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1026 E Broadway

Long Beach, CA 90802
  • $3,900,000
  • STATUS: ACTIVE
  • ON SITE: 10 Days
  • ID#: PW22096898
UPDATED: 18 min ago
$3,900,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

1026 E. Broadway is a 9-unit investment asset in prime Alamitos Beach. The property consists of two buildings at 1026-1032 E. Broadway and 1034-1040 E. Broadway with eight 1 BD/ 1 BA units and one larger 1 BD / 1 BA unit. Eight 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. 1026 E. Broadway is a 9-unit investment asset in prime Alamitos Beach. The property consists of two buildings at 1026-1032 E. Broadway and 1034-1040 E. Broadway with eight 1 BD/ 1 BA units and one larger 1 BD / 1 BA unit. Eight 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.forsalesandiego.com/homes/128548386
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1026 E Broadway Long Beach, CA 90802

  • Price: $3,900,000
  • Status: ACTIVE
  • On Site: 10 Days
  • Updated: 18 min ago
  • ID#: PW22096898
2
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Alamitos Beach
County:
Los Angeles
Area:
Long Beach (90802)
Property Description
1026 E. Broadway is a 9-unit investment asset in prime Alamitos Beach. The property consists of two buildings at 1026-1032 E. Broadway and 1034-1040 E. Broadway with eight 1 BD/ 1 BA units and one larger 1 BD / 1 BA unit. Eight 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. 1026 E. Broadway is a 9-unit investment asset in prime Alamitos Beach. The property consists of two buildings at 1026-1032 E. Broadway and 1034-1040 E. Broadway with eight 1 BD/ 1 BA units and one larger 1 BD / 1 BA unit. Eight 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.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1

Property Features

Annual Expense Actual 77230 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 232020 Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1963.0 Unit2 Rent Actual 2450.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Keller Williams - Santa Monica. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106