Long Beach, CA 90802 1535 E 4th Street
$1,699,000
5 more
Presented By: Jocelyn Thav with Jocelyn Thav, Broker; 562-787-3243
Home Details
Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached back house is also a Large 1bedroom-1bathroom with dinning area, front yard and backyard; this house has room add additional square footage possibly turning into a 2 bedroom and also converting the garage into a Junior ADU. Please verify with city of Long Beach. These units have a 5 car garage off alley. Central courtyard for entertaining. A few blocks to the ocean. Live in one unit and let the other units help cover your mortgage. Freshly painted, quiet area, great neighborhood! A Rare find. Maybe eligible for SBA 7a Loan or SBA 504 loan with 10% down.
Presented By: Jocelyn Thav with Jocelyn Thav, Broker; 562-787-3243
Interior Features for 1535 E 4th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, Inside
Street SuffixStreet
Total Stories2
Other Rooms
Entry Level2
General for 1535 E 4th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
CoolingWallWindowUnits
CountyLos Angeles
Days on Market16
DirectionsWalnut and 4th Street
Electric Expense0.0
Garage Y/NNo
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2353.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet7533.0
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income78783.0
New ConstructionNo
Number of Units Leased4
Occupancy TypeTenant
Operating Expense12489.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
Special Listing ConditionsStandard, Trust
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street Name4th
Tax Annual Amount7736.0
Total Units4
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected
View Y/NNo
Water Sewer Expense1500.0
Waterfront Y/NNo
Year Built1909
Year Built SourcePublicRecords
Exterior for 1535 E 4th Street
Building Area Total2841.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1729
Lot Size Area7533.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings4
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480