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1026 1040 E Broadway, Long Beach, CA 90802

Property

1026 1040 E Broadway, Long Beach, CA 90802 Sold May 2024 CRMLS
$3,125,000Sold May 2024

Listing Agent: Robert Stepp (DRE #01456379) · Listing Office: Keller Williams - Santa Monica · Contact: 310-463-2916 · Bought with: Alondra Ruiz · Coldwell Banker West · MLS #PW23182166 · Source: CRMLS

11,213 sqft
Lot Size
1921
Year Built
Property
Type
0
Garage

About this property

Broadway @ Alamitos Beach is comprised of two adjacent apartment buildings with a total of nine units in prime Alamitos Beach. The unit mix consists of eight 1 BD/ 1 BA units and one larger 1 BD / 1 BA unit. Eight units of the nine units have been renovated with modern fixtures and finishes, including new countertops, laminate wood flooring, stainless steel appliances, bathtubs and vanities, ceiling fans, lighting, and window coverings. Exterior and common area renovations include a remodeled laundry room with new machines and new flooring in hallways and staircases. New landscaping includes installation of concrete hardscape and modern fencing, drought tolerant plants with drip irrigation and lighting. On-site laundry facilities, garage storage and workshop storage provide current additional building income. There is potential to turn the 300 square foot workshop storage into an ADU for approximately $1,895 in additional monthly income.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$3,125,000
Sold May 2024 · listed $3,050,000, orig. $3,625,000, on market October 2023 · MLS #PW23182166 · Source: CRMLS
Listing Agent: Robert Stepp · Listing Office: Keller Williams - Santa Monica · Contact: 310-463-2916 · Bought with: Alondra Ruiz · Coldwell Banker West
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