1513 E Broadway, Long Beach, CA 90802
1513 E Broadway, Long Beach, CA 90802
1513 E Broadway, Long Beach, CA 90802
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$1,395,000
Est. payment /mo
5 Beds
5 Baths
2,508 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID SB26075231

Bedrooms 5

Lot Size 2,508 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Seller Financing Available! Steps to the Ocean! Rare opportunity to acquire a coastal 5-unit property in Long Beachs 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction E Broadway & Falcon Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7275012040

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, Seller May Carry

Listing Terms Cal Vet, Cash, Conventional, Exchange, Seller May Carry

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MLS Router / San Diego MLS
Listed by Christopher Crosby, DRE#02116879 Buckingham Investments, Inc 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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