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1020 E Broadway

Long Beach, CA 90802
Active
Multifamily
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$2,600,000
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… Read MoreRead Less
Property listed by Person Realty Inc., Makoto Ozaki 310-259-7556
Listing Snapshot
Days Online
35
Last Updated
Property Type
Apartment
Lot Size
0.09 Acres
Year Built
1963
MLS Number
SB26155227
Property Location Map
Additional Details
Appliances & Equipment
BuiltInRange, ElectricRange, GasRange
Building
Built in 1963, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Urban
Cooling
Electric, Gas
Expenses
Electric: $1,273, Insurance: $3,436, Licenses: $678.51, Maintenance: $9,575, Operating: $68,257, Supplies: $185.47, Water/Sewer: $2,316, Other Expense: $6,440
Fireplaces
Bath, DiningRoom, FamilyRoom, Kitchen, Library, LivingRoom, PrimaryBedroom
Floors
Wood
Garage
3 spaces
Heating
Electric
Income
Gross Income: $113,762, Gross ScheduledIncome: $122,368, Net Operating Income: $45,504.3
Interior Features
AllBedroomsDown
Laundry
CommonArea
Lot
0.0859 acres, Dimensions: 50 x 75, TwoToFiveUnitsAcre
Parking
3 total parking spaces
Pool
None
Property
Neighborhood
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7265002024, Annual Amount: $32,388, Tax Block: 96, Lot: 4, Tract: ALAMITOS BEACH TOWNSITE, Year: 2025, Zoning: LBR4N
Tenant Pays
AssociationFees, Electricity, Gas, JanitorialService
Utilities
NaturalGasAvailable, SewerAvailable, Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Michael Harby
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Schools In The Area

Check out nearby schools with ratings and contact info.
Robert Louis Stevenson Elementary School 562-437-0407 Public KG-5
Franklin Classical Middle School 562-435-4952 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12
Robert Louis Stevenson Elementary School 562-437-0407 Public KG-5
Robert Louis Stevenson Elementary School 562-437-0407 Public KG-5
Franklin Classical Middle School 562-435-4952 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.