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Listed by Makoto Ozaki, DRE #02194514 • Person Realty Inc.
$2,600,000
Est. payment /mo
3,743 Sqft Lot
Active
1020 E Broadway Long Beach, CA 90802
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26155227
Year Built 1963
Lot Size 3,743 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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
Rooms
Kitchen Oven Range - Gas, Oven Range - Built-In
Interior
Heating Electric
Cooling Central Forced Air - Electric, Central Forced Air - Gas
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Garage Spaces 3.0
Pool 31, None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 7265002024
Special Listing Condition Not Applicable
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