4124 E Broadway
Long Beach, CA 90803
6
Bed
4
Bath
2,638Sqft
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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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Interior Features: Ceiling Fan(s),Unfurnished,Bedroom on Main Level,Galley Kitchen Property Appliances: Dishwasher,Gas Range,Microwave,Refrigerator,Dryer,Washer Fireplace: Living Room Flooring: Laminate,Tile,Wood -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: Living Room Has Fireplace: 1
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Building Information
Year Built: 1956 Building Area Total: 2,638 Construction: Concrete,Stucco -
Pool Features
NoneLaundry Features
Common Area,Laundry Room,OutsideFencing
Wood
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1637 -
Lot Size Source: Assessor Lot Size Square Feet: 7130
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Listing Price Information
Original List Price: 1,999,000 Listing Contract Date: 2026-04-21 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7256012010
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Garage and Parking
Garage Description: Concrete,Door-Multi,Driveway Level,Driveway,Garage,Paved,On StreetHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: All Utilities,Cable TV,Electricity,Gas,Trash Collection,Water
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Other Property Info
Source Listing Status: Active Source Neighborhood: 2 - Belmont Heights, Alamitos Heights Directions: South West corner of Braodway and Roswell Source Property Type: Residential Income Area: 2 - Belmont Heights, Alamitos Heights Property SubType: Quadruplex -
Building and Construction
Property Age: 70 Common Walls: 1 Common Wall,End Unit Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 2 Entry Location: 5 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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 | $1,735,000 | 4 | 3 | 1,953 | 1,953 SqFt |
| 5829 E 2nd, Long Beach, CA, 90803 | $1,735,000 | 4 | 3 | 1,953 | 1,953 SqFt |
| 6514 E Ocean Boulevard, Long Beach, CA, 90803 | $2,595,000 | 3 | 4 | 2,978 | 2,978 SqFt |
| 10 66th Place, Long Beach, CA, 90803 | $4,675,000 | 5 | 5 | 3,686 | 3,686 SqFt |
| 64 59th Place, Long Beach, CA, 90803 | $2,249,000 | 4 | 5 | 2,886 | 2,886 SqFt |
| 210 Glendora Avenue, Long Beach, CA, 90803 | $1,675,000 | 4 | 4 | 2,292 | 2,292 SqFt |
| 143 Pomona, Long Beach, CA, 90803 | $1,595,000 | 4 | 3 | 2,394 | 2,394 SqFt |
| 74 Argonne, Long Beach, CA, 90803 | $1,695,000 | 4 | 4 | 2,284 | 2,284 SqFt |
| 3 Euclid Avenue, Long Beach, CA, 90803 | $1,750,000 | 4 | 4 | 2,732 | 2,732 SqFt |
| 247 Redondo, Long Beach, CA, 90803 | $999,000 | 1 | 1.5 | 1,928 | 1,928 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/19/2026 @ 14:57
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