$2,600,000
 $13,957 est/mo Sourced by Back At You

1020 E Broadway,Long Beach, CA 90802

Long Beach, CA 90802

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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.

Details

MLS #SB26155227
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1963
Days On Site42
Listing Provided ByPerson Realty Inc. | Makoto Ozaki

Features

SQ Feet3,743
Garage3
Story(s)2
Units4
Building(s)1
ZoningLBR4N
Acreage0.09
Property ViewYes

Interior

CoolingElectric, Gas
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesAll Bedrooms Down
AppliancesBuilt In Range, Electric Range, Gas Range
Fireplace Yes / NoYes

Exterior

Lot FeaturesTwo To Five Units Acre

Parking

Garage Yes / NoYes

Utilities

UtilitiesNatural Gas Available, Sewer Available
SewerPublic Sewer

Location

Community FeaturesUrban

Taxes

Property32388

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90802
Area7 North Long Beach
Community NameNorth Long Beach (NLB)
Listing VS Median (in North Long Beach (NLB))
Price:
$2,600,000
low | high
Med:
$719,900
100% of Average
sqft:
3,743
low | high
Med:
960
100% of Average
$ / sqft:
$695
low | high
Med:
$750
42.043842147436% of Average
On site:
42
low | high
Med:
48
87.5% of Average
Sourced by Back At You

Market Activity 90802

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Learn More About This Property

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90802
Area7 North Long Beach
Community NameNorth Long Beach (NLB)
Listing VS Median (in North Long Beach (NLB))
Price:
$2,600,000
low | high
Med:
$719,900
100% of Average
sqft:
3,743
low | high
Med:
960
100% of Average
$ / sqft:
$695
low | high
Med:
$750
42.043842147436% of Average
On site:
42
low | high
Med:
48
87.5% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.95M - $3.25M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1042 1048 E Broadway Property Photo 1
$1,635,000
1042 1048 E Broadway
Long Beach, CA 90802
Listing Updated: August 21, 2026 at 9:31:33 PM PDT
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