Mixed-Use Portfolio with
New
For Sale
$4,850,000
4420-4408 E Greenmeadow, Long Beach, CA 90808
Three properties combine SRO units with individually metered retail space and on-site laundry.
Property SizeContact for details
Days on Market5
Property Features for 4420-4408 E Greenmeadow
General Information
Standard status
Active
Property subtype
Multi-Family
Financials
Cap Rate
7.2%
Gross Rent Multiplier
7.83
Additional Details
Multifamily Units
42
Amenities
security cameras
onsite laundry facility
Building Details
Buildings
3
Listing Agency:
Triqor Group
Listed By:
Christopher Walker chris.walker@triqorgroup.com
Source:
Mysandiegoareahomesearch
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 19 at 9:39AM
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 Triqor Group
Investment Insights
Based on property information with market context.
This three-property mixed-use portfolio includes 42 SRO units and 3 retail storefronts at 4420-4408 E Greenmeadow in Long Beach. SRO units range from 100 to 200 square feet, with a combination of private layouts and shared community bathrooms and showers. The properties operate with a 30-day minimum stay model, while the retail spaces have separate gas and electric metering.
Ownership improvements include updated main electrical panels and subpanels throughout the buildings. The 4430 Village building has dedicated 20-amp circuits in SRO rooms, 2 shared showers, 3 toilets, and a newer roof. Security cameras and an on-site laundry facility serve the portfolio. Current income reflects a 7.2% cap rate and 7.83 GRM.
The properties are within walking distance of Long Beach City College and minutes from Lakewood Golf Course, Heartwell Park, Parkview Village retail, and LBX, which offers dining, retail, entertainment, and fitness uses.
Ownership improvements include updated main electrical panels and subpanels throughout the buildings. The 4430 Village building has dedicated 20-amp circuits in SRO rooms, 2 shared showers, 3 toilets, and a newer roof. Security cameras and an on-site laundry facility serve the portfolio. Current income reflects a 7.2% cap rate and 7.83 GRM.
The properties are within walking distance of Long Beach City College and minutes from Lakewood Golf Course, Heartwell Park, Parkview Village retail, and LBX, which offers dining, retail, entertainment, and fitness uses.
Key Highlights
- 42 SRO units and 3 retail storefronts across three mixed‑use properties
- SRO units range from 100 to 200 square feet
- Retail storefronts have individual gas and electric meters
Property Analytics
Current Use
Lease Details
42
Residential units
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Explore this area
Business Placement
Demographics for 90808, CA
39,747
Population
14,803
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
94%
High-School Grad
6.9 sq mi
ZIP Area
5,760
Density / Sq Mi
$131,959
Median Household Income
$71,224
Median Earnings
$2,271
Median Rent
$900,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three properties combine SRO units with individually metered retail space and on-site laundry.
Where is this mixed-use property located?
The property is located at 4420-4408 E Greenmeadow Long Beach, CA.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: 42 SRO units and 3 retail storefronts across three mixed‑use properties; SRO units range from 100 to 200 square feet; Retail storefronts have individual gas and electric meters
