1513 E Broadway, Long Beach, California 90802
- $1,395,000
- $1,395,000
Overview
- Apartment, Residential Income
- 2660 Sqft
- 1914
Description
Seller Financing Available! Steps to the Ocean! Rare opportunity to acquire a coastal 5-unit property in Long Beach’s highly desirable Alamitos Beach neighborhood. With seller financing available, investors may be able to acquire the property with approximately $400, 000 down, offering attractive leverage in a strong rental market. 1513 E Broadway features a desirable unit mix of (1) 2-bedroom, 2-bath and (4) 1-bedroom, 1-bath units, with walkable coastal living just steps from the ocean. Tenants enjoy proximity to Bixby Park, Retro Row, Belmont Shore, and the vibrant Broadway corridor with popular dining, coffee shops, and boutiques. Convenient access to Downtown Long Beach and major employment centers further enhances long-term investment appeal. Offered at 11.7 GRM and 5.1% Cap Rate, this is an attractive coastal investment opportunity.
Address
Open on Google Maps-
Address: 1513 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: Alamitos Beach (AB)
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Country: US
Details
Updated on June 2, 2026 at 12:56 am-
Property ID SB26075231
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Price $1,395,000
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Property Size 2660 Sqft
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Land Area 0.0576 Acres
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Year Built 1914
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, Fannie Mae, Freddie Mac, Owner Will Carry, Owner May Carry, Private Financing Available
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Utilities See Remarks
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Sewer Public Sewer
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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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Parking None
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Community Features Biking, Curbs, Dog Park, Street Lights, Sidewalks, Park
Mortgage Calculator
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