Listed by Robert Stepp, Keller Williams - Santa Monica,

1026 1040 E Broadway

Long Beach, CA, 90802

$4,250,000

$580 per ft²
$4,250,000
$580 per ft²
Active
Active
 - For Sale
carpenters-square
7,319 ft²
property_type
Multi-family
calendar
Built 1921
Broadway @ Alamitos Beach is comprised of two adjacent apartment buildings with a total of nine units along with a 3,850-square-foot parking lot with 12 spaces in prime Alamitos Beach. The unit mix consists of eight 1 BD/ 1 BA units and one larger 1 BD / 1 BA unit. Eight units of the nine units have been renovated with modern fixtures and finishes, including new countertops, laminate wood flooring, stainless steel appliances, bathtubs and vanities, ceiling fans, lighting, and window coverings. Exterior and common area renovations include a remodeled laundry room with new machines and new flooring in hallways and staircases. New landscaping includes installation of concrete hardscape and modern fencing, drought tolerant plants with drip irrigation and lighting. On-site laundry facilities, garage storage and workshop storage provide current additional building income. There is potential to turn the 300 square foot workshop storage into an ADU for approximately $1,895 in additional monthly income.
MLS® ID:
PW22096898
Listed:
5/8/22
Updated:
10/5/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
0.26 acres lot
Lot Details
6-10 Units/Acre
Sewer
Public Sewer

Other Property Details

Area Name
4 - Downtown Area, Alamitos Beach
HOA Amenities
Sidewalks
Garage
No
Parking
Off Site, Uncovered
Parking Total
12.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
LBR4R

Property History

Date
Event
Price
Value
8/11/22
Price Change
$4,250,000
108%

 

Listed by Robert Stepp, Keller Williams - Santa Monica,

Based on information from California Regional Multiple Listing Service, Inc. as of 10/5/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:31 AM UTC, 10/5/22

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