Listed by Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.,

4603 E Broadway

Long Beach, CA, 90803

$3,300,000

$767 per ft²
$3,300,000
$767 per ft²
Active
Active
 - For Sale
carpenters-square
4,300 ft²
property_type
Multi-family
calendar
Built 1922
Stunning, remodeled 5-unit apartment building, with ocean views, located just minutes from the beach in Belmont Heights, one of Long Beach's most desirable neighborhoods. This turn-key gem has top-of-the-market rents and zero deferred maintenance, making it an ideal opportunity for any investor or exchange buyer looking for great cash-flow and extremely low maintenance. With 4,300 SqFt of rentable space, 4603 E Broadway is comprised of (4) oversized 1Bed/1Bath & (1) loft units, averaging 900 sqft each. All units have been tastefully remodeled, featuring hardwood floors, new cabinets, brand new stainless steel appliances and W/D in unit. 4603 E Broadway also features 3 garage parking spots, a rare commodity in the city of Long Beach. Beneficial to the new owner, each unit is separately metered for gas and electricity. Located in beautiful Belmont Heights, one of Long Beach's Top Rental Markets, 4603 E Broadway is just steps away from 2nd St, an area featuring many hip restaurants, bars and shopping. The upside in the Long Beach market is limitless, with $6 Billion in new capital pouring into projects such as the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.
MLS® ID:
SB22145999
Listed:
7/4/22
Updated:
10/5/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Inside

Exterior/Building Features

Lot Size
7,170 ft² lot
Lot Details
0-1 Unit/Acre
Sewer
Public Sewer

Other Property Details

Area Name
2 - Belmont Heights, Alamitos Heights
HOA Amenities
Biking, Curbs, Golf, Gutter(s), Hiking, Sidewalks
Garage
Yes
Garage Spaces
3
Parking
Y
Parking Total
3.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
LBR1N

 

Listed by Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.,

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 8:51 AM UTC, 10/5/22

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