Overview
- Apartment, Residential Income
- 7.0
- 7682 Sqft
- 1958
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.
Address
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Address: 4426 N Lakewood Boulevard
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90808
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Country: US
Details
Updated on September 17, 2025 at 11:33 pm-
Property ID NP25113000
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Price $2,699,000
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Property Size 7682 Sqft
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Land Area 0.1723 Acres
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Garages 7.0
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Year Built 1958
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional
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Utilities Water Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Flooring Vinyl
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Door-Single, Garage Faces Front, Garage, Garage Faces Rear
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Community Features Curbs, Street Lights, Sidewalks
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees