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4420 4408 E Greenmeadow

Long Beach, CA 90808
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Bed 1

Bed

Bath 5

Bath

SqFt20,451

Sqft(Lot)

The Lakewood Village Portfolio offers investors the rare opportunity to acquire three well-maintained mixed-use and SRO assets totaling 42 SRO units and 3 retail storefronts in one of Long Beach’s most desirable and supply-constrained neighborhoods. Located in Lakewood Village, an established infill community known for exceptional demographics, pride-of-ownership housing, and extremely low turnover, the portfolio provides strong in-place income and operational stability. Current income supports an attractive 7.2% cap rate and 7.83 GRM, positioning the offering as a compelling yield opportunity in a high-barrier submarket. Across the portfolio, all buildings are well maintained and exhibit true pride of ownership, with numerous physical, cosmetic, and system upgrades completed by ownership. The SRO units range between 100 and 200 square feet, with a mix of private layouts and others utilizing shared community bathrooms and showers, aligning well with the 30-day minimum stay model and helping maintain consistently strong occupancy. The three retail storefronts are individually metered for gas and electricity. Significant system improvements further enhance the portfolio’s long-term durability. All buildings have updated main electrical panels and subpanels. 4430 Village also offers dedicated 20-amp circuits in SRO rooms. The 4430 Village building includes 2 shared showers and 3 toilets and has a newer roof. All buildings are secured with security cameras and has an onsite laundry facility. The location offers exceptional convenience and connectivity. The properties are walking distance to Long Beach City College and minutes from Lakewood Golf Course, Heartwell Park, Parkview Village retail, and the region’s premier lifestyle destination, LBX (Long Beach Exchange)—a major draw for dining, retail, entertainment, and fitness concepts. This amenity-rich environment supports sustained demand for both residential and retail space.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,850,000

AD Id : 91288956

MLS Id : PW26203183

Beds : 1

Lot Size : 20,451 Sq. Ft

Year Built : 1941

County : Los Angeles

Subdivision: Lehigh Acres

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Feature Features

  • Building Information

    Year Built: 1941
    Building Area Total: 14941
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 20451 Lot Size Acres: 0.4695 Lot Size Source: Assessor Lot Size Square Feet: 20,451 Lot Description: IrregularLot

    Property Information

    Subdivision: Lakewood Village (LKVL) Source Property Type: ResidentialIncome Property SubType: Apartment Property Age: 85

  • Listing Price Information

    Listing Price: $4850000
    Conventional

  • Tax Information

    Parcel Number: 7182024017 Tax Lot: 32 Tax Block: F

  • Parking Information

    Parking Total: 14

  • Location Information

    Direction: Driving North on N. Lakewood Blvd, Turn Right Onto E. Carson St., Turn Right Onto Norse Way, Turn Right Onto East Village Rd., Property Will be on Your Right, Turn Right Onto East Greenmeadow Rd., Property Will be on Your Left and Right. WaterSource: Public
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ByOwner last updated this listing 10/11/2026 @ 07:50

MLS: PW26203183 LISTED BY: Christopher Walker, Triqor Group 949-756-3232 SOURCE: CRMLS

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