$3,700,000

Estimated payment $21,931/month

Total Views 2,024
5 Beds
6 Baths
8,156 Sq Ft
$454 Price per Sq Ft

Highlights

  • 0.17 Acre Lot
  • Park
  • Bike Trail
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • 2-minute walk to Bixby Park

About This Home

We are pleased to present two exceptionally located multifamily investment opportunities in the highly desirable Alamitos Beach neighborhood of Long Beach, CA. The properties, situated side by side at 2067 and 2075 E Broadway, offer an irreplaceable location overlooking Bixby Park along one of the most sought-after corridors in the city—just blocks from the beach and surrounded by vibrant dining, shopping, and entertainment. 2067 E Broadway was built in 1954 and consists of 16 units across 8,156 square feet of rentable space. The well-balanced unit mix includes (1) 2 Bed / 2 Bath, (1) 2 Bed / 1.5 Bath, (12) 1 Bed / 1 Bath, and (2) Studios. The property has recently received new flooring, new electrical panels and fresh paint, offering immediate appeal for both tenants and investors. The properties boast a Walk Score of 92 (“Walker’s Paradise”), placing residents within steps of trendy restaurants, boutique shopping, coffee houses, and entertainment venues. Nearby attractions include the Long Beach Museum of Art, Shoreline Village, Alamitos Beach, and the Broadway Corridor’s nightlife and dining scene. Tenants also enjoy convenient access to major employment hubs, Downtown Long Beach, and freeway connectivity to greater Los Angeles and Orange County. Together, 2067 and 2075 E Broadway represent a rare portfolio acquisition in one of the most desirable and supply-constrained rental markets in Southern California. With strong in-place fundamentals, upside potential, and an unmatched location, these properties present a phenomenal opportunity for a new buyer seeking to expand their portfolio in a high-demand coastal market.

Listing Agent

Ryan Gonzalez

Lyon Stahl Investment Real Est Brokerage Email: ryan.gonzalez@lyonstahl.com License #01874815 Listed on: 04/13/2026

Co-Listing Agent

Jerry Scanlan

Pacific Coast Realty Brokerage Email: ryan.gonzalez@lyonstahl.com License #00461475

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,406 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 8,156 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 8 / 106
  • Tax Tract Number 3
  • Assessor Parcel Number 7263007040
  • $3,064 per year additional tax assessments

Community Details

Overview

  • 16 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 16 Leased Units
  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,457
  • Fuel Expense $3,457
  • Insurance Expense $3,457
  • Professional Management Expense $20,222
  • Trash Expense $3,458
  • Water Sewer Expense $3,458
  • Operating Expense $114,799
  • Gross Income $314,677
  • Net Operating Income $190,759

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

7,406 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 5.16
  • Professional Management Expense: 20222.00
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 3458.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7263007040
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 453.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3458.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Biking, Dog Park, Street Lights, Urban, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7406.00
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 3457.00
  • Fuel Expense: 3457.00
  • Gross Income: 314677.00
  • Gross Multiplier: 11.76
  • Gross Scheduled Income: 314677.00
  • Insurance Expense: 3457.00
  • Lot Size Area: 7406.0000 Square Feet
  • Net Operating Income: 190759.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 114799.00
  • Rent Control: No
  • Total Expenses: 114799.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 106
  • Tax Lot: 8
  • Tax Tract Number: 3
  • TaxOtherAnnualAssessmentAmount: 3064.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $26,148 $1,911,786 $764,712 $1,147,074
2024 $26,148 $1,874,301 $749,718 $1,124,583
2023 $25,676 $1,837,551 $735,018 $1,102,533
2022 $24,130 $1,801,521 $720,606 $1,080,915
2021 $23,591 $1,766,198 $706,477 $1,059,721
2019 $24,518 $1,719,043 $685,523 $1,033,520
2018 $22,681 $1,685,440 $672,082 $1,013,358
2016 $20,884 $1,614,967 $645,985 $968,982
2015 $20,074 $1,590,709 $636,282 $954,427
2014 $19,998 $1,559,551 $623,819 $935,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2026 04/13/26 For Sale $3,700,000 -- $454 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26079807

California Regional Multiple Listing Service (CRMLS)
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