4426 N Lakewood BLD new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90808
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25113000
Year Built 1958
Lot Size 7,506 Sqft
Source California Regional MLS
Property 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.
Location
State CA
County Los Angeles
Area 29 - Lakewood Village
Interior
Cooling Window / Wall Unit
Laundry Laundry Area,Washer/Dryer - Owned
Exterior
Parking Features Garage
Garage Spaces 7.0
Pool 31,None
Building
Lot Description Paved
Water District - Public
Others
Tax ID 7182001004
Special Listing Condition Not Applicable