1020 E Broadway Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated payment $16,989/month
Highlights
- All Bedrooms Downstairs
- 0.09 Acre Lot
- Wood Flooring
- Long Beach Polytechnic High School Rated A
- Fireplace in Primary Bedroom
- Neighborhood Views
About This Home
Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10,197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.
Listing Agent
Person Realty Inc. Brokerage Phone: 949-662-8805 License #02194514 Listed on: 07/16/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,388
Year Built
- Built in 1963
Lot Details
- 3,743 Sq Ft Lot
- Lot Dimensions are 50 x 75
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,743 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Library with Fireplace
- Wood Flooring
- Neighborhood Views
- Leased Washer and Dryer
Kitchen
- Built-In Range
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- All Bedrooms Down
- 3 Bathrooms
- Fireplace in Bathroom
Location
- Urban Location
Utilities
- Cooling System Powered By Gas
- Heating Available
Listing and Financial Details
- Legal Lot and Block 4 / 96
- Tax Tract Number 576
- Assessor Parcel Number 7265002024
- $960 per year additional tax assessments
Community Details
Overview
- 4 Units
- North Long Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,273
- Insurance Expense $3,436
- Maintenance Expense $9,575
- Other Expense $6,440
- Professional Management Expense $10,167
- Supplies Expense $185
- Water Sewer Expense $2,316
- New Taxes Expense $31,695
- Operating Expense $68,257
- Gross Income $113,762
- Net Operating Income $45,504
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $32,388 | $2,476,152 | $1,768,680 | $707,472 |
| 2024 | $31,002 | $2,427,600 | $1,734,000 | $693,600 |
| 2023 | $30,487 | $2,380,000 | $1,700,000 | $680,000 |
| 2022 | $14,189 | $1,122,000 | $816,000 | $306,000 |
| 2021 | $13,897 | $1,100,000 | $800,000 | $300,000 |
| 2019 | $4,714 | $325,076 | $233,110 | $91,966 |
| 2018 | $4,541 | $318,709 | $228,540 | $90,169 |
| 2016 | $4,162 | $306,058 | $219,666 | $86,392 |
| 2015 | $4,007 | $301,462 | $216,367 | $85,095 |
| 2014 | $3,999 | $295,558 | $212,129 | $83,429 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2026 07/16/26 | For Sale | $2,600,000 | 0.0% | $695 / Sq Ft | |
| 02/14/2025 02/14/25 | Rented | $3,100 | 0.0% | -- | |
| 02/14/2025 02/14/25 | Under Contract | -- | -- | -- | |
| 12/31/2024 12/31/24 | For Rent | $3,100 | +2.1% | -- | |
| 12/13/2024 12/13/24 | Rented | $3,035 | +1.2% | -- | |
| 12/06/2024 12/06/24 | Price Changed | $3,000 | +20.2% | $3 / Sq Ft | |
| 12/01/2024 12/01/24 | For Rent | $2,495 | 0.0% | -- | |
| 06/17/2022 06/17/22 | Sold | $2,075,000 | -1.2% | $524 / Sq Ft | View Prior Sale |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- | |
| 05/10/2022 05/10/22 | For Sale | $2,100,000 | -- | $530 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,380,000 | Chicago Title | |
| Grant Deed | $2,075,000 | Chicago Title | |
| Grant Deed | $1,100,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $13,340,000 | Commercial | |
| Previous Owner | $277,848 | New Conventional | |
| Previous Owner | $305,200 | Unknown | |
| Previous Owner | $305,200 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26155227
APN: 7265-002-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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