$1,550,000
SOLD SEP 25, 2025
1 Bed
1 Bath
-- Sq Ft
8,256 Sq Ft Lot

Recently Sold

22% Below List Price

32 Days on Market

Highlights

  • Gated Community
  • 0.19 Acre Lot
  • Park
  • Long Beach Polytechnic High School Rated A
  • Cooling Available
  • 3-minute walk to Bixby Park

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Trey Ballard

eXp Realty of Greater Los Angeles Brokerage Email: trey@andersonballard.com License #02215641 Listed on: 03/28/2025

eXp Realty of Greater Los Angeles

Co-Listed By

Brent Ballard

eXp Realty of Greater Los Angeles Brokerage Email: trey@andersonballard.com License #01297151

Last Buyer's Agent

Ryan Pratt

Skyline Commercial Real Estate License #02179841

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 8,256 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • No Sprinklers

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Gas Cooktop
  • Urban Location

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 7275019029

Community Details

Recreation

  • Park

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Electric Expense $900
  • Fuel Expense $900
  • Insurance Expense $10,000
  • Water Sewer Expense $14,400
  • Operating Expense $59,987
  • Gross Income $179,819
  • Net Operating Income $104,437

Additional Features

  • 2 Buildings
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.60
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 14400.00
  • Property Type: Residential Income
  • Parcel Number: 7275019029
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop, Gas Range
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 8256.00
  • Lot Size Acres: 0.1895

Multi Family

  • Electric Expense: 900.00
  • Fuel Expense: 900.00
  • Gross Income: 179818.80
  • Gross Scheduled Income: 179818.80
  • Insurance Expense: 10000.00
  • Lot Size Area: 8256.0000 Square Feet
  • Net Operating Income: 104437.37
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Operating Expense: 69986.87
  • Rent Control: No
  • Total Expenses: 59986.87

Tax Info

  • Tax Lot: 7
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Sold $1,550,000 -11.4% --
06/02/2025 06/02/25 Price Changed $1,750,000 -12.3% --
05/26/2025 05/26/25 For Sale $1,995,000 +28.7% --
04/28/2025 04/28/25 Pending -- -- --
04/23/2025 04/23/25 Off Market $1,550,000 -- --
04/10/2025 04/10/25 Price Changed $1,995,000 -11.3% --
03/27/2025 03/27/25 For Sale $2,250,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $3,829 $149,488 $72,780 $76,708
2024 $3,829 $146,557 $71,353 $75,204
2023 $3,734 $143,684 $69,954 $73,730
2022 $3,551 $140,868 $68,583 $72,285
2021 $3,424 $138,107 $67,239 $70,868
2019 $3,375 $135,453 $65,246 $70,207
2018 $3,196 $132,826 $63,967 $68,859
2016 $2,963 $126,286 $61,484 $64,802
2015 $2,880 $124,390 $60,561 $63,829
2014 $2,935 $121,954 $59,375 $62,579
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-21467

Pasadena-Foothills Association of REALTORS®