For sale · Active

425 W 4th

Long Beach, CA 90802

$1,600,000
Lot size0.0736 acres
Property typeApartment
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Listing broker / agent: Younglewin Advisors, Inc. · Daniel Gomez · 562-266-7629 · CRMLS

MLS # PW26218881 · Last checked Oct 20, 2026 08:21 UTC

About this property

Welcome to 425 W 4th St, a well preserved 1920s multifamily property in the historic Willmore City neighborhood of Downtown Long Beach. The building blends vintage character with modern upgrades. It offers oversized one bedroom units of approximately 800 SF, each with a large double door walk in closet suitable for storage, a home office, or flex space. Original built ins, distinctive architectural moldings, and beautifully refinished original hardwood floors give the units a charm that is hard to find in today's rental market. Most units have been upgraded with modern kitchens and baths featuring quartz countertops and new tile, and select electrical and plumbing improvements have also been completed. Each unit includes its own washer and dryer, which is rare for vintage downtown product. The property has a 92 Walk Score and sits three blocks from the ocean. It is close to the new courthouse, parks, dining, transit, and major freeways, within a submarket with low vacancy and consistent tenant demand. It offers approximately a 6% current cap rate with an estimated 20% rental upside, giving investors stable cash flow and meaningful room for income growth.

Property details

MLS number
PW26218881
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.0736 acres
County
Los Angeles
Year built
1920
More property detailsExpandCollapse

Listing

Days on market
0

Building

Year built
1920
Year built source
Assessor
Building stories
3
Levels
Three Or More
Entry level
1

Rooms & interior

Laundry
Inside

Exterior & parking

Total parking spaces
1
Garage spaces
1
Pool
None
Lot features
Zero To One Unit Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Urban

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Chavez Elementary (school website, opens in a new tab) Long Beach Unified · Long Beach K–5 0.3 mi
Edison Elementary Long Beach Unified · Long Beach K–5 0.3 mi
Jenny Oropeza Elementary Long Beach Unified · Long Beach K–5 0.5 mi
Renaissance High School for the Arts Long Beach Unified · Long Beach 9–12 0.5 mi
Stevenson Elementary Long Beach Unified · Long Beach K–5 0.8 mi
Franklin Classical Middle Long Beach Unified · Long Beach 6–8 1.1 mi
Roosevelt Elementary Long Beach Unified · Long Beach K–5 1.2 mi
Intellectual Virtues Academy (school website, opens in a new tab) Los Angeles County Office of Education · Long Beach 9–12 1.2 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,600,000
MLS-reported original asking price
$1,600,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 13, 2026 19:29$1,600,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

MLS-reported annual tax (2026)
$21,773
Tax-year amounts collected from the MLS feed
Tax yearAnnual taxObserved (UTC)
2026$21,773Oct 13, 2026 19:29

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Long Beach

Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings598Current authorized inventory
Median asking price$712,500598 listings with a valid price
Median asking price / sq ft$618.96569 listings with confirmed sq ft
Median days on market30.5598 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction107
Listings with an increase4

109 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 09:33 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Payment calculator

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Loan assumptions and ownership costs

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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