Courtesy of: Cameron Samimi 02035763 | Lyon Stahl Investment Real Estate, Inc.
Purchase Type: Sale
MLS ID: SB21161739MR
Days On Market: 53
Square Footage: 4,300 Sq ft
Property Type: Residential Income
Property Subtype: Apartment Building
Area: Belmont Heights, Alamitos Heights
Swimming Pool: No
Address: 4603 E Broadway
County: Los Angeles
City: Long Beach
Neighborhood: Belmont Heights, Alamitos Heights
Stunning, remodeled 5-Unit apartment building, with ocean views, located just minutes from the beach in Belmont Heights, one of Long Beach's most desirable neighborhoods. This turn-key gem has top-of-the-market rents and zero deferred maintenance, making it an ideal opportunity for any investor or exchange buyer looking for great cash-flow and extremely low maintenance. With 4,300 SqFt of rentable space, 4603 E Broadway is comprised of (5) oversized 1Bed/1Bath units, averaging 900 sqft each. All units have been tastefully remodeled, featuring hardwood floors, new cabinets, brand new stainless steel appliances and W/D in unit. 4603 E Broadway also features 3 garage parking spots, a rare commodity in the city of Long Beach. Beneficial to the new owner, each unit is separately metered for gas and electricity. Located in beautiful Belmont Heights, one of Long Beach's Top Rental Markets, 4603 E Broadway is just steps away from 2nd St, an area featuring many hip restaurants, bars and shopping. The upside in the Long Beach market is limitless, with $6 Billion in new capital pouring into projects such as the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown VIllage, Broadway Block, The Pacific and Queen Mary Island.
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