Shore area, this multifamily property is situated between the 2nd Street Promenade and the ocean, offering convenient access to nearby restaurants and shops, as well as the beach. The property features a mix of unit types, including two studios, two one-bedroom units, and one two-bedroom unit with one full bath. There are a total of three assigned parking spaces, consisting of two covered carports and one uncovered space. Security cameras are installed outside the building, and each unit is equipped with a separate electric meter. The owner has access to two storage closets, and tenants have access to a laundry room. Each unit includes updated tiled baths and well-appointed kitchens with newer refrigerators, stove/ranges, dishwashers, garbage disposals, and microwaves. The living and bedroom areas feature laminate or vinyl wood-look flooring. The property has a bike score of 75, indicating it is very bikeable, and a walk score of 82, indicating it is very walkable. The transit score is 36, indicating some transit options are available.

Key Highlights

  • High‑demand Belmont Shore location, close to 2nd Street and the beach.
  • Five units: 2 studios, 2 one‑bedrooms, and 1 two‑bedroom.
  • Three assigned parking spaces (two covered).

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Dental Office Grocery & Convenience Store Big Box & Wholesale Store HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,633
Businesses Nearby

Demographics for 90803, CA

32,192
Population
18,516
Households
1.7
Avg Household Size
46
Median Age
61%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
7,852
Density / Sq Mi
$111,500
Median Household Income
$73,944
Median Earnings
$2,073
Median Rent
$1,138,300
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - High-demand location near 2nd Street and the ocean.
Where is this apartment building located?
The property is located at 4401 Division Long Beach, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: High‑demand Belmont Shore location, close to 2nd Street and the beach.; Five units: 2 studios, 2 one‑bedrooms, and 1 two‑bedroom.; Three assigned parking spaces (two covered).
More about this property
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