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.

Property details

Year built

1963

Property type

Residential Income

Lot size

3,743 sqft

Location

1020 E Broadway • Long Beach, CA 90802

More homes for sale and rent in Long Beach, CA →

Listed by

Makoto Ozaki · Person Realty Inc.

Similar Listings

Recent sales near 1020 E Broadway

925 E Appleton: Sold $385,000 · 2 bd · 1 ba · 713 sqft · Aug 2026 · 0.1 mi
Elite Premier Properties | DRE #01860831
Buyer's agent: MARCO ZARATE, EXCELLENCE RE REAL ESTATE | DRE #02233831
1130 E Appleton: Sold $835,500 · 3 bd · 2 ba · 1,772 sqft · Aug 2026 · 0.1 mi
Estate Properties | DRE #01214227
Buyer's agent: ANDY NGUYEN, RE/MAX CHAMPIONS | DRE #01359825
955 E 3rd 202: Sold $425,000 · 2 bd · 2 ba · 944 sqft · Jul 2026 · 0.2 mi
Vista Sotheby's International Realty | DRE #01084309
Buyer's agent: Mark Johnson, ERA North Orange County | DRE #00937400
1142 E 1st Street: Sold $3,410,000 · 14 bd · 14 ba · 8,965 sqft · Sep 2026 · 0.2 mi
1187 E 3rd 308: Sold $305,000 · 1 bd · 1 ba · 631 sqft · Sep 2026 · 0.2 mi
eXp Realty of Greater Los Angeles | DRE #01941438
Buyer's agent: Kuvaal Patel, eXp Realty of California Inc | DRE #02097660
1187 E 3rd 210: Sold $415,000 · 2 bd · 2 ba · 1,041 sqft · Sep 2026 · 0.2 mi
Keller Williams Coastal Prop. | DRE #00680245
Buyer's agent: Johanna De La Fuente, Circle Real Estate | DRE #02009256
1030 E Ocean 703: Sold $390,000 · 1 ba · 460 sqft · Sep 2026 · 0.2 mi
Remco - A. R. E. & Mgmt. Co. | DRE #00879343
Buyer's agent: Matthew Chi, Affluent Realty | DRE #02074874
850 E Ocean Boulevard 301: Sold $880,000 · 2 bd · 2 ba · 1,593 sqft · Jul 2026 · 0.2 mi
TM Real Estate Brokers | DRE #01127040
Buyer's agent: Tony Choi, Real Broker | DRE #01783581