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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 : Residential Income

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

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Ceiling Fan(s),High Ceilings,Open Floorplan,Quartz Counters,Recessed Lighting,Storage,Wired for Data,All Bedrooms Down Windows: ENERGY STAR Qualified Windows Property Appliances: Dishwasher,ENERGY STAR Qualified Appliances,Freezer,Gas Cooktop,Disposal,Gas Oven,Gas Range,Ice Maker,Microwave,Refrigerator,Range Hood,Dryer,Washer Fireplace: None Flooring: Vinyl
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Natural Gas,Wall Furnace Has Heating

    Energy

    Green Energy: Appliances

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 2025 Building Area Total: 15,168
  • Security Features

    Closed Circuit Camera(s)
  • Accessibility Features

    None

    Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2013
  • Lot Size Source: Assessor Lot Size Square Feet: 8767

  • Listing Price Information

    Original List Price: 7,400,000 Listing Contract Date: 2026-05-19
  • Lease Information

    Lease Term: 12 Months Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7266026036

  • Garage and Parking

    Garage Description: Controlled Entrance

    Homeowners Association

  • Rental Info

    Lease Term: 12 Months Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 4 - Downtown Area, Alamitos Beach Directions: From 4th Street and Cherry East to Address Zoning: LBCNR Source Property Type: Residential Income Area: 4 - Downtown Area, Alamitos Beach Property SubType: Apartment
  • Building and Construction

    Property Age: 1 Common Walls: 2+ Common Walls Property Condition: Updated/Remodeled Structure Type: Apartment Year Built Source: Estimated Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1738 E 4th Street #15, Long Beach, CA, 90802 $279,000 -- 1 398 398 SqFt
1738 E 4th, Long Beach, CA, 90802 $299,998 -- 1 397 397 SqFt
1820 E 2nd, Long Beach, CA, 90802 $5,150,000 -- -- 8,130 8,130 SqFt
1545 E 4th Street, Long Beach, CA, 90802 $1,647,300 7 -- 4,770 4,770 SqFt
1427 E 4th, Long Beach, CA, 90802 $1,999,000 -- -- 5,065 5,065 SqFt
1250 E 4th, #8, Long Beach, CA, 90802 $280,000 1 1 654 654 SqFt
1060 E 6th Street, Long Beach, CA, 90802 $890,000 2 -- 1,548 1,548 SqFt
1042-1048 E Broadway, Long Beach, CA, 90802 $1,749,000 -- -- 3,576 3,576 SqFt
955 E 2nd, Long Beach, CA, 90802 $899,900 2 1 1,304 1,304 SqFt
930 E 1st Street #2, Long Beach, CA, 90802 $310,000 1 1 557 557 SqFt

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ByOwner last updated this listing 06/11/2026 @ 12:50

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

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