1020 E Broadway, Long Beach, California 90802
- $2,600,000
- $2,600,000
Overview
- Apartment, Residential Income
- 3.0
- 3743 Sqft
- 1963
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 buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.
Address
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Address: 1020 E Broadway
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90802
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Area: North Long Beach (NLB)
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Country: US
Details
Updated on July 16, 2026 at 11:07 am-
Property ID SB26155227
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Price $2,600,000
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Property Size 3743 Sqft
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Land Area 0.0859 Acres
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Garages 3.0
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Year Built 1963
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, 1031 Exchange
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Utilities Natural Gas Available, Sewer Available
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Sewer Public Sewer
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Cooling Electric, Gas
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Heating Electric
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Flooring Wood
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Urban
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees