1427 E 4th St

Investment Highlights

Property Overview

Located in the heart of Long Beach's vibrant “Retro Row,” 1427 E 4th St presents a rare, fully renovated mixed-use asset with strong income and future upside. This 5,065 SF property features two high-visibility retail spaces—currently occupied by a popular coffee shop and an upscale salon with Long Term Leases—anchoring a block renowned for its eclectic shops, walkable amenities, and year-round foot traffic. The four residential units include two spacious 1-bedroom, 1-bath apartments and two efficient studio units, all fully upgraded for turnkey operation and tenant appeal. With the best price per square foot on the market and a robust Cap Rate of 6.60% & strong NOI, this property offers immediate cash flow and long-term value. The retail tenants benefit from the area's destination status, drawing local residents and visitors alike, while the residential units capitalize on Long Beach's low vacancy rates and projected population growth. The building's comprehensive renovation means minimal maintenance and maximum rental potential from day one. Future opportunities abound as Long Beach continues to invest in major infrastructure and cultural projects, including the Colorado Lagoon-Marina Stadium Connection and the Alexan East End development, both of which are expected to drive property values and demand higher. Whether you're seeking stable income, appreciation, or a strategic foothold in one of Southern California's most dynamic urban corridors, 1427 E 4th St stands out as a premier choice.