4426 N. Lakewood Blvd is a pride-of-ownership 10-unit apartment building in the heart of East Long Beach, just blocks from the fast-growing development near Long Beach Airport. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units on a 7,506 SF lot. Four units have been fully remodeled, and the building has been diligently maintained with rent increases implemented annually. Projected gross monthly rent as of June 1, 2025 is $17,400 ($208,800 annualized), offering strong in-place cash flow and additional upside. The property includes 7 garages, on-site laundry, and tenant-paid gas and electricity (owner covers water). Excellent location less than a mile from new restaurants, infrastructure, and employment hubs near the airport corridor. This is a stabilized, well-performing asset with professional management—perfect for investors seeking reliable returns and long-term value growth. Property has professional management in place.
MLS #
CRNP25113000
MLS Source
California Regional MLS
Days on Site
6
Cooling
Window/Wall Unit
Garage/Parking
Garage, Garage: 7 Car(s)
Listing Agent
Joshua Coburn
Chamberlain Real Estate
License #: 02027758
Phone: –
Co-Listing Agent
Craig Chamberlain
License #: 01009073
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 10 | – |
4426 N Lakewood Bld is a Residential Income in Long Beach, CA 90808. This – square foot property sits on a 7,506 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,799,000 and was built in 1958.
This address can also be written as 4426 N Lakewood Bld, Long Beach, CA 90808.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 22, 2025. For the most current information, please contact Joshua Coburn