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$4,850,000
1 Day On Site

4420 4408 E Greenmeadow
Long Beach, CA 90808

For Sale|Apartment|Active
0
Beds
0
Total Baths
14,941
SqFt
$325
/SqFt
1941
Built
Subdivision:
Lakewood Village (LKVL)
County:
Los Angeles
Listed by Christopher Walker of Triqor Group [email protected]
4420 4408 E Greenmeadow4420 4408 E Greenmeadow4420 4408 E Greenmeadow4420 4408 E Greenmeadow
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Monthly Payment (Est.)

$22,128
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The Lakewood Village Portfolio offers investors the rare opportunity to acquire three well-maintained mixed-use and SRO assets totaling 42 SRO units and 3 retail storefronts in one of Long Beach’s most desirable and supply-constrained neighborhoods. Located in Lakewood Village, an established infill community known for exceptional demographics, pride-of-ownership housing, and extremely low turnover, the portfolio provides strong in-place income and operational stability. Current income supports an attractive 7.2% cap rate and 7.83 GRM, positioning the offering as a compelling yield opportunity in a high-barrier submarket. Across the portfolio, all buildings are well maintained and exhibit true pride of ownership, with numerous physical, cosmetic, and system upgrades completed by ownership. The SRO units range between 100 and 200 square feet, with a mix of private layouts and others utilizing shared community bathrooms and showers, aligning well with the 30-day minimum stay model and helping maintain consistently strong occupancy. The three retail storefronts are individually metered for gas and electricity. Significant system improvements further enhance the portfolio’s long-term durability. All buildings have updated main electrical panels and subpanels. 4430 Village also offers dedicated 20-amp circuits in SRO rooms. The 4430 Village building includes 2 shared showers and 3 toilets and has a newer roof. All buildings are secured with security cameras and has an onsite laundry facility. The location offers exceptional convenience and connectivity. The properties are walking distance to Long Beach City College and minutes from Lakewood Golf Course, Heartwell Park, Parkview Village retail, and the region’s premier lifestyle destination, LBX (Long Beach Exchange)—a major draw for dining, retail, entertainment, and fitness concepts. This amenity-rich environment supports sustained demand for both residential and retail space.

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Listing Snapshot
Price 
$4,850,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
14,941 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4695 Acres
Year Built 
1941
MLS® Number 
PW26203183
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.4695
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
14
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
14941
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Irregular Lot
Pool Features 
None
Community Features
Community Features 
Sidewalks
MLS Area 
29 - Lakewood Village
Financing Terms Available 
Conventional
Building Access 
1


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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