1513 E Broadway

    Long Beach, CA 90802
    • $1,350,000
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: PW19240983
    UPDATED: 41 min ago
    $1,350,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,474
      SQFT
    • $546
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    Location, Location, Location, this 5 Plex is right on the Broadway Corridor, and is only 3 short blocks to the ocean, a short stroll to Bixby Park and dog park, and is also close to Belmont Shore, Thriving Downtown, East Arts Village, and easy walking to entertainment, restaurants, shopping and more. This 1914 building is loaded with charm and character and consists of 1-2 bed 2 bath (very lofty NY style) and 4-1 bedrooms, all units have been tastefully redone including wood look flooring, all baths and kitchens have been redone, designer paint. Many major upgrades to the exterior, including foundation work, double pane windows, all new roof, and exterior paint. The Broadway Corridor just completed an all new street design, with bike paths, this was a multi million dollar project. All great tenants and seldom a vacancy (last vacancy rented in 1 day) makes this a great investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T07:33:55.4. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/99889353

    1513 E Broadway Long Beach, CA 90802

    • Price: $1,350,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: PW19240983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,474
    SQFT
    $546
    $/SQFT
    1914
    Built
    Neighborhood:
    Alamitos Beach (Ab)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    Location, Location, Location, this 5 Plex is right on the Broadway Corridor, and is only 3 short blocks to the ocean, a short stroll to Bixby Park and dog park, and is also close to Belmont Shore, Thriving Downtown, East Arts Village, and easy walking to entertainment, restaurants, shopping and more. This 1914 building is loaded with charm and character and consists of 1-2 bed 2 bath (very lofty NY style) and 4-1 bedrooms, all units have been tastefully redone including wood look flooring, all baths and kitchens have been redone, designer paint. Many major upgrades to the exterior, including foundation work, double pane windows, all new roof, and exterior paint. The Broadway Corridor just completed an all new street design, with bike paths, this was a multi million dollar project. All great tenants and seldom a vacancy (last vacancy rented in 1 day) makes this a great investment.
    Exterior Features

    Garage Spaces 0.00 Lot Features Park Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Outside Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features BikingCurbsDog ParkParkSidewalksStreet Lights Country Us Electric Expense 3324.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 480.00 Gross Scheduled Income 88200.00 Insurance Expense 1570.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 480.00 Laundry YN Yes Net Operating Income 80485.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 7300 Number With Range 5 Operating Expense 7715.00 Pest Control Expense 51.00 Professional Management Expense 600.00 Rent Control YN No Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Subdivision Name Other Alamitos Beach (Ab) Tenant Pays Cable TvTelephone Total Actual Rent 7300.00 Total Expenses 7754.00 Trash Expense 0.00 Water Sewer Expense 2209.00 Water Source Public Year Built Source Assessor Zoning Lbcnr

    Listing provided courtesy of Michael Barber of Coldwell Banker Coastal Alliance


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T07:33:55.4. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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