1629 E Broadway

Long Beach, CA 90802 View Map $1,600,000 Schedule a Tour
Sq.Ft. Lot3,756
Year1920

The Oriana Shea Group

(562) 270-1775

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Status: Pending
Property Type:Quadruplex
MLS #:PW24029921
On Site:55 Days
Lot Size:3,756 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Linda Ethier
Office:Linda Ethier, Broker
Broker Phone:562-833-3626
Stellar quadruplex in the heart of Alamitos Beach. Photos speak for themselves! Recently painted in the last year, along with newer windows throughout and drought tolerant landscaping. There are 2 single car garages detached off the back and allow for 1-2 parking spaces just outside of them. Each unit occupies an entire quadrant of the building, so these units are a great size. Potential to do some work above the garages to renovate the space and make it usable, like our northern neighbor did.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:1629 E Broadway, Long Beach, CA 90802
Area:4 - Downtown Area/ Alamitos Beach
County:Los Angeles
Subdivision:Alamitos Beach (Ab)
Zip Code:90802

Architecture

Year Built:1920
Stories:2
Building Area: 3496.0
Number of Buildings: 2
Total Units: 4
Stories Total: 2
Unit 1: 1 Unit • 1 Bed • Unfurnished • $1,700 actual rent • $1,700 total rent • $1,800 pro forma
Unit 2: 1 Unit • 1 Bed • Unfurnished • $1,350 actual rent • $1,350 total rent • $1,800 pro forma
Unit 3: 1 Unit • 1 Bed • Unfurnished • $1,950 actual rent • $1,950 total rent • $1,950 pro forma
Unit 4: 1 Unit • 1 Bed • Unfurnished • $1,950 actual rent • $1,950 total rent • $1,950 pro forma
Roof: Mixed
Garage Spaces: 2.0

Features / Amenities

Appliances: Gas Oven, Gas Range, Gas Water Heater
Flooring: Carpet, Laminate, Vinyl
Entry Level: 1
Entry Location: Broadway
Common Walls: 2+ Common Walls
Parking Features: Door-Single, Driveway Up Slope From Street, Garage, Shared Driveway, Side By Side
Open Parking Spaces: 2.0
Parking Total: 4.0
Heating: Wall Furnace

Property Features

Lot Size: 0.09 Acres / 3,756 Sq. Ft.
Lot Features: Item25UnitsAcre, DripIrrigationBubblers, Landscaped
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Zoning:LBR2N
Directions:Broadway west, northwest corner of Broadway and Gaviota

Tax and Financial Info

Contingency: Write offer subject to inspection. All information deemed reliable, but not guaranteed. Buyer and buyer's agent to do their due diligence to verify all information.
Gross Income: $82,200
Gross Scheduled Income: $6,950
Net Operating Income: $67,428.09
Fuel Expense: $300
Insurance Expense: $1,600
New Taxes Expense: $10,748

Schools

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1629 E Broadway Long Beach,  CA 90802
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1629 E Broadway Long Beach, CA 90802
 
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Based on information from California Regional Multiple Listing Service, Inc. as of April 14, 2024. 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. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.