Long Beach, CA 90808,4426 N Lakewood Boulevard
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Long Beach, CA 90808,4426 N Lakewood Boulevard
Long Beach, CA 90808,4426 N Lakewood Boulevard
Long Beach, CA 90808,4426 N Lakewood Boulevard
Long Beach, CA 90808,4426 N Lakewood Boulevard

$2,315,000

Est. payment /mo

$2,699,000

14.2%
Est.Price: ?

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4426 N Lakewood Boulevard Long Beach, CA 90808

6 Beds

SOLD DATE : 09/16/2025

Key Details

Sold Price $2,315,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Lakewood Village (Lkvl)

MLS Listing ID NP25113000

Bedrooms 6

Property Sub-Type Res Income 2-4 Units

Property Description

4426 N. Lakewood Blvd is a pride-of-ownership 10-unit apartment building in the heart of East Long Beach, just blocks from the fast-growing development near Long Beach Airport. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units on a 7,506 SF lot. Four units have been fully remodeled, and the building has been diligently maintained with rent increases implemented annually. Projected gross monthly rent as of June 1, 2025 is $17,400 ($208,800 annualized), offering strong in-place cash flow and additional upside. The property includes 7 garages, on-site laundry, and tenant-paid gas and electricity (owner covers water). Excellent location less than a mile from new restaurants, infrastructure, and employment hubs near the airport corridor. This is a stabilized, well-performing asset with professional managementperfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.

Location

State CA

County Los Angeles

Zoning Public Rec

Interior

Cooling Wall/Window

Exterior

View Y/N No

Building

Story 2

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MLS Router / San Diego MLS
Listed by Joshua Coburn Chamberlain Real Estate
Bought with Joshua Coburn Chamberlain Real Estate
Pam Wenhe

Pam Wenhe

Broker | License ID: 01325484

+1(619) 892-3300

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