3514 E 4th, Long Beach, CA 90814

• 2,848 sqft

Property Description

3514 E. 4th Street is a charming four-unit multifamily property ideally positioned along Long Beach’s highly desirable 4th Street / Retro Row corridor. Built in 1930, the property offers distinctive vintage character and consists of four oversized 1BD/1BA units averaging approximately 712 square feet. The property is offered at $1,100,000, equating to an attractive $275,000 per unit, with a current 5.52% cap rate. The asset benefits from strong in-place rents and a stable renter profile, providing immediate cash flow with limited reliance on future rent growth. Current rents average approximately $1,833 per unit, compared with an average of $1,915 among the selected rent comparables. With three of the four units already achieving $1,845 per month, the property offers an established income stream while retaining modest additional rental upside. Located east of Redondo Avenue in the heart of the 4th Street / Retro Row area, 3514 E. 4th Street offers residents walkable access to an extensive collection of restaurants, shops, and neighborhood amenities. The combination of a highly desirable Long Beach location, oversized units, strong existing rents and a sub-$300,000- per-unit basis presents a compelling opportunity to acquire a well- positioned four-unit asset in one of the city’s most established rental markets.

Listing Status:

Active

Date Added:

October 2, 2026

Data Last Updated:

October 10, 2026 at 6:16AM

Listing Office:

Keller Williams Realty Downey : 562-334-1500

Listing Agent:

Robert Stepp : 310-774-3740

Contact:

310-463-2916

MLS ID:

PW26215302

Interior

• Laundry: Electric Dryer HookupGas Dryer Hookup

Exterior

• Pool: None
• Parking: Parking spaces: 0

Construction

• General: 2

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 7257016002

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM