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1020 E Broadway — photo 1
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Units

4

Building Size

3,743 sf

Lot Size

3,743 sf

Status

Active

Listing Agent: Makoto Ozaki, Person Realty Inc.

Long Beach

1020 E Broadway

About This Property

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.

Unit Mix

  • 3 units · 2bd / 1ba
  • 1 unit · 3bd / 2ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Asking Price

$2,500,000

Est. Monthly Payment

$15,975/mo

20% down · 6.5% rate · 30yr

Run the Numbers
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Listing Agent

Makoto Ozaki

Person Realty Inc.