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29882384
29882385

1944 E 4th St, Long Beach, CA 90802

TS
CA 01742766
NAI Capital Commercial, Inc
Listed by NAI Capital Commercial, Inc
$2,450,000
103 days on market
Updated 31 days ago

RETRO ROW MIXED-USE | GROUND FLOOR RETAIL & MULTIFAMILY

Details
APN 7275-017-008
Property Type Multifamily, Retail
Sub Type Restaurant
Square Footage 5,817
Net Rentable (SqFt) 5,817
Units 6
Cap Rate 6.3%
NOI $154,411
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 6.85%
Pro-Forma NOI $167,866
Price per SqFt $421
Broker Co-Op Yes
Year Built 1928
Buildings 1
Stories 2
Lot Size (SqFt) 3,596
Zoning LBCNR
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple

Mixed-Use | 6 Units | 6.30% Cap Rate

Marketing description

NAI Capital Commercial, Inc. is pleased to offer for sale 1944 East 4th Street, a multi‑tenant mixed‑use asset located in the heart of Long Beach, California. The property consists of approximately 5,817 square feet of building area situated on roughly 3,596 square feet of land. The ground floor features two established retail tenants—Salud Juice Bar & Café and Fatimas Grill— while the second level comprises four residential units.

Positioned along the high‑traffic 4th Street corridor, widely known as “Retro Row,” the property benefits from one of Long Beach’s most vibrant and culturally distinctive districts. Spanning between Cherry Avenue and Junipero Avenue, Retro Row is home to more than 40 independent merchants and is celebrated for its eclectic mix of vintage and contemporary clothing, furniture, accessories, art, antiques, books, and specialty retailers. The area also offers a diverse selection of locally owned restaurants, coffee shops, and wine bars.

This offering presents a rare opportunity to acquire a stabilized mixed‑use property in one of Long Beach’s most dynamic and enduring retail corridors.

Investment highlights

PRICE REDUCED BY $100,000.

Prime Retro Row Location: Situated in the heart of Long Beach’s iconic 4th Street corridor, surrounded by 40+ independent retailers, restaurants, and cultural attractions.

Stabilized Mixed‑Use Asset: Leased to two established ground‑floor retail tenants and four residential units, providing diversified and reliable income streams.

Strong Retail Tenancy: Anchored by high‑performing local favorites— Salud Juice Bar & Café and Fatimas Grill—both benefiting from heavy pedestrian and bike‑friendly traffic.

Historic and High‑Visibility Setting: Located steps from the restored 1920s Art Theatre and positioned along one of the city’s most recognizable and heavily visited commercial districts.

Rare Long Beach Offering: A well‑maintained ±5,817 SF building on a compact ±3,596 SF parcel, offering long‑term value in a supply‑constrained, culturally vibrant submarket.

Listing Contacts

TS
CA 01742766
NAI Capital Commercial, Inc
Listed by NAI Capital Commercial, Inc

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$154,411.00
$12,867.58/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

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Additional Information

Name
Tim Steuernol
License
01742766
Brokerage
Tim Steuernol
Title
Executive Vice President
Brokerage Address
970 West 190th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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