$499,000
323 W 4th 201, 203, Long Beach CA 90802
Multi-Family (2 Units)
Property type
38 days
On market
$666
Price per sqft
0 cars
Garage
1923
Year built
7,503 sqft
Lot size
Home highlights
Open Houses
Overview
Rare opportunity to own two studio units (#201 and #203) in one transaction in the heart of Downtown Long Beach. This is an Own Your Own (OYO) property—meaning buyers purchase shares in a corporation that owns the building, granting exclusive occupancy rights to the units. This structure often offers a more affordable entry point compared to traditional condos. Financing is...
Listing provided by: Juan Huizar DRE #01417642, Sage Real Estate Group, Inc., Ann Te DRE #02239577, Sage Real Estate Group, Inc.
Listing updated: May 28, 2026 at 06:27pm.
Last checked: Jun 3, 2026 at 10:01pm
Source: CRMLS #PW26090859
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $0 | $0 | $1,700 | Unfurnished |
| 1 | 0 | 1 | — | $0 | $0 | $1,650 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Ranges: 2
Rent Control: Yes
Units Leased: 2
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
12.4x
List Price / Annual Gross Rent
Cap Rate
5.48%
NOI / List Price
Gross Scheduled Income: $40,200
Operating Expense: $12,873
Net Operating Income: $27,327
Annual Operating Expenses
Electric: $0
Fuel: $2,016
Insurance: $700
Trash: $2,016
Water / Sewer: $2,016
Interior
Interior Features: Laminate Counters, Open Floor Plan, Entrance Foyer
Room Type: Entry Foyer, Foyer
Flooring: Vinyl
Cooling: None
Heating: None
Appliances: Gas Range, Microwave, Vented Exhaust Fan
Fireplace: None
Laundry: Stacked
Accessibility: None
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 4
Levels: One
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: City Lights, Neighborhood
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7280011066
Additional Parcels: No
Tax Lot: 23,24
Tax Block: 62
Subdivision: Downtown (DT)
Community
HOA: Yes
HOA Fee: $504 / Month
HOA Amenities: Controlled Access, Game Room, Hot Water, Insurance, Trash, Utilities, Water
Senior Community: No
Community Features: Curbs, Storm Drains, Street Lights
Nearby Schools
Nearby schools around the 323 W 4th 201, 203, Long Beach, CA 90802. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$399,200
Total Interest
$509,158
Total Payment
$908,358
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$3,697
per month
Property History for 323 W 4th 201, 203
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90802.
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