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For SaleLuxury

$2,500,000

3,742 sqft$668/sqft115 days on market

1020 E Broadway

Long Beach, CA 90802

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

3,742

Square feet

1963

Built

Listing narrative

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.

Listing agent (MLS): Makoto Ozaki · Listing brokerage (MLS): Person Realty Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,500,000

Beds

Beds n/a

Type

Condo

Home Size

3,742 sqft

Baths

Baths n/a

Lot Size

3,742 sqft

Year

1963

Neighborhood

North Long Beach

Status

For Sale

Days on Market

115

$ / Sqft

$668

· 8% down, 7% APR, 30yr fixed
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Courtesy of Person Realty Inc.