Nav
Nav
Nav
Nav
Nav
Nav
Nav
Nav
Nav
Nav

1020 E. Broadway

1020 E. Broadway ,Long Beach, CA 90802

1963

Year Build

$2,100,000

Price

Property Details

Current Cap Rate

3.47%

Market Cap

4.94%

Current GRM

17.87

Market GRM

13.97

25907 Oak Street

25907 Oak Street | Lomita, CA 90717

$10,750,000

Price per Unit

Property Details

Tyler Leeson

$10,750,000

Building Size

23,312 SF

Number Of Units

23

Cap Rate

3.69%

Total Lot Size

23,312 SF

Year Built

23

Number Of Units

23

Year Built

23

Description

1020 E. Broadway is a 4-unit investment asset in prime Alamitos Beach. The property is comprised of one 3 BD/2 BA unit and three 2 BD/1 BA units.

Three units have been meticulously renovated with modern fixtures and finishes, including new countertops, cabinets, laminate wood flooring, stainless steel appliances, bathtubs and vanities, ceiling fans, lighting and window coverings.

New exterior renovations include concrete hardscape, modern fencing, paint and hardware, as well as drought-tolerant landscaping, drip irrigation and lighting.

Three garages and onsite laundry provide additional income.

Highlights

  • 3 Units Meticulously Remodeled with Modern Fixtures & Finishes
  • Complete Exterior & Landscape Renovations
  • 3 Garages & Onsite Laundry Providing Income
  • Individually Metered with In-Place RUBS Program
  • Prime Alamitos Beach Location / 94 Walk Score

Map