Long Beach, CA 90808,4426 N Lakewood BLVD
Long Beach, CA 90808,4426 N Lakewood BLVD
Long Beach, CA 90808,4426 N Lakewood BLVD
16
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$2,315,000
$2,699,000 14.2%
Est. payment /mo
Sold on 09/16/2025

4426 N Lakewood BLVD Long Beach, CA 90808

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Lee Williams
Lee Williams

Agent | License ID: 01726182

+1(310) 400-6389

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Key Details

Sold Price $2,315,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Lakewood Village (Lkvl)

MLS Listing ID NP25113000

Sold Date 09/16/25

Construction Status Turnkey

HOA Y/N No

Year Built 1958

Property Sub-Type Apartment

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

Area 29 - Lakewood Village

Zoning LBR34

Interior

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Door-Single, Garage Faces Front, Garage, Garage Faces Rear

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Water Connected

Total Parking Spaces 7

Private Pool No

Building

Lot Description Landscaped, Paved

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 7182001004

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional,Private

Special Listing Condition Standard, Trust


CRMLS – RECore
Listed by Joshua Coburn Chamberlain Real Estate 562-552-1127
Bought with Joshua Coburn Chamberlain Real Estate

GET MORE INFORMATION

Lee Williams

Lee Williams

Agent | License ID: 01726182

+1(310) 400-6389

Name
Phone*
Message

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4426 N Lakewood BLVD