Belmont Shore Multifamily Investment
For Sale
$1,950,000
4401 E Division St, Long Beach, CA 90803
High-demand location near 2nd Street and the ocean.
Property Size2,628 SF
Days on Market112
Property Features for 4401 E Division St
General Information
Standard status
Active
Size
2,628 SF
Property subtype
Investment
Building Details
Building Size
2,628 SF
Year Built
1953
Units
5
Listing Agency:
First Manhattan REALTORS
(310) 545-8300
Listed By:
Virginia Rater
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 12 at 8:15AM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,633
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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 E Division St 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).
