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1169 E Broadway Long Beach, CA 90802
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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24225632
Sold Date 02/20/25
Bedrooms 4
HOA Y/N No
Lot Size 3,317 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Fist time on the market in 41 years. HUGE opportunity to own a 4-plex in perfect location of Long Beach. All 4 units are LARGE 1 bedroom, 1 bath units enough room to create another bedroom in all 4 units. Two of the four units have been remodeled in the last 5 years. Very unique as building comes with 1 car detached garage which can be used for tenant or owner storage. Close to beach and downtown. 6%+ potential CAP rate
Fist time on the market in 41 years. HUGE opportunity to own a 4-plex in perfect location of Long Beach. All 4 units are LARGE 1 bedroom, 1 bath units enough room to create another bedroom in all 4 units. Two of the four units have been remodeled in the last 5 years. Very unique as building comes with 1 car detached garage which can be used for tenant or owner storage. Close to beach and downtown. 6%+ potential CAP rate
Location
State CA
County Los Angeles
Area Long Beach (90802)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Others
Monthly Total Fees $68
Space Rent $1,100
Financing Cash
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Bought with Jeff Warren • Compass