5220 E Broadway
Long Beach, CA 90803
- – beds
- – baths
- – sqft
- 9,143 sqft lot
- 1943 build
- – on site
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Beach close location! location! location!!! Welcome to your opportunity to own a piece of paradise in the coveted Belmont Park/Heights area of Long Beach! This charming 4-unit income property sits on a spacious lot spanning nearly 10,000 square feet and is located just a few blocks from the beach, while offering an unparalleled coastal lifestyle. Two of the four units feature newer carpeting and paint, ensuring a fresh and inviting atmosphere. With 2 two double car garages, there is ample parking for tenants and visitors alike, a rarity in this sought-after area. The property features a newer roof, adding to its appeal and minimizing maintenance concerns for the fortunate new owner. This property exudes incredible potential, whether you're an investor seeking to maximize rental income or an owner-occupant looking for a prime location to call home. Take advantage of the spacious lot to build additional units, offering even greater revenue potential. Or, combine two units to create a luxurious owner's unit, complete with all the amenities you desire. Other possibilities include multi generational living quarters or Create a spacious home in the front portion of the property and units over. the garages. The possibilities are endless! The exceptional location of this property is truly unbeatable. Enjoy local water sports with the Boat Marina nearby and the wonderful canals of Naples located just 2 blocks away. The beach along with a great bike path to downtown is located just few blocks in the other direction. Locals enjoy the convenience of being within walking distance to cafes, Boutiques and fine dining all while maintaining a peaceful ambiance away from the hustle and bustle of the city. Whether you choose to add this to your portfolio, live in one unit and rent out the others, or explore the potential for expansion and additional income streams, this property is sure to exceed your expectations. All units are on month to month agreements. Schedule your viewing today and unlock the full potential of this exceptional property.
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Last updated Nov 19, 2024
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MLS# PW24057750 —
The Building
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Year Built:1943
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Year Built Source:Public Records
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New Construction:No
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Architectural Style:Traditional
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Roof:Shingle
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Entry Level:1
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Foundation:Raised
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Common Walls:2+ Common Walls
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Building Area Total:2876.00
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Building Area Units:Square Feet
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# of Buildings:2
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Total Number Of Units:4
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Stories Total:2
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:1
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Flooring:Carpet, See Remarks
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Room Type:Primary Bedroom
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Common Area, Community, Individual Room
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Laundry:1
Location
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Directions:Corner of Corona Ave / Broadway
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LBR1S
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Lot Features:Corner Lot, Front Yard, Lawn, Irregular Lot
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Lot Size Area:9143.0000
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Lot Size Acres:0.2099
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Lot Size SqFt:9143.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fencing:Chain Link
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Fence:Yes
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Road Frontage:City Street
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Road Surface Type:Gravel
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5774.00
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Tax Tract:12322
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Tax Lot:4
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7249012004
Heating & Cooling
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Heating:1
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Heating:Floor Furnace, Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Oven, Gas Cooktop, Water Heater
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Included:Yes
The Community
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Subdivision:Belmont Park (BP)
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Subdivision:Belmont Park (BP)
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Senior Community:No
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Features:Dog Park, Sidewalks
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Pool:None
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Private Pool:No
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Association:No
Parking
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Parking:Yes
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Parking:Garage, Garage Faces Rear, On Site
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Parking Spaces:4.00
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Garage Spaces:4.00
Extra Units
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Average 1 Bed Area:719
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/23/24
Jul 23, 2024
|
Sold | BRIDGE | ||
|
5/1/24
May 1, 2024
|
BRIDGE | $1,997,000 | ||
|
5/1/24
May 1, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,997,000 |
