16
See all 16 photos
$2,699,000
Est. payment /mo
7,682 SqFt
Pending
4426 N Lakewood Boulevard Long Beach, CA 90808
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 7,682 sqft
Price per Sqft $351
MLS Listing ID CRNP25113000
HOA Y/N No
Year Built 1958
Lot Size 7,506 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
4426 N. Lakewood Blvd is a pride-of-ownership 10-unit apartment building in the heart of East Long Beach, just blocks from the fast-growing development near Long Beach Airport. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units on a 7,506 SF lot. Four units have been fully remodeled, and the building has been diligently maintained with rent increases implemented annually. Projected gross monthly rent as of June 1, 2025 is $17,400 ($208,800 annualized), offering strong in-place cash flow and additional upside. The property includes 7 garages, on-site laundry, and tenant-paid gas and electricity (owner covers water). Excellent location less than a mile from new restaurants, infrastructure, and employment hubs near the airport corridor. This is a stabilized, well-performing asset with professional management—perfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.
Location
State CA
County Los Angeles
Zoning LBR3
Interior
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Laundry Other
Building
Lot Description Other, Paved
New Construction No
Others
Tax ID 7182001004
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Listed by Joshua Coburn • Chamberlain Real Estate
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289