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4635 N Bellflower Boulevard

Long Beach, CA 90808
  • $2,490,000
  • STATUS: ACTIVE
  • ON SITE: 102 Days
  • ID#: PW25028496
Price Reduced
UPDATED: 20 min ago
$2,490,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are pleased to present an 8-unit apartment building in Long Beach, California. Built in 1961, this property offers 6,300 rentable square feet on a 7,210-square-foot lot. The unit mix includes four 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units. All eight units have been upgraded, and the entire building features copper plumbing. Additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. The property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. Residents also benefit from eight dedicated parking spaces. Situated in the desirable Lakewood Village neighborhood, the property is conveniently located near shopping, dining, Long Beach City College, California State University Long Beach, and Long Beach Airport. Long Beach is undergoing significant redevelopment, with the $4.4 billion expansion of the Long Beach Port expected to create 14,000 new permanent jobs in Southern California. Additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. The new $520 million Long Beach Civic Center now houses City Hall, the Port of Long Beach headquarters, and the Main Library. With its strong economy, high quality of life, and ongoing revitalization, Long Beach remains an attractive rental market. This property boasts a history of high occupancy and offers significant upside potential for rental income. We are pleased to present an 8-unit apartment building in Long Beach, California. Built in 1961, this property offers 6,300 rentable square feet on a 7,210-square-foot lot. The unit mix includes four 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units. All eight units have been upgraded, and the entire building features copper plumbing. Additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. The property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. Residents also benefit from eight dedicated parking spaces. Situated in the desirable Lakewood Village neighborhood, the property is conveniently located near shopping, dining, Long Beach City College, California State University Long Beach, and Long Beach Airport. Long Beach is undergoing significant redevelopment, with the $4.4 billion expansion of the Long Beach Port expected to create 14,000 new permanent jobs in Southern California. Additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. The new $520 million Long Beach Civic Center now houses City Hall, the Port of Long Beach headquarters, and the Main Library. With its strong economy, high quality of life, and ongoing revitalization, Long Beach remains an attractive rental market. This property boasts a history of high occupancy and offers significant upside potential for rental income.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
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4635 N Bellflower Boulevard Long Beach, CA 90808

  • Price: $2,490,000
  • Status: ACTIVE
  • On Site: 102 Days
  • Updated: 20 min ago
  • ID#: PW25028496
4
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Long Beach (90808)
County:
Los Angeles
Area:
Long Beach (90808)
Property Description
We are pleased to present an 8-unit apartment building in Long Beach, California. Built in 1961, this property offers 6,300 rentable square feet on a 7,210-square-foot lot. The unit mix includes four 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units. All eight units have been upgraded, and the entire building features copper plumbing. Additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. The property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. Residents also benefit from eight dedicated parking spaces. Situated in the desirable Lakewood Village neighborhood, the property is conveniently located near shopping, dining, Long Beach City College, California State University Long Beach, and Long Beach Airport. Long Beach is undergoing significant redevelopment, with the $4.4 billion expansion of the Long Beach Port expected to create 14,000 new permanent jobs in Southern California. Additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. The new $520 million Long Beach Civic Center now houses City Hall, the Port of Long Beach headquarters, and the Main Library. With its strong economy, high quality of life, and ongoing revitalization, Long Beach remains an attractive rental market. This property boasts a history of high occupancy and offers significant upside potential for rental income. We are pleased to present an 8-unit apartment building in Long Beach, California. Built in 1961, this property offers 6,300 rentable square feet on a 7,210-square-foot lot. The unit mix includes four 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units. All eight units have been upgraded, and the entire building features copper plumbing. Additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. The property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. Residents also benefit from eight dedicated parking spaces. Situated in the desirable Lakewood Village neighborhood, the property is conveniently located near shopping, dining, Long Beach City College, California State University Long Beach, and Long Beach Airport. Long Beach is undergoing significant redevelopment, with the $4.4 billion expansion of the Long Beach Port expected to create 14,000 new permanent jobs in Southern California. Additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. The new $520 million Long Beach Civic Center now houses City Hall, the Port of Long Beach headquarters, and the Main Library. With its strong economy, high quality of life, and ongoing revitalization, Long Beach remains an attractive rental market. This property boasts a history of high occupancy and offers significant upside potential for rental income.
Exterior Features

Pool N/K Site CurbsSidewalks Topography Level

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 5.45 Annual Expense Actual 61042 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 12.0 Gross Scheduled Income Actual 204420 Tenant Pays ElectricityGas/Propane Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1910.0 Unit2 Rent Actual 1995.0 Unit3 Rent Actual 1895.0 Unit4 Rent Actual 1995.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of George Bustamante of Coldwell Banker Commercial: 714-856-7017. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
7910 Girard Ave Ste 9
La Jolla CA, 92037