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1043 E Broadway
Long Beach, CA 90802
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 6,552 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1923/2016
Parking Ratio 0.15/1,000 SF
Zoning LBR4R

About 1043 E BROADWAY , LONG BEACH, CA 90802

Kara Commercial, as the exclusive listing agent, is pleased to present the opportunity to acquire 1043 E. Broadway ave, an 6-unit multifamily investment property in Long Beach, one of the premier housing markets in Southern California. Specifically, 1043 E. Broadway ave is located in Alamitos Beach and East Village neighborhood and very close to the beaches. The 6552 square foot unique property consists of 6 very large, almost 1100 sf Each, spacious one-bedroom Craftsman Style floor plans with big windows, original wooden built-in closets and drawers, high ceilings. Property has Recently updated copper plumbing, updated electrical, windows, newer roof, updated kitchen countertops, new bathrooms and much more. It also has a one small garage that can be used for a small car or storage. 1043 E. Broadway has been in the family for a long time and has been very well taken care of. Its great size, condition, style and layout makes a rare find to own in one of very desirable parts of Long Beach. Have to see to appreciate. Historically known for its status as the preeminent harbor city on the West Coast, Long Beach continues to gain notoriety as an exciting and vibrant waterfront destination. Long Beach’s world-class port, University, unique business market, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given the strength of the overall apartment market within the city of Long Beach, 1043 E. Broadway Ave offers an investor the ability to capture quality tenants seeking a great beach neighborhood with convenient access to a wide variety of activities, transportation and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth for 1043 E. Broadway Ave.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,700 1,092

Property Taxes

Property Taxes

Parcel Number
7275-003-011
Land Assessment
$656,186
Improvements Assessment
$1,421,738
Total Assessment
$2,077,924
  • Listing ID: 18997795

  • Date on Market: 3/26/2020

  • Last Updated:

  • Address: 1043 E Broadway, Long Beach, CA 90802

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