4251 E 4th Street

Long Beach, CA 90814

4251 E 4th Street is a 14-unit Spanish-style multifamily building in the Belmont Heights neighborhood of Long Beach, California. Built in 1931, the 9,354 square foot property comprises 8 one-bedroom and 6 studio apartments, with individual gas meters and 4 garages. The asset was acquired in July 2025 for $2,785,000 — 103% of list price in 27 days — carrying a 5.99% cap rate and $161,456 NOI. Offered publicly for the first time in over forty years, the property is subject to rent control and situated near 4th Street's Retro Row, Colorado Lagoon, and Alamitos Beach.