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Sold on 06/01/2026
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1513 E Broadway, Long Beach, CA 90802

  • $1,375,000

    Last sold 06/01/2026 after 55 Days

  • bed

  • bath

Multi-family not for sale
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About 1513 E Broadway

Property type Multi-family
Neighborhood
Year built 1914
HOA fee $0/month
Lot size 2,508 Sqft
Rental estimate
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.
Listed by
Listing Agent - Christopher Crosby
Listing Agent Contact: 650-549-4849
Listing Office - Buckingham Investments, Inc
Source: CRMLS mls logo
MLS#SB26075231 • last updated 3 weeks ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.0576
Lot Size (SqFt) 2508
Year Built 1914
Interior
Exterior
Building Area Square Feet, 2660
Parking None
Lot Description 0-1 Unit/Acre, Near Public Transit, Park Nearby
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
County Los Angeles
Community Features Curbs, Biking, Dog Park, Street Lights, Sidewalks, Park
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Neighborhood Alamitos Beach
Directions E Broadway & Falcon Ave
APN 7275012040
Multifamily Details
Expense: Trash 2026
Operating Expense 43739
Expense: Insurance 3990
Total Expenses 43739
Expense: Water/ Sewer 1606
Gross Income 118620
Expense: Electric 3574
Gross Scheduled Income 118620
Expense: Fuel 1164
Rental est.: $1,251/month
Gross rent multiplier: 92.9
  • Jun 2026
    mls logo MLS # SB26075231
  • Jun 1, 2026 Sold
    $1,375,000 (-1.4%)
  • May 11, 2026 Pending
  • Apr 7, 2026 Listed
    $1,395,000 (+16.3%)
  • Apr 2021
    mls logo MLS # PW20220991
  • Apr 27, 2021 Sold
    $1,200,000 (-2.0%)
  • Mar 19, 2021 Active
  • Oct 19, 2020 Listed
    $1,225,000 (-2.0%)
  • May 2020
    mls logo MLS # PW20013709
  • May 3, 2020 Price Change
    $1,250,000 (-3.5%)
  • Apr 6, 2020 Price Change
    $1,295,000 (-4.1%)
  • Jan 20, 2020 Listed
    $1,350,000
  • Jan 20, 2020 Listed
    $1,350,000
  • Oct 2019
    mls logo MLS # PW19240983
  • Oct 11, 2019 Listed
    $1,350,000
  • Oct 11, 2019 Listed
    $1,350,000
  • 1513 E Broadway
    $1.37M
  • Bixby Park
    $619K -2% y/y
  • 90802
    $499K 0% y/y
  • Long Beach
    $700K -2% y/y
No chart available
Statistics calculated by Movoto

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8/10
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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/25/2026. 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.
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