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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Interior Features
Ceiling Fan(s), Unfurnished, Bedroom on Main Level, Galley KitchenAppliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, WasherLaundry Features: Common Area, Laundry Room, Outside -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Cooling: None
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Building Information
Year Built: 1956Building Area Total: 2638Construction Materials: Concrete, StuccoStories: 2Pool Features: NonePrivate Pool: NoView: City Lights, 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: 2-5 Units/Acre,Back Yard,Corner Lot,Front Yard,Lawn,YardProperty Information
Subdivision: Belmont Heights (BH) Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 70
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Listing Price Information
Listing Price: $1999000Cash, Cash to New Loan, 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, Door-Multi, Driveway Level, Driveway, Garage, Paved, On StreetGarage Information
Has Garage: Yes Garage Space: 2
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Utility Information
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
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 |
|---|---|---|---|---|---|
| 6911 E Seaside, Long Beach, CA, 90803 | $3,495,000 | 4 | 3 | 2,836 | 2,836 SqFt |
| 5653 E 2nd, Long Beach, CA, 90803 | $1,850,000 | 4 | 2 | -- | |
| 6514 E Ocean Boulevard, Long Beach, CA, 90803 | $2,595,000 | 3 | 4 | 2,978 | 2,978 SqFt |
| 27 66th Place, Long Beach, CA, 90803 | $2,495,000 | 2 | 4 | -- | |
| 10 66th, Long Beach, CA, 90803 | $4,575,000 | 5 | 5 | -- | |
| 10 66th Place, Long Beach, CA, 90803 | $4,575,000 | 5 | 6 | 3,686 | 3,686 SqFt |
| 169 Roycroft, Long Beach, CA, 90803 | $1,475,000 | 2 | 2 | 1,942 | 1,942 SqFt |
| 169 Roycroft, Long Beach, CA, 90803 | $1,475,000 | 2 | 2.5 | 1,942 | 1,942 SqFt |
| 28 Argonne Avenue, Long Beach, CA, 90803 | $1,725,000 | 6 | 4 | 2,700 | 2,700 SqFt |
| 70 Roycroft Ave, Long Beach, CA, 90803 | $1,960,000 | 5 | 5 | -- |
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Nearby For Sale
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ByOwner last updated this listing 08/12/2026 @ 19:38
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