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    3701 E Broadway

    Long Beach, CA 90803
    • $1,895,000
    • STATUS: Active Under Contract
    • ON SITE: 20 days
    • ID#: PW21147483
    Under Contract
    UPDATED: 37 min ago
    $1,895,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Prime Long Beach Location. Excellent opportunity to invest in a four unit property just blocks from the beach. Walking distance to trendy restaurants, bars, and shopping. With a great unit mix comprised of a 3 bedroom 2 bath unit, a 2 bedroom 2 bath unit, a 1 bedroom 1 bath unit, and 1 studio unit with a an approximate total building square footage of 3,898 SF on a 6,509 Sf lot. Upside on the current rents for a new owner, 4 garages and separately metered for electric and gas. Investors have an opportunity to add value to this great property located in the prime Belmont Heights area of Long Beach.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T19:36:51.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/119079751
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    3701 E Broadway Long Beach, CA 90803

    • Price: $1,895,000
    • Status: Active Under Contract
    • Updated: 37 min ago
    • ID#: PW21147483
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1920
    Built
    Neighborhood:
    Belmont Heights (Bh)
    County:
    Los Angeles
    Area:
    2 - Belmont Heights, Alamitos Heights
    Property Description
    Prime Long Beach Location. Excellent opportunity to invest in a four unit property just blocks from the beach. Walking distance to trendy restaurants, bars, and shopping. With a great unit mix comprised of a 3 bedroom 2 bath unit, a 2 bedroom 2 bath unit, a 1 bedroom 1 bath unit, and 1 studio unit with a an approximate total building square footage of 3,898 SF on a 6,509 Sf lot. Upside on the current rents for a new owner, 4 garages and separately metered for electric and gas. Investors have an opportunity to add value to this great property located in the prime Belmont Heights area of Long Beach.
    Exterior Features

    Construction Materials Stucco Fencing Wood Lot Features Corner LotLevelWalkstreet Number Of Separate Electric Meters 4 Parking Features Door-SingleGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Roof Asphalt

    Interior Features

    Appliances DishwasherGas OvenGas Range Common Walls 1 Common Wall Fireplace Features None Fireplace YN No Flooring CarpetWood Interior Features Multiple Staircases

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalksUrban Garage YN Yes Gross Income 106740 Gross Scheduled Income 106740 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 73131 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 33609 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lbcnp

    Listing provided courtesy of George Bustamante of Coldwell Banker Commercial and J. Steven Warshauer of Coldwell Banker Commercial


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T19:36:51.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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