4603 E Broadway

LONG BEACH, CA, 90803

$3,300,000

$767 per ft²
$3,300,000
$767 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
5 Baths
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:
SB22145999MR
Listed:
7/11/22
Updated:
10/5/22

Interior Features

Total Bedrooms
5
Total Bathrooms
5
Laundry Description
Inside

Exterior/Building Features

Lot Size
7,170 ft² lot
Sewer
Public Sewer

Other Property Details

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

 

Courtesy of Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ron Costa shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/5/22

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