4401 Division, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 5 bath
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Long Beach, California 90803
This Turnkey Multi-Unit Income Property is listed at $1,950,000, representing a premium coastal asset aligned with its $1,800,776 Fair Market Value. Boasting a Move-In Ready Condition, the five-unit building features updated kitchens with newer appliances and renovated tiled bathrooms. Its prime location in Belmont Shore provides immediate access to Top-Rated Schools, including Naples Elementary (10/10), and ensures high rental demand near the 2nd Street Promenade. This property is a stable, high-demand acquisition perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking for a sophisticated house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4401 Division Subject | $1,950,000* List Price | 4 | 5 | 2,628 | $685 | - |
A 24 Roswell Sold | $1,875,000 | 0 | 0 | 2,780 | $674 | 1.0 mi |
B 32 La Verne Avenue Sold | $1,485,000 | 0 | 0 | 2,627 | $565 | 0.4 mi |
C 4401 E Division Street Active | $1,950,000 List Price | 0 | 0 | 2,628 | $742 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the property is move-in ready and well-maintained. The units have been updated with modern laminate and vinyl flooring, renovated tiled bathrooms, and kitchens featuring newer appliances including dishwashers and microwaves. The overall condition suggests consistent upkeep and recent cosmetic and functional improvements.
Elementary School: Naples Elementary School (10/10).
Situated in the highly sought-after Belmont Shore neighborhood, this property is perfectly positioned between the 2nd Street Promenade and the ocean, ensuring high tenant demand and premium rental rates.
The property features a versatile mix of five units (two studios, two 1-bedrooms, and one 2-bedroom), providing a diversified income stream and appealing to a wide range of potential renters.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With only three assigned parking spaces for five units, the property has a parking deficit that may be a significant drawback for tenants in a high-density area where street parking is notoriously difficult.
Built in 1953, the property may have aging underlying systems such as plumbing or electrical that could require more frequent maintenance compared to newer construction, despite cosmetic interior updates.
SELLER IS MOTIVATED. Why not live in a lovely two bedroom, one bath apartment and have rental income, as well? This income property is in a high demand Belmont Shore neighborhood, between the 2nd Street Promenade and the ocean - Just a few minutes walk to restaurants and shops on 2nd Street, or walk three blocks south to the beach. This property has 2 studios, 2 one bedrooms, and 1 two bedroom w/ one full bath. There's also a total of three assigned parking spaces: two covered carports and one uncovered space. Outside the building there are security cameras and every unit has a separate electric meter. The owner has two separate storage closets. There's also a community laundry room. Each unit features updated tiled baths, bright clean, well-appointed kitchens with newer refrigerators, stove/ranges, dishwashers, garbage disposals and microwaves. The living and bedroom floors are laminate or vinyl. PLEASE DO NOT DISTURB TENANTS.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 80% |
| Baths | 5.0 | 0.0 | 80% |
| Square foot | 2,628 | 2,780 | 40% |
| Lot Size | 3,150 | 4,099 | 40% |
| Price | $1.95M | $1.95M | 50% |
| Price per sq ft | $742 | $565 | 80% |
| Built year | 1953 | 1947 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 205 | 20% |
Dec 20, 2025
$1,950,000
Initial Listing
May 25, 2007
$1,105,000
Public Record