625 E Broadway, Long Beach, CA 90802
Commercial property
Sold December 2025
Listing Agent: Ty Youngblood (DRE #01381038) · Listing Office: Keller Williams Realty · Contact: 951-271-3000 · Bought with: Malcolm Zeger · Buckingham Investments, Inc · MLS #IG25133090 · Source: CRMLS
How this sale compares
625 E Broadway sold for $2,270,000 in December 2025, 1.3% under its $2,300,000 list price, after 108 days on the market. It was first listed at $2,495,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Located in Long Beach’s most walkable and artistic neighborhood, 625 E Broadway is a 12-unit apartment building consisting entirely of spacious 1-bedroom, 1-bath units. The property is individually metered for electricity, features updated Cutler-Hammer breaker systems with a main service disconnect, and spans 6,888 square feet with units ranging from 469 to 680 sq ft. Just blocks from the beach, Metro light rail, and major downtown employers, the location continues to drive strong demand and historically low turnover. Efficient layouts and steady rental fundamentals support both short- and long-term investment strategies. Ownership currently pays for water, gas, sewer, and trash. This asset is ideally positioned for 1031 exchange buyers, yield-focused investors, or long-term holders seeking dependable cash flow in a high-demand market.
Listing description from the December 2025 sale, as reported to CRMLS.
Sale history