1513 E Broadway, Long Beach, CA 90802

About this property

Seller Financing Available! Steps to the Ocean! Rare opportunity to acquire a coastal 5-unit property in Long Beach’s highly desirable Alamitos Beach neighborhood. With seller financing available, investors may be able to acquire the property with approximately $400,000 down, offering attractive leverage in a strong rental market. 1513 E Broadway features a desirable unit mix of (1) 2-bedroom, 2-bath and (4) 1-bedroom, 1-bath units, with walkable coastal living just steps from the ocean. Tenants enjoy proximity to Bixby Park, Retro Row, Belmont Shore, and the vibrant Broadway corridor with popular dining, coffee shops, and boutiques. Convenient access to Downtown Long Beach and major employment centers further enhances long-term investment appeal. Offered at 11.7 GRM and 5.1% Cap Rate, this is an attractive coastal investment opportunity.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$1,375,000

Sold June 2026 · listed $1,395,000, on market April 2026 · MLS #SB26075231 · Source: CRMLS

Listing Agent: Christopher Crosby · Listing Office: Buckingham Investments, Inc · Contact: 650-549-4849 · Bought with: NONE NONE · None MRML

$1,200,000

Sold April 2021 · listed $1,225,000 · MLS #PW20220991 · Source: CRMLS

Listing Agent: Michael Barber · Listing Office: Coldwell Banker Coastal Alliance

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