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5,796 sqft

$1,600,000

425 W 4th, Long Beach CA, 90802

Price per sqft$276.05
Built in1920
Property size5,796 sqft
Property typeCondominium
Listed by Daniel Gomez CA DRE# 02081392 with Younglewin Advisors, Inc. 562-266-7629

Overview

Active

Listed Oct 13, 2026

Updated 3h ago

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.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26218881

Interior Features

Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$21,773
Tax Frequency
Annually
Maintenance Expense
$4,550
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Daniel Gomez CA DRE# 02081392 with Younglewin Advisors, Inc. 562-266-7629

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/13/2026 at 7:07 PM UTC Last Checked: 7:07 PM UTC

 

 

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