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425 W 4th , Long Beach, CA 90802
$1,600,000
Est. Payment: $8,302.06/mo
1 Bed
2 Bath
0.07 Acres
Status: active | Days on site: 1
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CR-PB20845 - CR-PWGOMDAN,CR-PWYOUNSHA
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Chris Heller
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House Description

Welcome to 425 W 4th St, a well preserved 1920s multifamily property in the historic Willmore City neighborhood of Downtown Long Beach. The building blends vintage character with modern upgrades. It offers oversized one bedroom units of approximately 800 SF, each with a large double door walk in closet suitable for storage, a home office, or flex space. Original built ins, distinctive architectural moldings, and beautifully refinished original hardwood floors give the units a charm that is hard to find in today's rental market. 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.
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Highlights

Listed by Daniel Gomez , 562-266-7629 and Shane Young , 562-556-1118 Younglewin Advisors, Inc. , 562-318-0215. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.07

County

Los Angeles

 Neighborhood

Willmore District (WM)

Listing ID

PW26218881

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2

Exterior Features

Zoning:Assessor
Principal Interest
$8,302
Taxes
$1,020

Home Price

$1,600,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,302.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,302.06 $1,020.00 $0.00 $9,322.06
Yearly $99,624.67 $12,240.00 $0.00 $111,864.67
Total $2,988,740.03 $367,200.00 $0.00 $3,355,940.03

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-11-07T21:33:38.000Z

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