Seller's Agent in 2025
Makoto Ozaki
Person Realty Inc.
(310) 787-1045
3 Total Sales
SOLD JUN 17, 2022
RENTED FEB 14, 2025
1020 E Broadway Long Beach, CA 90802
Alamitos Beach Neighborhood
5
Beds
3
Baths
3,961
Sq Ft
3,743
Sq Ft Lot
Highlights
- 0.09 Acre Lot
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
As of June 20221020 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
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 05/10/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $31,002
Year Built
- Built in 1963
Lot Details
- 3,743 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Apartment
Interior Spaces
- 3,961 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Legal Lot and Block 4 / 96
- Tax Tract Number 5766
- Assessor Parcel Number 7265002024
Community Details
Overview
- 4 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Fuel Expense $400
- Gardener Expense $1,740
- Insurance Expense $2,300
- Maintenance Expense $2,000
- Other Expense $1,000
- Pest Control $500
- Professional Management Expense $5,194
- Trash Expense $400
- Water Sewer Expense $400
- New Taxes Expense $25,805
- Operating Expense $40,639
- Gross Income $115,416
- Net Operating Income $74,777
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2022
Closed on
Aug 9, 2022
Sold by
Open House Investments Llc
Bought by
Cogit Co Ltd
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Kimiyasu Murayoshi
Andrew C. Lee
List Price
$2,100,000
Sold Price
$2,075,000
Premium/Discount to List
-$25,000
-1.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,044
Avg. Annual Appreciation
-0.27%
Purchase Details
Closed on
Aug 17, 2020
Sold by
Moyer Roy David and The Moyer Trust
Bought by
Vmg Holdings V Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,340,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 25, 2007
Sold by
Moyer Roy David
Bought by
Moyer Roy David and Moyer Trust
Purchase Details
Closed on
Jul 14, 2003
Sold by
Marong Abdoulie N S
Bought by
Sillameh Dar
Purchase Details
Closed on
Jun 20, 2003
Sold by
Marong Abdoulie N S and Mukai Elizabeth S
Bought by
Marong Abdoulie N S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,380,000 | Chicago Title | |
| Grant Deed | $1,100,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| 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: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- |
| 05/10/2022 05/10/22 | For Sale | $2,100,000 | -- | $530 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 | $31,002 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Makoto Ozaki
-
Sayaka Kuroda
S
Seller Co-Listing Agent in 2025
Sayaka Kuroda
Person Realty Inc.
(310) 328-2800
4 Total Sales
-
Aaron Cavazos
Buyer's Agent in 2025
Aaron Cavazos
CAVAZOS REAL ESTATE SERVICES
(626) 232-1540
21 Total Sales
-
Robert Stepp
Seller's Agent in 2022
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
4 in this area
72 Total Sales
-
Todd Hawke
Seller Co-Listing Agent in 2022
Todd Hawke
Keller Williams Realty Downey
(310) 774-3746
3 in this area
12 Total Sales
-
Kimiyasu Murayoshi
Buyer's Agent in 2022
Kimiyasu Murayoshi
Andrew C. Lee
(213) 442-0211
1 in this area
91 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22096939
APN: 7265-002-024
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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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