1020 E Broadway Long Beach, CA $ 2,600,000
1020 E Broadway
$ 2,600,000
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1020 E Broadway

Long Beach, CA, 90802
$ 2,600,000
Baths1.0 Sq 3,743

Monthly Estimate*

$ 16,417

Listed by Person Realty Inc.
1020 E Broadway, Long Beach, CA 90802 - Image 1
1020 E Broadway, Long Beach, CA 90802 - Image 2
1020 E Broadway, Long Beach, CA 90802 - Image 3
1020 E Broadway, Long Beach, CA 90802 - Image 4
1020 E Broadway, Long Beach, CA 90802 - Image 5
1020 E Broadway, Long Beach, CA 90802 - Image 6
1020 E Broadway, Long Beach, CA 90802 - Image 7
1020 E Broadway, Long Beach, CA 90802 - Image 8
1020 E Broadway, Long Beach, CA 90802 - Image 9
Studio

Multi-Family Home for sale in Long Beach, CA

for $2,600,000 with 1 full bath. This 3,743 square foot home was built in 1963 on a lot size of 0.0859.

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.

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Multi-Family Active

Price

$ 2,600,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 32,388

Style

Lot Size

0.0859

Year Built

1963

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26155227

Days on Market

18

Features
General
Sewer Public Sewer
Heating Electric
Cooling Electric Gas
Utilities Natural Gas Available Sewer Available
Appliances Built-In Range Electric Range Gas Range
Zoning LBR4N
Garage Spaces 3
Pool Features None
Year Built 1963
Tenant Pays Association Fees Electricity Gas Janitorial Service
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Apartment
Tax Year 2025
Gross Income 113762
Community Features Urban
County Los Angeles
Net Operating Income 45504.3
Operating Expense 68257
Insurance Expense 3436
New Construction false
Property Type Residential Income
Contingency PRIVATE REMARKS: It is advised that BUYER(s) verify the accuracy of all information by means of their own inspections; utilizing the expertise of qualified professionals. Neither seller nor broker/agents(s) guarantee the accuracy of lot size building square footage permits zoning school districts or any other information including the condition of features of the subject property.
MaintenanceExpense 9575
Subdivision Name North Long Beach (NLB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Alamitos Avenue head east on E Broadway. The property is located between Orange Avenue and Bonito Avenue.
City Long Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 7 - North Long Beach
Lot Size Units Square Feet
Lot Size Square Feet 3743
Number of Units Leased 4
Listing Terms Cash 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 32388
Electric Expense 1273
Trash Expense 0
Water Sewer Expense 2316
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 4
Total Actual Rent 10197
Property Sub Type Additional Apartment
Taxes 31695
Cap Rate 2.97
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Interior
Interior Amenities All Bedrooms Down
Flooring Wood
Fireplace Features Bath Dining Room Family Room Kitchen Library Living Room Primary Bedroom
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 3
Lot Size Area 3743
Number of Buildings 1
Spa false
Building Area Total 3743
Lot Dimensions 50 x 75
Lot Size Acres 0.0859
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Person Realty Inc.

Broker

slc84124@icloud.com

Email

Affordability Calculator

$19,116
Per Month
86%
14%
0%
Monthly Principal & Interest
$16,417
Monthly Property Taxes
$2,699
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$2,600,000 Listed Price

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1020 E Broadway, Long Beach, CA, 90802 is a Multi-Family Home for sale at $2,600,000 with 3,743 sqft and a lot size of 0.0859. 1020 E Broadway is a studio with 1.0 baths and was built in 1963. The property's zip code is 90802 which is in Long Beach, CA