425 W 4th Long Beach, CA 90802
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Willmore District (Wm)
MLS Listing ID PW26218881
HOA Y/N No
Year Built 1920
Annual Tax Amount $21,773
Tax Year 2026
Lot Size 3,206 Sqft
Property Sub-Type Apartment
Property Description
Most units have been upgraded with modern kitchens and baths featuring quartz countertops and new tile, and select electrical and plumbing improvements have also been completed. Each unit includes its own washer and dryer, which is rare for vintage downtown product.
The property has a 92 Walk Score and sits three blocks from the ocean. It is close to the new courthouse, parks, dining, transit, and major freeways, within a submarket with low vacancy and consistent tenant demand. It offers approximately a 6% current cap rate with an estimated 20% rental upside, giving investors stable cash flow and meaningful room for income growth.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Urban
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 7280012021
Energy Description 900.0
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Lease Land No
NEARBY SCHOOL & BUSINESS
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