Prime Mixed-Use Investment | Retro Row - Long Beach*** 1427 E 4th St is a fully renovated property located in the heart of Long Beach’s high-traffic Retro Row. The 5,065 SF building consists of 2 street-level retail units (leased to a popular Coffee Shop and an Upscale Healing Station on long-term leases) and 4 residential units (2 one-bedroom units and 2 studios), all fully upgraded and turnkey. Offered at the BEST PRICE PER SQ.FT. in the market, the property delivers a 6.60% Cap Rate with strong NOI and IMMEDIATE CASH FLOW. Retail benefits from consistent foot traffic and destination-level visibility, while residential units perform well in a low-vacancy rental market. Recent comprehensive renovations translate to minimal maintenance and solid upside through rent growth. Located in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.
| MLS # | SB26028039 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1929 |
| Days On Site | 193 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Olga Wright |
| SQ Feet | 5,065 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.07 |
| Lot Features | Paved |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90802) | |
Price: $1,999,000 low | high Med: $1,895,000 sqft: 5,065 low | high Med: 4,144 $ / sqft: $395 low | high Med: $457 On site: 193 low | high Med: 204 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90802) | |
Price: $1,999,000 low | high Med: $1,895,000 sqft: 5,065 low | high Med: 4,144 $ / sqft: $395 low | high Med: $457 On site: 193 low | high Med: 204 | |
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