Keller Williams Palos Verdes - John Morris
1/13
Listed By: Coldwell Banker Commercial, 714-856-7017, George Bustamante
Local Realty Services Provided By: Keller Williams Realty Pacific Estates
Overview
What It'll Cost
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$2,550,000
4635 N Bellflower Boulevard, Long Beach, CA 90808
6,300 sq ft
.17 ac
Price Increase: $2,295,000 (5 days ago)
$2,550,000
$255,000

4635 N Bellflower Boulevard, Long Beach, CA 90808

Estimation provided by Keller Williams Realty Inc.
6,300 sq ft
.17 ac
Active
For Sale

Property Description

We are pleased to present an 8-unit apartment building in Long Beach, California. Built in 1961, this property offers 6,300 rentable square feet on a 7,210-square-foot lot. The unit mix includes four 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units.



All eight units have been upgraded, and the entire building features copper plumbing. Additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. The property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. Residents also benefit from eight dedicated parking spaces.



Situated in the desirable Lakewood Village neighborhood, the property is conveniently located near shopping, dining, Long Beach City College, California State University Long Beach, and Long Beach Airport.



Long Beach is undergoing significant redevelopment, with the $4.4 billion expansion of the Long Beach Port expected to create 14,000 new permanent jobs in Southern California. Additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. The new $520 million Long Beach Civic Center now houses City Hall, the Port of Long Beach headquarters, and the Main Library.



With its strong economy, high quality of life, and ongoing revitalization, Long Beach remains an attractive rental market. This property boasts a history of high occupancy and offers significant upside potential for rental income.

Property Details

Compare This Home
Overview
Property Type
Apartment
Property Size
6,300 sq ft
Year Built
1961
Days on Site
52 Days
Parking
8 Parking Spaces
John Morris Real Estate
Keller Williams Palos Verdes
01382377

Activity History

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0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $2,550,000
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Price & Tax History

Date
Event
Price
03/26/2025
Price Increase
$2,550,000
(+900%)
03/26/2025
Price Decrease
$255,000
(-90.29%)
02/07/2025
Listed
$2,625,000
(+31.25%)
01/15/2020
Sold
$2,000,000
(+50.38%)
12/21/2007
Sold
$1,330,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$27,773
(+6.54%)
$2,102,355
Land 1,261,413 + Additions 840,942
2022
$26,069
(+2.08%)
$2,020,720
Land 1,212,432 + Additions 808,288
2021
$25,537
(+25.22%)
$2,020,720
Land 1,212,432 + Additions 808,288
2019
$20,394
(+3.96%)
$1,597,383
Land 840,727 + Additions 756,656
2017
$19,618
$1,535,357
Land 808,082 + Additions 727,275
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
John Morris Real Estate
Keller Williams Palos Verdes
01382377

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