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323 W 4th St
Long Beach, CA 90802
The American Apartments · Multifamily Property For Sale · 47 Units

Investment Highlights

  • Unit #201 Is vacant Unit #203 – Leased at $1,600/montly four blocks from the beach

Executive Summary

Welcome to this unique and highly desirable opportunity to own two separate studio units being sold together as one parcel in the heart of vibrant downtown Long Beach. Whether you’re looking to expand your portfolio or secure a property with income-generating potential from day one, this versatile offering delivers both value and charm. Each unit is housed in a beautifully preserved 1920s historic building, thoughtfully updated to meet modern needs while retaining its vintage appeal. Both units feature full kitchens with gas stoves and refrigerators, laminate flooring, quartz countertops, and charming layouts that maximize function and Investor’s Dream. This is the perfect buy for seasoned investors, 1031 exchange buyers, or owner-occupants seeking passive income and long-term appreciation in one of Southern California’s fastest-growing coastal cities. Located just blocks from the beach, restaurants, shopping, public transportation, nightlife, and local attractions like theaters and the waterfront, this is one of the most walkable and dynamic areas in Long Beach. With the added bonus of being one block from the Blue Line, it’s a commuter’s dream. Don’t let this investment property pass you by!

Property Facts

No. Units 47
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class B
Lot Size 0.17 AC
Building Size 22,507 SF
Average Occupancy 50%
No. Stories 4
Year Built 1923
APN / Parcel ID
7280-011-055
  • 7280-011-061
  • 7280-011-066
  • 7280-011-072
  • 7280-011-080
  • 7280-011-095
Zoning LBR4N

Amenities

Unit Amenities

  • Kitchen
  • Oven
  • Range

Site Amenities

  • Breakfast/Coffee Concierge

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - -
  • Listing ID: 35985854

  • Date on Market: 5/25/2025

  • Last Updated:

  • Address: 323 W 4th St, Long Beach, CA 90802

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