$2,349,000
3011 E 4th Street, Long Beach CA 90814
Multi-Family (8 Units)
Property type
31 days
On market
$367
Price per sqft
N/A
Garage
1963
Year built
6,753 sqft
Lot size
Open Houses
Overview
PRICED TO SELL - 9.7X GRM AND 6.9% CAP AT MARKET RENTS - IN PRIME LONG BEACH. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Located on the East Side of Long Beach close to Belmont Shores and the Traffic Circle. The property is impeccably maintained and professionally managed. Excellent unit mix of 2 and 3...
Listing provided by: Jonathan Swire DRE #01336277 310-948-2631, The Agency
Listing updated: May 6, 2026 at 07:19am.
Last checked: Jun 5, 2026 at 03:30pm
Source: CRMLS #26826121
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 7 | 2 | 1 | — | $2,395 | $2,395 | $2,395 | Unfurnished |
| 1 | 3 | 1 | — | $2,695 | $2,695 | $2,695 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Financial Snapshot
Gross Rent Multiplier
11.3x
List Price / Annual Gross Rent
Cap Rate
5.5%
NOI / List Price
Net Operating Income: $134,000
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Assigned
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 7257005017
Zoning: LBR3T
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 3011 E 4th Street, Long Beach, CA 90814. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,879,200
Total Interest
$2,396,816
Total Payment
$4,276,016
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,475
per month
Property History for 3011 E 4th Street
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90814.
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