Long Beach, CA 90802 1913 E Broadway
$1,750,000
11 more
Presented By: Trey Ballard with eXp Realty of Greater Los Angeles - (818) 850-8802
- MLS# P121467
- 03/28/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 1
Baths • 1
Home Details
Located just blocks from the ocean, 1913 Broadway offers 12 units with incredible upside potential. This charming, well-located property is within walking distance to shops, restaurants, and all that Downtown Long Beach has to offer. With a strong rental market and increasing demand for well-located housing, there's significant potential to increase cash flow through renovations and strategic improvements. Whether you're a seasoned investor or looking to grow your portfolio, this is a rare chance to own a multifamily asset in one of Long Beach's most vibrant and walkable neighborhoods.
Presented By: Trey Ballard with eXp Realty of Greater Los Angeles - (818) 850-8802
Interior Features for 1913 E Broadway
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
General for 1913 E Broadway
AppliancesGas Cooktop, Gas Range
Cap Rate4.6
CityLong Beach
Community FeaturesPark, Urban, Gated
CountyLos Angeles
DirectionsAcross from Rite Aid on Brodway.
Electric Expense900
Fuel Expense900
Garage Spaces
Garage Y/NNo
Gross Income179818.8
HOA Fee$
Insurance Expense10000
Land Lease Y/NNo
LevelsOne
Lot Size Square Feet8256
Lot Size UnitsSquare Feet
Net Operating Income104437.37
Operating Expense69986.87
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesGated Community
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive Under Contract
StatusActive Under Contract
Stories1
Subdivision NameNot Applicable
Tax Lot7
Trash Expense0
ViewNone
Water Sewer Expense14400
Year Built1922
Year Built SourcePublic Records
Exterior for 1913 E Broadway
FencingWrought Iron
Lot FeaturesSprinklers None
Lot Size Acres0.1895
Lot Size Area8256
Number of Buildings2
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters0
Parking FeaturesNone
SpaNo
Total Parking0
Additional Details
Price History
Hal Schlegel
Broker Associate
Brent Ballard
CA DRE# 01297151