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ResidentialIncome — 1020 E Broadway, Long Beach, CA

$2,600,000

1020 E Broadway, Long Beach, CA

$2,600,000 — 1020 E Broadway, Long Beach, CA — photo 1 $2,600,000 — 1020 E Broadway, Long Beach, CA — photo 2 $2,600,000 — 1020 E Broadway, Long Beach, CA — photo 3 $2,600,000 — 1020 E Broadway, Long Beach, CA — photo 4 $2,600,000 — 1020 E Broadway, Long Beach, CA — photo 5
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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.

Property details

Year built
1963
Property type
ResidentialIncome

Location

1020 E Broadway • Long Beach, CA 90802

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Listed by

Makoto Ozaki · Person Realty Inc.

Listing courtesy of Person Realty Inc.. Information deemed reliable but not guaranteed.

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