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Stacey Alysson Melman

4408 E Greenmeadow
Long Beach, CA, 90808
$4,850,000
Beds
0 Baths
0 SqFt
0.47 Acres
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MLS #PW26203183 image #0
The Lakewood Village Portfolio offers investors the rare opportunity to acquire three well-maintained mixed-use and SRO assets totaling 42 SRO units and 3 retail storefronts in one of Long Beach’s most desirable and supply-constrained neighborhoods. Located in Lakewood Village, an established infill community known for exceptional demographics, pride-of-ownership housing, and extremely low turnover, the portfolio provides strong in-place income and operational stability. Current income supports an attractive 7.2% cap rate and 7.83 GRM, positioning the offering as a compelling yield opportunity in a high-barrier submarket. Across the portfolio, all buildings are well maintained and exhibit true pride of ownership, with numerous physical, cosmetic, and system upgrades completed by ownership. The SRO units range between 100 and 200 square feet, with a mix of private layouts and others utilizing shared community bathrooms and showers, aligning well with the 30-day minimum stay model and helping maintain consistently strong occupancy. The three retail storefronts are individually metered for gas and electricity. Significant system improvements further enhance the portfolio’s long-term durability. All buildings have updated main electrical panels and subpanels. 4430 Village also offers dedicated 20-amp circuits in SRO rooms. The 4430 Village building includes 2 shared showers and 3 toilets and has a newer roof. All buildings are secured with security cameras and has an onsite laundry facility. The location offers exceptional convenience and connectivity. The properties are walking distance to Long Beach City College and minutes from Lakewood Golf Course, Heartwell Park, Parkview Village retail, and the region’s premier lifestyle destination, LBX (Long Beach Exchange)—a major draw for dining, retail, entertainment, and fitness concepts. This amenity-rich environment supports sustained demand for both residential and retail space.
AGENT: Christopher Walker
LISTING BROKERAGE: Triqor Group
4408 E Greenmeadow
Long Beach, CA

Property Details

Price:
$4,850,000
MLS #:
PW26203183
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Lakewood Village LKVL
Neighborhood:
29lakewoodvillage
Listed Date:
Sep 16, 2026
Total Sq Ft:
14,941
Lot Size:
20,451 sqft / 0.47 acres (approx)
Year Built:
1941
29 – Lakewood Village29lakewoodvillageLakewood Village Lkvl
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Schools

Interior

Laundry Features
AR

Exterior

Common Walls
_2CW
Community Features
SDW
Parking Spots
14
Parking Total
14

Financial

Net Operating Income
$351,185

Map

Community

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