1513 E Broadway, Long Beach, CA 90802

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Listing courtesy of Listing Agent: Christopher Crosby (chris.crosby@buckinghaminvestments.com) from Listing Office: Buckingham Investments, Inc.

Selling Office: None MRML.

Sold Price
$1,375,000
List Price
$1,395,000
Status
CLOSED
Days on Market
32
Closing Date
Jun 01, 2026
MLS#
SB26075231
Subtype
Residential Income
Year Built
1914
Lot Size
2,508
Acres
0.06
Subdivision
Alamitos Beach (Ab)
Neighborhood
Alamitos Beach (Ab)
MLS Area Major
Downtown Area, Alamitos Beach (4)

Property Description

Seller Financing Available! Steps to the Ocean! Rare opportunity to acquire a coastal 5-unit property in Long Beach’s highly desirable Alamitos Beach neighborhood. With seller financing available, investors may be able to acquire the property with approximately $400,000 down, offering attractive leverage in a strong rental market. 1513 E Broadway features a desirable unit mix of (1) 2-bedroom, 2-bath and (4) 1-bedroom, 1-bath units, with walkable coastal living just steps from the ocean. Tenants enjoy proximity to Bixby Park, Retro Row, Belmont Shore, and the vibrant Broadway corridor with popular dining, coffee shops, and boutiques. Convenient access to Downtown Long Beach and major employment centers further enhances long-term investment appeal. Offered at 11.7 GRM and 5.1% Cap Rate, this is an attractive coastal investment opportunity.

Additional Information

Stories
Two Levels
Levels
Two
Pool Type
None
Parking Features
None

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.