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
Long Beach, CA 90808,4426 N Lakewood Boulevard
Long Beach, CA 90808,4426 N Lakewood Boulevard
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Listed by Chamberlain Real Estate 

$2,315,000

$2,699,000

14.2%
Est.Price: ?

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Est. payment /mo

7,682 SqFt


SOLD DATE : 09/16/2025

Key Details

Sold Price $2,315,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 7,682 sqft

Price per Sqft $301

MLS Listing ID CRNP25113000

Sold Date 09/16/25

HOA Y/N No

Year Built 1958

Lot Size 7,506 Sqft

Property Sub-Type Other

Source Datashare California Regional

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 management—perfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.

Location

State CA

County Los Angeles

Interior

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Laundry Other

Building

Lot Description Other, Paved

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