433 W 4th St

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433 W 4th St

Long Beach, CA 90802
Asking Price
$2.70M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Twelve-unit apartment building located in Long Beach California
  • Total asking price is set at 2,699,000 dollars
  • Asset is categorized as multifamily residential housing
  • Property is situated in the 90802 zip code
  • Located within a major coastal southern California submarket

What's Special

Multifamily investors seeking to expand their portfolio in the Southern California market will find this 12-unit apartment building at 433 W 4th St a practical addition. Situated in Long Beach, the property benefits from its proximity to a major coastal economic hub characterized by steady rental demand and a dense urban environment. This asset provides a straightforward opportunity to manage residential inventory in a well-established submarket known for its proximity to regional transit corridors and employment centers. The layout accommodates multiple residential units, making it an efficient choice for those targeting workforce housing or long-term rental income strategies in the greater Los Angeles metro area. Long Beach remains a significant contributor to the regional economy with its expansive port operations and growing professional service sector. Properties in this ZIP code benefit from a walkable urban fabric and access to diverse retail and entertainment districts. This 12-unit complex represents a stabilized residential investment located within a resilient community that continues to attract a variety of tenants due to its central location.

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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,353.179
Annual Cash Flow
$-80,238.152

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