$3,050,000 - 1026 1040 Broadway, Long Beach

  • 2Beds
  • 2Baths
  • 0SQ. Feet
  • 0.26Acres

Broadway @ Alamitos Beach is comprised of two adjacent apartment buildings with a total of nine units in prime Alamitos Beach. The unit mix consists of eight 1 BD/ 1 BA units and one larger 1 BD / 1 BA unit. Eight units of the nine units have been renovated with modern fixtures and finishes, including new countertops, laminate wood flooring, stainless steel appliances, bathtubs and vanities, ceiling fans, lighting, and window coverings. Exterior and common area renovations include a remodeled laundry room with new machines and new flooring in hallways and staircases. New landscaping includes installation of concrete hardscape and modern fencing, drought tolerant plants with drip irrigation and lighting. On-site laundry facilities, garage storage and workshop storage provide current additional building income. There is potential to turn the 300 square foot workshop storage into an ADU for approximately $1,895 in additional monthly income.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW23182166
  • Price:$3,050,000
  • Bedrooms:2
  • Bathrooms:2.00
  • Acres:0.26
  • Year Built:1921
  • Type:Residential Income
  • Sub-Type:Mixed Use
  • Status:Active Under Contract
  • Listing Agent:Robert Stepp
  • Listing Office:Keller Williams - Santa Monica

Community Information

  • Address:1026 1040 Broadway
  • Area:4 - Downtown Area, Alamitos Beach
  • Subdivision:Alamitos Beach (AB)
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90802

Amenities

  • Parking:Off Site, One Space
  • Garages:Off Site, One Space
  • Pool:None

Interior

  • # of Stories:2

Exterior

  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:October 2nd, 2023
  • Days on Market:209
  • Zoning:LBR4R

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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 11:50pm CDT. 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.