4401 E Division Street, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Turnkey Multi-Unit Asset in Belmont Shore offers a rare blend of coastal lifestyle and immediate rental income. Listed at $1,950,000, the price reflects the property's Good Condition Rating and prime location compared to the $1,800,776 Fair Market Value. With five modernized units featuring updated kitchens and laminate flooring, the building is positioned for high tenant retention and premium rates. Proximity to the 10/10 rated Naples Elementary School ensures long-term desirability and asset stability. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a premium coastal "house-hack."
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4401 E Division Street Subject | $1,950,000* List Price | 0 | 0 | 2,628 | $685 | - |
A 24 Roswell Sold | $1,875,000 | 0 | 0 | 2,780 | $674 | 0.2 mi |
B 32 La Verne Avenue Sold | $1,485,000 | 0 | 0 | 2,627 | $565 | 0.5 mi |
C 4401 Division Active | $1,950,000 List Price | 4 | 5 | 2,628 | $742 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior updates across all five units. While the building was constructed in 1953, the interiors have been modernized with laminate and vinyl wood-look flooring, updated tiled bathrooms, and well-appointed kitchens featuring newer appliances (refrigerators, stoves, dishwashers, and microwaves). The property appears well-maintained with functional systems, meeting the criteria for a 'good' condition score.
Elementary School: Naples Elementary School (10/10).
Situated in the highly desirable Belmont Shore neighborhood, this property is perfectly positioned between the vibrant 2nd Street Promenade and the beach, ensuring consistent tenant demand and premium rental rates.
The units feature modern upgrades including tiled bathrooms, well-appointed kitchens with newer appliances, and durable laminate flooring, significantly reducing immediate capital expenditure for a new owner.
With only three assigned parking spaces for five units, the property may face challenges in a neighborhood notorious for difficult street parking, which could impact tenant satisfaction.
Built in 1953, the property may require ongoing maintenance or future upgrades to underlying plumbing and electrical systems that are common with structures of this era.
This is a high demand Belmont Shore location 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 are covered carports and one is an uncovered space next to the carports. Outside the building there are security cameras and each unit has a separate electric meter. The owner has two storage closets and there's also a laundry room for tenants. Every 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 wood look flooring. 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 | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,628 | 2,780 | 40% |
| Lot Size | 3,149 | 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