1513 E Broadway, Long Beach, CA 90802
List Price: $1.4M
Listing Status: Pending
0Days on Market: 32
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1914
Lot Size: 2,508 sq ft
Private Pool: Yes
MLS Number: SB26075231
About This Property
Seller Financing Available! Steps to the Ocean! Rare opportunity to acquire a coastal 5-unit property in Long Beach’s 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.
Listing provided by: Christopher Crosby DRE #02116879 310-982-7055 chris.crosby@buckinghaminvestments.com, Buckingham Investments, Inc
Source: CRMLS, MLS #: SB26075231
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.