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1944 E 4th Street

Long Beach, CA 90802
  • $2,950,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: PW23193828
UPDATED: 36 min ago
$2,950,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Juan Huizar of Sage Real Estate (562-400-7622) and Sheva Hosseinzadeh of Coldwell Banker Commercial(562-495-6070)


Description

Property is a multi-tenant mixed use property with retail on the ground floor and residential located directly above with approximately 5,817 SF on approximately 3,596 SF of land. The retail tenants include the popular Salud Juice Bar & Caf and Fatimas Grill. The upstairs includes 4 residential tenants. The property is in the high traffic corridor of 4th Street in what is dubbed "Retro Row. This corridor is vibrant and has a creative spirit of the Long Beach culture. Stretching between Cherry and Junipero, the district is home to an exciting group of 40+ independent merchants. Kitchy and hip and always hospitable, 4th Street features vintage & contemporary clothing, furniture & accessories, art, antiques & collectibles, books, roller skates & skateboards as well as locally owned restaurants, coffee shops and wine bars. Adding to the retro vibe of the street is the restored 1920s Art Theatre, which hosts a mix of first run and art films, live concerts & comedy, and other unique events. 4th Street is one of the few designated bike-friendly business districts in the city and has been featured in the pages of the New York Times as well as New York, Sunset, and Los Angeles magazine.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T14:27:57.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/144502016
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1944 E 4th Street Long Beach, CA 90802

  • Price: $2,950,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 36 min ago
  • ID#: PW23193828
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1928
Built
Neighborhood:
4 - Downtown Area, Alamitos Beach
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Property is a multi-tenant mixed use property with retail on the ground floor and residential located directly above with approximately 5,817 SF on approximately 3,596 SF of land. The retail tenants include the popular Salud Juice Bar & Caf and Fatimas Grill. The upstairs includes 4 residential tenants. The property is in the high traffic corridor of 4th Street in what is dubbed "Retro Row. This corridor is vibrant and has a creative spirit of the Long Beach culture. Stretching between Cherry and Junipero, the district is home to an exciting group of 40+ independent merchants. Kitchy and hip and always hospitable, 4th Street features vintage & contemporary clothing, furniture & accessories, art, antiques & collectibles, books, roller skates & skateboards as well as locally owned restaurants, coffee shops and wine bars. Adding to the retro vibe of the street is the restored 1920s Art Theatre, which hosts a mix of first run and art films, live concerts & comedy, and other unique events. 4th Street is one of the few designated bike-friendly business districts in the city and has been featured in the pages of the New York Times as well as New York, Sunset, and Los Angeles magazine.
Exterior Features

Carport Spaces 0 Entry Level 1 Lot Features 0-1 Unit/Acre Open Parking Spaces 0 Parking Total 0 Roof Flat Sign On Property YN Yes

Interior Features

Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Current Financing Other Gross Scheduled Income 218400 Insurance Expense 2860 Laundry Features Washer HookupGas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 160161 Number Of Units Leased 6 Operating Expense 58239 Other Expense 1200 Property Sub Type Mixed Use Special Listing Conditions Standard Tax Annual Amount 36875 Water Sewer Expense 4200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T14:27:57.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Juan Huizar of Sage Real Estate (562-400-7622) and Sheva Hosseinzadeh of Coldwell Banker Commercial(562-495-6070)