Property Detail

Description

Prime Mixed-Use Investment | Retro Row – Long Beach*** 1427 E 4th St is a fully renovated property located in the heart of Long Beach’s high-traffic Retro Row. The 5,065 SF building consists of 2 street-level retail units (leased to a popular Coffee Shop and an Upscale Healing Station on long-term leases) and 4 residential units (2 one-bedroom units and 2 studios), all fully upgraded and turnkey. Offered at the BEST PRICE PER SQ.FT. in the market, the property delivers a 6.60% Cap Rate with strong NOI and IMMEDIATE CASH FLOW. Retail benefits from consistent foot traffic and destination-level visibility, while residential units perform well in a low-vacancy rental market. Recent comprehensive renovations translate to minimal maintenance and solid upside through rent growth. Located in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.