1020 E Broadway, Long Beach, CA 90802
1020 E Broadway, Long Beach, CA 90802
1020 E Broadway, Long Beach, CA 90802
1020 E Broadway, Long Beach, CA 90802
1020 E Broadway, Long Beach, CA 90802
1020 E Broadway, Long Beach, CA 90802
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Orlando Garcia

Orlando Garcia

+1(562) 413-7349
$ 2,600,000
Est. payment | /mo

3,741 Sqft Lot

Save
$ 2,600,000
Est. payment | /mo
Save

3,741 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID SB26155227

HOA Y/N No

Year Built 1963

Annual Tax Amount $32,388

Tax Year 2025

Lot Size 3,741 Sqft

Lot Dimensions Public Records

Property Sub-Type Apartment

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 buyer's agent to independently verify all property information, rents, expenses, permits, and square footage.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBR4N

Interior

Interior Features All Bedrooms Down

Heating Electric

Cooling Electric, Gas

Flooring Wood

Fireplaces Type Bath, Dining Room, Family Room, Kitchen, Library, Living Room, Primary Bedroom

Fireplace Yes

Appliance Built-In Range, Electric Range, Gas Range

Laundry Common Area

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Urban

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

View Neighborhood

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7265002024

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Makoto Ozaki Person Realty Inc. 949-662-8805, DRE #02194514

Nearby Locations

Orlando Garcia

+1(562) 413-7349

ogarcia@realtygrouphs.com

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1020 E Broadway