Robert Santangelo

Broker Associate | License ID: DRE#01007143

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$ 2,010,000

$ 2,100,000 4.3%

Est. payment -/mo

Sold on 06/15/2026

613 627 W 4th ST Long Beach, CA 90802

0.43 Acres Lot

UPDATED:

Key Details

Sold Price $2,010,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC26064399

Sold Date 06/15/26

HOA Y/N No

Year Built 1918

Lot Size 0.430 Acres

Property Sub-Type Apartment

Property Description

613 - 627 West 4th Street is a unique 10-unit multifamily investment opportunity situated on two adjacent parcels in Downtown Long Beach, California. The offering consists of a 9-unit cottage-style apartment community and a detached single-family residence located on the neighboring parcel. The cottage parcel features single-story construction with individual entrances, creating a low-density residential layout that differs from traditional corridor-style multifamily properties. The adjacent parcel is improved with a single-family home featuring a spacious backyard. At the rear of the lot are three private garages with gated areas in front, providing additional parking or storage space. Originally constructed between 1901 and 1918, the property offers a diverse unit mix consisting of 1 studio unit, 5 one-bedroom/one-bath units, 2 two-bedroom/one-bath units, 1 two-bedroom/one-and-one-half-bath unit, and 1 three-bedroom/two-bath unit. The variety of floor plans allows the property to appeal to a broad tenant base within the Downtown Long Beach rental market. Ownership has completed several recent capital improvements, including roof replacements in 2020 and 2021 and five recently replaced water heaters. Additional interior upgrades and unit improvements have been completed across multiple units in 2025 and 2026, including flooring replacement, interior painting, kitchen counter reglazing, and various unit turn improvements. 613 - 627 West 4th Street is located within walking distance of major Downtown Long Beach employers and neighborhood amenities, supporting consistent rental demand. The property is also just over half a mile from Mosaic, the large-scale redevelopment of the former City Place site that is introducing new residential, retail, and commercial space to the area. Residents benefit from convenient access to Interstate 710, the Metro A Line, and the nearby Port of Long Beach, one of the region's largest employment hubs.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7278025026

Energy Description 3241.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Christian Tait Marcus & Millichap RE Invest christian.tait@marcusmillichap.com, DRE #02111248
Bought with Christian Tait Marcus & Millichap RE Invest

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613 627 W 4th ST Long Beach, CA 90802

Key Details

Location

Interior

Exterior

Building

Others

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613 627 W 4th ST