Under Contract

4340 E 4th Street E

Long Beach, CA 90814
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Bed 0

Bed

Bath 0

Bath

SqFt7,701

Sqft

SqFt5,414

Sqft(Lot)

The subject is a mixed-use complex with a prime location in the very desirable Belmont Heights neighborhood of Long Beach, California. The Property includes one, two-story building constructed in 1923 and renovated on multiple occasions. The building totals 7,701 sf in size and is situated on a level, rectangular 5,414 sf parcel on the southwest corner of East 4th Street, and Ximeno Avenue. The Property has nine, one-bedroom/one bath apartment units plus an approximately 1,500 square foot commercial suite located on the first floor at the hard corner. The commercial unit is leased to Egg Heaven Cafe, which opened in 1969 and is considered to be one of the most well-known and loved breakfast diners in the city. East 4th Street is a a busy mixed-use street developed with retail, offic e, multi-residential units and a few single-family homes. It is one of the main east/west traffic corridors through the neighborhood. Belmont Heights is one of the area's most sought-after coastal submarkets with a broad tenant base of young professionals, families and long-term residents. Woodrow Wilson High School is located just three blocks to the north of the Property. The 229-acre, city-owned Recreation Park is located one-quarter mile to the east and features a community center, two golf courses, a tennis center, fishing pond and a baseball stadium. The heart of trendy Belmont Shore is three quarters of a mile to the south. California State University, Long Beach is located one and one-quarter miles to the northeast. City Beach, Bluff Park and the Belmont Pier are less than one mile to the south. Long Beach Municipal Airport is located less than three miles to the north. Anduril Industries, a cutting-edge defense technology company specializing in artificial intelligence applications has recently announced that it is commencing a $1 billion redevelopment of land adjacent to the Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. This is the first offering for sale of the Property since the current Owner acquired it in 2004. The property is fully-occupied and rarely has vacant units. Current apartment rental rates are below market and range up to $1,695 per month. The property is subject only to State of California rent control. Most tenants occupy units on a month-to-month basis.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,150,000

AD Id : 77847432

MLS Id : PW26093940

Lot Size : 5,414 Sqft

Living Area Size : 7,701

Year Built : 1923

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer,Sewer Assessment(s)
  • Interior Features

    Exterior Property Features: Awning(s) Interior Features: Tile Counters,Unfurnished Property Appliances: Electric Range,Disposal Fireplace: None Flooring: Carpet,Laminate,Vinyl
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1923 Building Area Total: 7,701 Construction: Frame,Stucco
  • Exterior Features

    Awning(s)
  • Accessibility Features

    None

    Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1243
  • Lot Size Source: Assessor Lot Size Square Feet: 5414

  • Listing Price Information

    Original List Price: 2,150,000 Listing Contract Date: 2026-04-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7255036023 Annual Tax: 29217

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 2 - Belmont Heights, Alamitos Heights Directions: Travel W on 7th Street to Ximeno Avenue, subject is on the SW corner. Source Property Type: Residential Income Area: 2 - Belmont Heights, Alamitos Heights Property SubType: Mixed Use
  • Building and Construction

    Property Age: 103 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: Front sidewalk Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
377 Ximeno Avenue, Long Beach, CA, 90814 $995,000 2 1 871 871 SqFt
359 Termino Avenue, Long Beach, CA, 90814 $1,120,000 3 1 1,429 1,429 SqFt
2439 E 6th, Long Beach, CA, 90814 $925,000 2 -- 987 987 SqFt

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ByOwner last updated this listing 06/11/2026 @ 14:26

MLS: PW26093940 LISTED BY: Carl Reinhart, Carl Reinhart, Broker 714-404-8020 SOURCE: CRMLS

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