Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
Long Beach, CA 90803,3056 E Broadway
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$2,400,000

$2,400,000

Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

4,934 Sqft Lot


SOLD DATE : 08/01/2024

Key Details

Sold Price $2,400,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24098190

Sold Date 08/01/24

Bedrooms 8

HOA Y/N No

Lot Size 4,934 Sqft

Property Description

Beautiful 4-Plex nestled in the Historic Bluff Park neighborhood of Long Beach, CA, 3056 E Broadway presents a rare opportunity for investors seeking a meticulously maintained income-producing property just four blocks from the beach. Comprising four tastefully renovated 2-Bed/1-Bath units, this charming property boasts a prime location and exceptional condition. Each unit has been extensively remodeled, including kitchens, bathrooms, floors and paint. Bluff Park's desirable location offers tenants easy access to the beach, parks, dining and entertainment options, making these units highly desirable in Long Beach's thriving rental market. With its strong rental demand and proximity to the beach, this property promises consisted occupancy and rental income for investors. This asset is ideal for any investor or first time home buyer due to its offering of immediate returns and long-term appreciation. Bordering Belmont Shore and located in one of Long Beach's top rental markets, this truly is a one-of-a-kind building. It is just outside the $6B of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.
Beautiful 4-Plex nestled in the Historic Bluff Park neighborhood of Long Beach, CA, 3056 E Broadway presents a rare opportunity for investors seeking a meticulously maintained income-producing property just four blocks from the beach. Comprising four tastefully renovated 2-Bed/1-Bath units, this charming property boasts a prime location and exceptional condition. Each unit has been extensively remodeled, including kitchens, bathrooms, floors and paint. Bluff Park's desirable location offers tenants easy access to the beach, parks, dining and entertainment options, making these units highly desirable in Long Beach's thriving rental market. With its strong rental demand and proximity to the beach, this property promises consisted occupancy and rental income for investors. This asset is ideal for any investor or first time home buyer due to its offering of immediate returns and long-term appreciation. Bordering Belmont Shore and located in one of Long Beach's top rental markets, this truly is a one-of-a-kind building. It is just outside the $6B of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

Location

State CA

County Los Angeles

Area Long Beach (90803)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $72

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,200

Listing Terms Cash, Conventional, Exchange

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
Bought with Jimmy Reed • Re/Max Coastal Homes
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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