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Real Estate
3700 East 4th Street — Long Beach, California
Eight-unit Belmont Heights multifamily investment with in-place income.
Long Beach, California· Multifamily· Editorial score 82
Opportunity teaser
Asking $2.45M; 8 units, $139,497 NOI, 5.69% cap rate, and 6,336 SF.
Why it may be interesting
Recent active listing, stated NOI/cap rate, and high-demand coastal location.
Risks and open questions
Rents, deferred maintenance, title, and local rent-control exposure require diligence.
Key figures
- Price
- $2.45M
- NOI
- $139.5K
- Cap rate
- 0.06%
- Occupancy
- —
- Units
- 8
- Square feet
- 6,336
- Asset class
- Multifamily
- Geography
- Long Beach, California
Disclosure
Public Crexi listing; no seller authorization or financial verification.