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34455667
34455668

1020 E Broadway, Long Beach, CA 90802 For Sale

MO
CA 02194514
Person Realty Inc.
Person Realty Inc.
Listed by Person Realty Inc.
$2,600,000
17 days on market
Updated 2 days ago

1020 E Broadway

Details
APN 7265002024
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 2.97%
Buildings 1
Acreage 0.086
Zoning Public Rec

Multifamily | 2.97% CAP | 4 Units

Marketing 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 buyers agent to independently verify all property information, rents, expenses, permits, and square footage.
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Listing Contacts

MO
CA 02194514
Person Realty Inc.
Person Realty Inc.
Listed by Person Realty Inc.

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Additional Information

Name
Makoto Ozaki
License
02194514
Brokerage Phone
310787-1045
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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