4426 N Lakewood Boulevard, Long Beach, CA, US, 90808
4426 N Lakewood Boulevard, Long Beach, CA, US, 90808Basics
- Date added: Added 4日 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 2, 2
- Lot size: 7506, 7506 sq ft
- Year built: 1958
- Property Condition: Turnkey
- Subdivision Name: Lakewood Village (LKVL)
- Zoning: LBR34
- County: Los Angeles
- MLS ID: NP25113000
Description
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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 management—perfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.
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Location
- Directions: Traveling North on Lakewood Boulevard, the property will be on your RIGHT hand side.
- Lot Size Acres: 0.1723 acres
Building Details
Amenities & Features
- Pool Features: None
- Parking Features: DoorSingle,GarageFacesFront,Garage,GarageFacesRear
- Spa Features: None
- Parking Total: 7
- Utilities: WaterConnected
- Cooling: WallWindowUnits
- Fireplace Features: None
- Laundry Features: CommonArea
Expenses, Fees & Taxes
- Trash Expense: $360
- New Taxes Expense: $36,713
- Maintenance Expense: $9,259
- Electric Expense: $1,300
- Insurance Expense: $5,500
- Licenses Expense: $250
- Water Sewer Expense: $5,700
Miscellaneous
- List Office Name: Chamberlain Real Estate
- Listing Terms: Cash,CashToNewLoan,Conventional
- Common Interest: CommunityApartment
- Community Features: Curbs,StreetLights,Sidewalks
- Attribution Contact: 562-552-1127