4124 E Broadway
Long Beach, CA 90803
6
Bed
4
Bath
7,130Sqft(Lot)
4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix that supports durable tenant demand across multiple renter profiles.The property generates approximately $ 9,775 in monthly gross income ( $117,300 annually), equating to a 5.4% current cap rate. With demonstrated rental upside and below-market in-place rents, investors can expect an even greater cap rate with strategic interior upgrades, unit turns, and alignment to prevailing market rents. The partially renovated
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
CeilingFans, Unfurnished, BedroomOnMainLevel, GalleyKitchenAppliances: Dishwasher, GasRange, Microwave, Refrigerator, Dryer, WasherLaundry Features: CommonArea, LaundryRoom, Outside -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1956Building Area Total: 2638Construction Materials: Concrete, StuccoStories: 2Pool Features: NonePrivate Pool: NoView: CityLights, Neighborhood
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Lot Information
Main Square Feet: 7130 Lot Size Acres: 0.1637 Lot Size Source: Assessor Lot Size Square Feet: 7,130 Lot Description: TwoToFiveUnitsAcre,BackYard,CornerLot,FrontYard,Lawn,YardProperty Information
Subdivision: Belmont Heights (BH) Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: Two Property Age: 70
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Listing Price Information
Listing Price: $1999000Cash, CashToNewLoan, Conventional, Submit
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Tax Information
Parcel Number: 7256012010 Tax Lot: 8 Tax Block: A
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Virtual Tour
Parking Information
Parking Total: 4 Concrete, DoorMulti, DrivewayLevel, Driveway, Garage, Paved, OnStreetGarage Information
Has Garage: Yes Garage Space: 2
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Utility Information
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected -
Location Information
Direction: South West corner of Braodway and Roswell WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5829 E 2nd, Long Beach, CA, 90803 | $1,665,000 | 4 | 3 | 1,953 | 3,011 Sq. Ft |
| 6911 E Seaside, Long Beach, CA, 90803 | $3,495,000 | 4 | 3 | 2,836 | 2,537 Sq. Ft |
| 5653 E 2nd, Long Beach, CA, 90803 | $1,650,000 | 4 | 2 | -- | 3,373 Sq. Ft |
| 6514 E Ocean Boulevard, Long Beach, CA, 90803 | $2,595,000 | 3 | 4 | 2,978 | 2,428 Sq. Ft |
| 27 66th Place, Long Beach, CA, 90803 | $2,495,000 | 2 | 4 | -- | 2,376 Sq. Ft |
| 10 66th Place, Long Beach, CA, 90803 | $4,575,000 | 5 | 6 | 3,686 | 3,927 Sq. Ft |
| 10 66th, Long Beach, CA, 90803 | $4,575,000 | 5 | 5 | -- | 3,927 Sq. Ft |
| 263 Corona Avenue, Long Beach, CA, 90803 | $2,499,000 | 5 | 5 | -- | 8,104 Sq. Ft |
| 141 Glendora Avenue, Long Beach, CA, 90803 | $1,725,000 | 2 | 1 | -- | 2,250 Sq. Ft |
| 75 Glendora, Long Beach, CA, 90803 | $1,599,000 | 2 | 4 | -- | 2,264 Sq. Ft |
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Nearby For Sale
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ByOwner last updated this listing 09/27/2026 @ 09:13
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