1020 E Broadway, Long Beach, CA 90802
1020 E Broadway, Long Beach, CA 90802
1020 E Broadway, Long Beach, CA 90802
9
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$2,600,000
Est. payment /mo
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5 Beds
3 Baths
3,743 Sqft Lot
Active

1020 E Broadway Long Beach, CA 90802

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Mike Acker

Mike Acker

+1(619) 454-0620

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID SB26155227

Bedrooms 5

Lot Size 3,743 Sqft

Lot Dimensions 50 x 75

Property Sub-Type Res Income 2-4 Units

Property Description

Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10,197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyers agent to independently verify all property information, rents, expenses, permits, and square footage.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction From Alamitos Avenue, head east on E Broadway. The property is located between Orange Avenue and Bonito Avenue.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7265002024

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Makoto Ozaki, DRE#02194514 Person Realty Inc. 

NEARBY SCHOOL & BUSINESS

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Mike Acker

Mike Acker

Agent | License ID: 01356721

+1(619) 454-0620

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1020 E Broadway

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