4018 E Vermont Street, Long Beach, California 90814, Long Beach, 90814 - 6 bed, 5 bath

4018 E Vermont Street, Long Beach, California 90814 home-pic-0
ACTIVE$1,650,000
4018 E Vermont Street, Long Beach, California 90814
6Beds
5Baths
3,096Sqft
6,749Lot
Year Built
1922
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$533
HOA
-
Days on market
-
Sold On
-
MLS number
PW25176511
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros.

Price History

Date
Event
Price
08/05/25
$1,650,000
09/07/22
Sold
$1,495,000
07/12/17
Sold
$1,168,000
06/21/07
Sold
$940,000
Condition Rating
Poor

The property was built in 1922, making it over a century old. The MLS listing explicitly identifies its age as a weakness, stating it 'likely necessitating significant capital expenditures for ongoing maintenance, system upgrades, and potential structural repairs.' This aligns with the 'poor' condition criteria, indicating that major components require repair and there are likely significant defects. Without interior images, a direct assessment of the kitchen and bathrooms is impossible, but given the property's age and the stated need for substantial repairs, it's highly probable these areas are severely outdated and require extensive renovation. The exterior image shows an aged structure with visible wear, including cracks in the stucco, consistent with a property needing substantial rehabilitation.
Pros & Cons

Pros

Mixed-Use Zoning: The property's mixed-use designation provides exceptional flexibility for both residential and commercial applications, enhancing its income potential and market versatility.
Spacious Layout & High Capacity: With 6 bedrooms, 5 bathrooms, and 3096 sqft, the property offers substantial living/working space, ideal for large families, multi-generational living, or various business configurations.
Prime Long Beach Location: Situated in desirable Belmont Heights/Alamitos Heights, the property benefits from a sought-after Long Beach address known for its community, amenities, and coastal proximity.
Consistent Property Appreciation: The sales history demonstrates strong and consistent value appreciation over the past two decades, suggesting a robust investment in a stable market.
Generous Lot Size: A 6,749 sqft lot provides ample outdoor space, a valuable asset in an urban environment, offering potential for expansion, landscaping, or additional parking.

Cons

Historic Property Age: Built in 1922, the property is over a century old, likely necessitating significant capital expenditures for ongoing maintenance, system upgrades, and potential structural repairs.
Absence of Scenic Views: The property lacks any notable scenic views, which could be a disadvantage compared to other properties in coastal Long Beach that often boast ocean or city vistas.
Conflicting Listing Availability: The 'on_market_date' and 'modified_timestamp' are future-dated (2025), creating ambiguity regarding the property's immediate availability despite its 'Active' status, potentially deterring immediate buyers.

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