3011 4th

Long Beach, CA, 90814

For Sale $2,349,000

15beds
6,403sqft
0.16acre

PRICED TO SELL - 9.7X GRM AND 6.9% CAP AT MARKET RENTS - IN PRIME LONG BEACH. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Located on the East Side of Long Beach close to Belmont Shores and the Traffic Circle. The property is impeccably maintained and professionally managed. Excellent unit mix of 2 and 3 bed units featuring 4 garage spaces in the front of the property (each could be rented for $150 each). Unit interiors are in good condition, but a new owner could choose to upgrade them even further and increase rents to market, approx. 15% above current levels. There is an onsite laundry room. The main electrical panel is 200 AMPS - Buyer to verify. The 3 bedroom unit has a large private patio in the rear of the building. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs.

Shen Schulz (310) 980-8809shen@shenrealty.com Contact AgentRequest Tour

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Listed by:

Jonathan Swire with The Agency

3011 4th is a Residential Income property located in Long Beach, California, featuring a 0.155 acre lot, 6,403 sqft, 15 bedrooms, MLS #26826121.

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Data last modified: 2026-05-06 07:19:23