$7,400,000
1827 E 4th Street, Long Beach CA 90802
Multi-Family (19 Units)
Property type
17 days
On market
$488
Price per sqft
8 cars
Garage
2025
Year built
8,767 sqft
Lot size
Home highlights
Open Houses
Overview
Introducing Pike Manor in the heart of Retro Row, one of Long Beach’s most dynamic and supply-constrained coastal neighborhoods. Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional...
Listing provided by: Matthew Firth DRE #01903073, Matthew Firth, Broker
Listing updated: May 19, 2026 at 08:48pm.
Last checked: Jun 3, 2026 at 09:01pm
Source: CRMLS #PW26023461
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 19 | 10 | 19 | — | $2,314 | $43,982 | $45,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 19
Separate Electric Meters: 19
Separate Gas Meters: 19
Separate Water Meters: 1
Dishwasher: 19
Disposal: 19
Ranges: 19
Refrigerator: 19
Rent Control: Yes
Units Leased: 19
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
13.9x
List Price / Annual Gross Rent
Cap Rate
5.07%
NOI / List Price
Gross Scheduled Income: $531,312
Vacancy Allowance Rate: 4%
Operating Expense: $130,159
Net Operating Income: $375,187
Annual Operating Expenses
Gardener: $900
Insurance: $8,615
Maintenance: $4,000
New Taxes: $91,775
Pest Control: $900
Professional Management: $15,663
Trash: $4,800
Water / Sewer: $3,600
Other Expense: $3,600
Interior
Interior Features: Ceiling Fans, High Ceilings, Open Floor Plan, Quartz Counters, Recessed Lighting, Storage, Wired For Data, All Bedrooms Down
Room Type: Bedroom
Flooring: Vinyl
Cooling: Wall Window Units
Heating: Natural Gas, Wall Furnace
Appliances: Dishwasher, Energy Star Qualified Appliances, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Dryer, Washer
Fireplace: None
Laundry: Dryer Included, Washer Included
Accessibility: None
Entry Location: 1
Exterior
Architectural Style: Spanish
Property Attached: Yes
Stories Total: 4
Levels: One
Window Features: Energy Star Qualified Windows
Property Condition: Updated Remodeled
Common Walls: Two Common Walls Or More
Security Features: Closed Circuit Cameras
Lot Features: Near Public Transit
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Photovoltaics Seller Owned
Utilities: Sewer Connected
View: Neighborhood
Garage and Parking
Parking: Controlled Entrance
Garage Spaces: 8
Uncovered Spaces: 0
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7266026036
Additional Parcels: No
Tax Lot: 16
Zoning: LBCNR
Subdivision: Alamitos Beach (AB)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 1827 E 4th Street, Long Beach, CA 90802. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,920,000
Total Interest
$7,550,634
Total Payment
$13,470,634
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$45,277
per month
Property History for 1827 E 4th Street
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90802.
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