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Listed by: Makoto Ozaki (949) 662-8805 DRE #02194514, Sayaka Kuroda DRE #02048087 | Person Realty Inc. (310) 787-1045
$2,600,000
5 Beds
- 3 Baths
--sqft
1020 E Broadway, Long Beach, CA 90802
$2,600,000
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Apartment
Built in 1963
$-- HOA
3,743 sqft lot
--/sqft
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 ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
- sqft
Lot Size
3,743 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26155227
MLS Status
Active
Days on Market
5
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