www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29001954
29001965

4401 E Division St, Long Beach, CA 90803

VR
CA 01500009
$1,950,000
164 days on market
Updated 106 days ago

4401 E Division

Details
APN 7256025012
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,628
Units 5
Cap Rate 3.69%
NOI $71,867
Pro-Forma Cap Rate 4.38%
Pro-Forma NOI $85,334
Price per SqFt $742
Year Built 1953
Buildings 1
Stories 2
Lot Size (SqFt) 3,149
Parking Spaces 3 spaces
Parking Per SqFt 1.14

Multifamily | 5 Units | $390,000/unit

Marketing description

Open house Saturdays, 2-5, can view 2+1 unit. For agent safety, viewers agree to be filmed while viewing. All other units can be viewed with accepted offer. This is a high demand Belmont Shore location between the 2nd Street Promenade and the ocean - Just two blocks, a few minutes walk, to restaurants and shops on 2nd Street, or walk three blocks south to the beach. This property has 2 studios, 2 one bedrooms, and 1 two bedroom w/ one full bath. There's also a total of three assigned parking spaces: two are covered carports and one is an uncovered space next to the carports. Outside the building there are security cameras and each unit has a separate electric meter. The owner has two storage closets and there's also a laundry room for tenants. Every unit features updated tiled baths, bright clean, well-appointed kitchens with newer refrigerators, stove/ranges, dishwashers, garbage disposals and microwaves. The living and bedroom floors are laminate or vinyl wood look flooring. PLEASE DO NOT DISTURB TENANTS.

Listing Contacts

VR
CA 01500009

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,867.00
$5,988.92/mo

Valuation Metrics

0
DSCR
3.69%
Cap Rate
3.69%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Virginia Rater
License
01500009
Brokerage
First Manhattan Realty
Brokerage Phone
3105458300
Title
SteveMurillo
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591