4401 E Division Street, Long Beach, California 90803, Long Beach, 90803 - bed, bath
ACTIVE$1,950,000$2,628/sqft
4401 E Division Street, Long Beach, California 90803
0Bed
0Bath
2,628Sqft
3,149Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Naples Elementary School (10/10).
Top Cons:
Age of Building & Potential Infrastructure: Built in 1953, the property is over 70 years old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) that could require significant capital expenditures in the future.
Compared to the nearby listings
Price:$1.95M vs avg $2.10M ($-147,500)50%
Size:2,628 sqft vs avg 4,346.5 sqft50%
Price/sqft:$742 vs avg $46875%
More Insights
Built in 1953 (73 years old).
Condition: The property, built in 1953, features extensively updated unit interiors, including modern kitchens with newer appliances (refrigerators, stove/ranges, dishwashers, microwaves), updated tiled bathrooms, and contemporary laminate or vinyl wood-look flooring. These renovations make the units move-in ready with no immediate updates required. While the overall building is older and lacks central cooling, the significant and recent interior upgrades align with the 'Good' condition criteria for renovated properties.
Year Built
1953
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$742
HOA
-
Days on market
-
Sold On
-
MLS number
SB25278411
Home ConditionGood
Features
View-
About this home
**We are updating the 2 bedroom now.** 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.
V
Virginia Rater
Listing Agent
Nearby schools
9/10
Lowell Elementary School
Public,•K-5•0.6mi
10/10
Naples Elementary School
Public,•K-5•0.9mi
7/10
Rogers Middle School
Public,•6-8•0.7mi
6/10
Wilson High School
Public,•9-12•1.2mi
Price History
Date
Event
Price
05/25/07
Sold
$1,105,000
Condition Rating
Good
The property, built in 1953, features extensively updated unit interiors, including modern kitchens with newer appliances (refrigerators, stove/ranges, dishwashers, microwaves), updated tiled bathrooms, and contemporary laminate or vinyl wood-look flooring. These renovations make the units move-in ready with no immediate updates required. While the overall building is older and lacks central cooling, the significant and recent interior upgrades align with the 'Good' condition criteria for renovated properties.
Pros & Cons
Pros
Great Schools: Elementary School: Naples Elementary School (10/10).
Prime Location: Situated in the highly desirable Belmont Shore area, offering excellent walkability to the 2nd Street Promenade's shops and restaurants, and just three blocks from the beach.
Income-Generating Multi-Unit Property: Comprises five distinct units (2 studios, 2 one-bedrooms, 1 two-bedroom), providing diversified rental income streams and strong investment potential.
Modernized Unit Interiors: Each unit features updated tiled baths, well-appointed kitchens with newer appliances (refrigerators, stove/ranges, dishwashers, garbage disposals, microwaves), and contemporary laminate or vinyl wood-look flooring.
Tenant-Friendly Amenities & Features: Includes valuable amenities such as three assigned parking spaces (two covered carports), a dedicated laundry room for tenants, and security cameras, enhancing tenant appeal and convenience.
Proactive Property Management: The ongoing update of the 2-bedroom unit indicates a commitment to maintaining and improving the property, potentially leading to increased rental value and tenant satisfaction.
Cons
Age of Building & Potential Infrastructure: Built in 1953, the property is over 70 years old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) that could require significant capital expenditures in the future.
Limited Parking Availability: With only three assigned parking spaces for five units, parking may be insufficient for all tenants, potentially creating challenges in a dense urban environment like Belmont Shore.
Lack of Central Cooling System: The property description does not mention a central cooling system, which could be a drawback for tenants during warmer months and may require individual unit solutions or future installation.