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1827 E 4th Street

Long Beach, CA 90802
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Bed 0

Bed

Bath 0

Bath

SqFt15,168

Sqft

SqFt8,767

Sqft(Lot)

Introducing Pike Manor in the heart of Retro Row, one of Long Beach’s most dynamic and supply-constrained coastal neighborhoods. Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional assets. The property is 100% leased to a high-credit tenant base and operates at a 5.13% CAP rate at approximately $487 per sf, a basis significantly below replacement cost for comparable new coastal construction. Pike Manor has undergone an extensive top-to-bottom redevelopment, including 100% all new building infrastructure, including plumbing, sewer and water lines, gas lines, electrical systems, subpanels, meters, mechanical systems, roofing, windows, doors, façade improvements, hardscape, and landscaping. The property was rebuilt post-Title 24 standards and was designed to minimize future capital expenditure risk while creating operational efficiency through separate gas and electric metering, rooftop solar, drought-tolerant landscaping, and high-efficiency systems throughout. All units feature premium modern interiors with quartz countertops, European-style cabinetry, designer fixtures, Energy Star appliances, plank flooring, in-unit washer/dryers, all new windows, oversized walk-in closets, and designer coastal finishes curated to attract Long Beach’s growing professional tenant demographic. Several units feature oversized layouts, vaulted ceilings, bay windows, and unique architectural details rarely found in newer multifamily products. The asset also includes seven garage parking spaces, newly constructed garage structures with mechanized doors, & private resident storage lockers in the basement, amenities that are increasingly rare and highly valued in dense coastal markets like Long Beach. In addition to durable, stabilized current income, the property offers a substantial tax advantage through accelerated depreciation. A completed cost segregation study projects approximately $2.37M in depreciation within the first five years of ownership, creating significant sheltering potential for investors seeking tax-efficient cash flow. Situated just blocks from the Pacific Ocean & Bluff Park, Pike Manor blends essentially new construction quality with the character and walkability that define this highly coveted pocket of Long Beach.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,400,000

AD Id : 78916841

MLS Id : PW26023461

Lot Size : 8,767 Sqft

Living Area Size : 15,168

Year Built : 2025

Garage : 8

County : Los Angeles

Subdivision: Country Club Estates

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Feature Features

  • Interior Features

    Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Wired for Data, All Bedrooms Down
    Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Dryer, Washer
    Window Features: ENERGY STAR Qualified Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 2025
    Building Area Total: 15168
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 8767 Lot Size Acres: 0.2013 Lot Size Source: Assessor Lot Size Square Feet: 8,767 Lot Description: Near Public Transit

    Property Information

    Subdivision: Alamitos Beach (AB) Source Property Type: Residential Income Property SubType: Apartment Levels: One Property Age: 1

  • Listing Price Information

    Listing Price: $7400000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 7266026036 Tax Lot: 16

  • Parking Information

    Parking Total: 8 Controlled Entrance

    Garage Information

    Has Garage: Yes Garage Space: 8

  • Utility Information

    Sewer Connected
  • Location Information

    Direction: From 4th Street and Cherry East to Address WaterSource: Public Security Features: Closed Circuit Camera(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1738 E 4th, Long Beach, CA, 90802 $299,998 -- 1 397 397 SqFt
1738 E 4th Street #15, Long Beach, CA, 90802 $279,000 -- 1 398 398 SqFt
1785 E 3rd, Long Beach, CA, 90802 $2,125,000 -- -- 4,321 4,321 SqFt
535 Nebraska, Long Beach, CA, 90802 $925,000 2 1 1,211 1,211 SqFt
1427 E 4th, Long Beach, CA, 90802 $1,999,000 2 6 --
530 Almond Avenue, Long Beach, CA, 90802 $1,250,000 3 -- 1,962 1,962 SqFt
1250 E 4th, #8, Long Beach, CA, 90802 $280,000 1 1 654 654 SqFt
216 Esperanza, Long Beach, CA, 90802 $1,449,000 -- -- 3,816 3,816 SqFt
1311 E 1st #12, Long Beach, CA, 90802 $409,000 1 1 817 817 SqFt
1130 E Appleton, Long Beach, CA, 90802 $899,000 3 2 1,772 1,772 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 17:13

MLS: PW26023461 LISTED BY: Matthew Firth, Matthew Firth, Broker 562-760-9447 SOURCE: CRMLS

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