1827 E 4th St
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1827 E 4th St
19 Unit Apartment Building $11,622,844 CAD ($611,729 CAD/Unit) 4.97% Cap Rate Long Beach, CA 90802
Investment Highlights
- Located on the Famous 4th Street “Retro Row” Near Carroll Park and Broadway Corridor
- 100% New Building Systems Including Plumbing, Mechanical and Electrical
- Eight Newly Constructed Tandem Garage Parking Spots with Storage Units
- Fully Stabilized, Turnkey Asset / $1,600,000 in CAPEX Investment
- Completely Renovated Units with Stainless Steel Appliances, In-Unit Washer & Dryer, & 9-Foot Ceilings
- Individually Metered for Gas & Electric
Executive Summary
Triqor Group is proud to present 1827 4th Street in Long Beach, CA. The property presents a rare opportunity to invest in a new, fully stabilized, turnkey asset located in Long Beach’s iconic Retro Row — a vibrant, high-demand neighborhood known for its eclectic charm and walkable lifestyle. Meticulously renovated with over $1,600,000 in upgrades, this 19-unit property offers a seamless blend of 1920s character and modern amenities.
No detail has been overlooked in the comprehensive transformation of this property. The building features entirely new electrical systems, including updated city meters, rewired interiors, and newly installed subpanels for each unit. Plumbing has been completely overhauled, with new water lines, waste systems, and gas lines installed throughout. Each unit now includes added water and gas lines to accommodate modern conveniences like washers, dryers, and dishwashers, providing tenants with unmatched functionality and comfort.
The designer-managed interior renovations shine with high-end finishes such as shaker-style cabinetry, Calacatta gold quartz countertops, energy-efficient stainless steel appliances, and updated bathroom fixtures. The property also boasts new flooring, custom light fixtures, and fresh paint throughout, ensuring a premium living experience. Exterior improvements include new exterior lighting, upgraded common areas, and weatherproofing for windows and doors.
Located on 4th Street Retro Row, this property is surrounded by vintage boutiques, trendy restaurants, and a thriving arts scene. This pedestrian-friendly area boasts a Walk Score of 96, offering a lifestyle that attracts renters and keeps demand high. Whether strolling through nearby Carroll Park, enjoying the energy of the Broadway Corridor, or exploring the eclectic shops and dining options, Retro Row is a hub of activity and charm.
This property’s ideal location ensures easy access to downtown Long Beach, major employment centers, and entertainment hotspots, making it a highly desirable option for tenants. Additionally, Retro Row’s dynamic atmosphere, featuring art walks, festivals, and community events, continues to elevate its reputation as one of Long Beach’s most exciting neighborhoods.
No detail has been overlooked in the comprehensive transformation of this property. The building features entirely new electrical systems, including updated city meters, rewired interiors, and newly installed subpanels for each unit. Plumbing has been completely overhauled, with new water lines, waste systems, and gas lines installed throughout. Each unit now includes added water and gas lines to accommodate modern conveniences like washers, dryers, and dishwashers, providing tenants with unmatched functionality and comfort.
The designer-managed interior renovations shine with high-end finishes such as shaker-style cabinetry, Calacatta gold quartz countertops, energy-efficient stainless steel appliances, and updated bathroom fixtures. The property also boasts new flooring, custom light fixtures, and fresh paint throughout, ensuring a premium living experience. Exterior improvements include new exterior lighting, upgraded common areas, and weatherproofing for windows and doors.
Located on 4th Street Retro Row, this property is surrounded by vintage boutiques, trendy restaurants, and a thriving arts scene. This pedestrian-friendly area boasts a Walk Score of 96, offering a lifestyle that attracts renters and keeps demand high. Whether strolling through nearby Carroll Park, enjoying the energy of the Broadway Corridor, or exploring the eclectic shops and dining options, Retro Row is a hub of activity and charm.
This property’s ideal location ensures easy access to downtown Long Beach, major employment centers, and entertainment hotspots, making it a highly desirable option for tenants. Additionally, Retro Row’s dynamic atmosphere, featuring art walks, festivals, and community events, continues to elevate its reputation as one of Long Beach’s most exciting neighborhoods.
Property Facts
Price | $11,622,844 CAD | Apartment Style | Low Rise |
Price Per Unit | $611,729 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.20 AC |
Cap Rate | 4.97% | Building Size | 12,658 SF |
Gross Rent Multiplier | 14.15 | No. Stories | 2 |
No. Units | 19 | Year Built/Renovated | 1928/2024 |
Property Type | Multifamily | Parking Ratio | 0.63/1,000 SF |
Property Subtype | Apartment |
Price | $11,622,844 CAD |
Price Per Unit | $611,729 CAD |
Sale Type | Investment |
Cap Rate | 4.97% |
Gross Rent Multiplier | 14.15 |
No. Units | 19 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.20 AC |
Building Size | 12,658 SF |
No. Stories | 2 |
Year Built/Renovated | 1928/2024 |
Parking Ratio | 0.63/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 12 | $2,961 CAD | 550 |
1+1 | 4 | $4,033 CAD | 725 |
2+1 | 3 | $4,394 CAD | 756 - 800 |
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Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
Parcel Number | 7266-026-036 | Improvements Assessment | $2,754,794 CAD |
Land Assessment | $2,922,858 CAD | Total Assessment | $5,677,652 CAD |
PROPERTY TAXES
Parcel Number
7266-026-036
Land Assessment
$2,922,858 CAD
Improvements Assessment
$2,754,794 CAD
Total Assessment
$5,677,652 CAD
zoning
Zoning Code | CNR, Long Beach |
CNR, Long Beach |
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1827 E 4th St
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