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Mixed-Use Portfolio with Retail

4420-4408 E Greenmeadow, Long Beach, CA 90808

For Sale
$4,850,000

Three properties combine SRO units with individually metered retail space and on-site laundry.

Property SizeContact for details
Days on Market112

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

Site & Location

Neighborhood Lakewood Village

Additional Details

Multifamily Units 42

Amenities

security cameras
onsite laundry facility

Building Details

Buildings 3
Listing Agency: Triqor Group
Listed By: Christopher Walker · License CA #01905338
Source: Mysandiegoareahomesearch
Added: Jul 26 Changed: Nov 8 Last Checked: Nov 10 at 12:58PM

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

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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.

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

Storefront properties

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Grocery & Convenience Store Computer & Electronic Repair Food Market

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

Lease Details

42
Residential units

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby

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

Average Price Trend$/SF for Mixed-use properties in Long Beach, CA

$234 Jul
$338 Aug
$290 Sep
$348 Oct

Properties on Market for Mixed-use properties in Long Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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