Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
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$2,400,000

$2,400,000

Est.Price: ?

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Est. payment /mo

4,935 Sqft Lot


SOLD DATE : 08/01/2024

Key Details

Sold Price $2,400,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24098190

Sold Date 08/01/24

HOA Y/N No

Year Built 1936

Lot Size 4,935 Sqft

Property Description

Beautiful 4-Plex nestled in the Historic Bluff Park
neighborhood of Long Beach, CA, 3056 E Broadway
presents a rare opportunity for investors seeking a
meticulously maintained income-producing property just
four blocks from the beach. Comprising four tastefully
renovated 2-Bed/1-Bath units, this charming property
boasts a prime location and exceptional condition. Each
unit has been extensively remodeled, including kitchens,
bathrooms, floors and paint.
Bluff Park's desirable location offers tenants easy access
to the beach, parks, dining and entertainment options,
making these units highly desirable in Long Beach's
thriving rental market. With its strong rental demand and
proximity to the beach, this property promises consisted
occupancy and rental income for investors. This asset is
ideal for any investor or first time home buyer due to its
offering of immediate returns and long-term
appreciation.
Bordering Belmont Shore and located in one of Long
Beach's top rental markets, this truly is a one-of-a-kind
building. It is just outside the $6B of development flooding
into Downtown Long Beach, including the Long Beach
Civic Center, Long Beach Aquarium, OceanAire Project,
CSULB Downtown Village, Broadway Block, The Pacific and
Queen Mary Island.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR2N

Interior

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Biking, Dog Park, Hiking, Park, Sidewalks, Water Sports

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7264006057

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559
Bought with Jimmy Reed • Re/Max Coastal Homes
agent-avatar

+1(949) 212-5036

shelly@remaxcoastalhomes.com

1644 N El Camino Real, Clemente, CA, 92672, USA

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