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Stacey Alysson Melman

3700 E 4th ST
Long Beach, CA, 90814
$2,350,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #OC26146653 image #0
3700 East 4th Street is an 8-unit multifamily investment property located in the Belmont Heights neighborhood of Long Beach, California. Constructed in 1963, the property totals approximately 6,336 net rentable square feet on a 0.14-acre parcel and features a desirable unit mix of 4 one-bed/one-bath units, 1 two-bed/one-bath unit, and 3 two-bed/two-bath units. 3700 East 4th Street offers investors the opportunity to acquire a well-positioned multifamily asset in one of Long Beach’s most desirable coastal rental neighborhoods. Belmont Heights is known for its established residential character, proximity to the beach, and access to popular lifestyle amenities, supporting strong renter demand within the immediate area. The property provides several resident amenities, including 4 single-car garages, on-site laundry, security/screen doors, and in-unit laundry in 4 of the units. Current ownership has also maintained the asset through recent improvements, including a roof replacement completed in 2024. In addition to its physical attributes, the property benefits from strong in-place rents, as ownership has kept rents aligned through regular increases. Offered at a 5.99% cap rate on current rents, 3700 East 4th Street provides investors with immediate in-place income in a high-demand Belmont Heights location, while maintaining long-term appeal through its coastal Long Beach setting, functional unit mix, and proximity to daily conveniences and lifestyle amenities.
AGENT: Tyler Leeson
LISTING BROKERAGE: Marcus & Millichap RE Invest
3700 E 4th ST
Long Beach, CA

Property Details

Price:
$2,350,000
MLS #:
OC26146653
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
2belmontheightsalamitosheights
Listed Date:
Jul 6, 2026
Total Sq Ft:
6,336
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1963
2 – Belmont Heights, Alamitos Heights2belmontheightsalamitosheights
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Schools

Interior

Laundry Features
CM, SEE
Levels
U

Exterior

Common Walls
NCW
Community Features
SDW, SL, CRB, CW
Garage Spaces
4
Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$208,472
Maintenance Fee
$8,000
Net Operating Income
$140,766

Map

Community

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