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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.
Property Type(s):
Residential Income
| Last Updated | 5/20/2025 | Tract | Lakewood Village (LKVL) |
|---|---|---|---|
| Year Built | 1958 | Community | Lakewood Village |
| Garage Spaces | 7.0 | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lakewood Village |
| GARAGE | Door-Single, Garage, Garage Faces Front, Garage Faces Rear, Yes |
| LOT | 7506 sq ft |
| LOT DESCRIPTION | Landscaped, Paved |
| PARKING | Door-Single,Garage Faces Front,Garage,Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Lakewood Village (LKVL) |
| UTILITIES | Water Connected |
| WATER | Public |
| ZONING | LBR34 |
Location
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Listed with Chamberlain Real Estate
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