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$1,599,000

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3,314 Sqft Lot

Price Dropped by $50K

1169 E Broadway Long Beach, CA 90802

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Patrick Fossati

patrick@fossatigrp.com +1(805) 910-0463

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW25178986

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1921

Lot Size 3,314 Sqft

Property Sub-Type Quadruplex

Property Description

Fantastic opportunity to own a pristine Residential Income 4 Unit Property located in one of the best positions in the entire city of Long Beach, CA! This is your chance to own a beautiful asset, which has been thoroughly renovated recently, in the host city for the 2028 Los Angeles Olympic and Paralympic Games. Each unit will rent with ease, in one of the most landlord-friendly cities in all Southern CA. The exterior of the building presents wonderful curb appeal, being complete with: new paint & trim, new windows, upgraded doors, updated stairs, and updated private exterior spaces. The property is located walking distance away from the Long Beach sand. Each of the 4 units is complete with: a beautiful & functional layout, upgraded electrical, upgraded luxury vinyl plank flooring, a renovated kitchen with new cabinets, high end countertops, new dishwasher, new microwave, new stove, upgraded LED canned lighting, and remodeled tile backsplash. The property also has a detached 1 car garage, providing a potential source for additional income for the new owner as well as increased functionality. Additionally, the city of Long Beach keeps growing at an exponential rate, quickly expanding its reputation as an international epicenter. On top of hosting the 2028 Summer Olympics, Long Beach has the following development projects in progress: the Shoreline Gateway, the Bloom @ Magnolia, the Colorado Lagoon Project, the Shoemaker Bridge Replacement Project, as well as numerous large-scale conceptual projects. This beautiful property is an excellent opportunity to attain a remarkable & timely asset in a perfect location!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4R

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Biking, Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks, Urban, Water Sports

Utilities Available Phone Available, Sewer Connected, Water Connected

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7275004043

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=92iXSAgUZEn&brand=0

Listed by Jeff Warren Compass jsh.jwarren@gmail.com

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Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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1169 E Broadway Long Beach, CA 90802

Patrick Fossati

Key Details

Location

Interior

Exterior

Building

Others

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1169 E Broadway