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4124 E Broadway, Long Beach
$1,899,000
PV26079470 MLS ⋅ Active Status
4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix that supports durable tenant demand across multiple renter profiles.The property generates approximately $ 9,775 in monthly gross income ( $117,300 annually), equating to a 5.4% current cap rate. With demonstrated rental upside and below-market in-place rents, investors can expect an even greater cap rate with strategic interior upgrades, unit turns, and alignment to prevailing market rents. The partially renovated studio unit provides an immediate value-add component, reducing initial capital outlay while illustrating achievable rent premiums. This offering represents a compelling blend of stable cash flow and operational upside, supported by strong underlying fundamentals in a supply-constrained coastal submarket. Belmont Shore/Belmont Heights continues to exhibit high occupancy levels and resilient rent growth due to limited new multifamily development, coastal zoning restrictions, and sustained lifestyle-driven demand. Additional amenities include two single-car garages, two driveway parking spaces, on-site community laundry, and a generously sized communal backyard that enhances tenant livability and retention. Notably, additionally two units feature private outdoor spaces—an increasingly scarce amenity that supports rent growth and tenant stability. Located just blocks from the Pacific Ocean and within close proximity to Alamitos Bay Beach, Bluff Park, and the vibrant retail and dining corridor along 2nd Street, the property benefits from exceptional walkability and a premier coastal lifestyle. This irreplaceable location serves as a natural hedge against market volatility, reinforcing long-term appreciation potential. With in-place income, identifiable value-add potential, and positioning within one of Long Beach’s most sought-after rental corridors, 4124 E Broadway offers investors a rare opportunity to acquire a defensible coastal asset with both yield and growth characteristics. Buyers are advised to conduct their own due diligence regarding rent control regulations, permitting, and market rent assumptions.

4124 E Broadway, Long Beach
3409 E 2nd Street, Long Beach
$2,795,000
PW26081664 MLS ⋅ Active Status
NEW PRICE! Exceptional Bluff Park Spanish Fourplex —Owner-User Opportunity, Current Income & Future Upside Just Two Blocks from the Beach. Rarely does a property offer this combination of location, income, flexibility, and extensive improvements. If all four residences were rented, the property has the potential to generate approximately $1845 per month / $142,140 annually in gross income. The spacious 4-bedroom, 2.5-bath current owner’s residence is estimated at $4,500 per month ($54,000 annually), while the three 1-bedroom residences currently generate a combined $7,345 per month ($88,140 annually). For an owner-user, the opportunity is equally attractive. Occupy the expansive four-bedroom main residence while collecting nearly $7,350 per month from the three additional residences, an exceptional combination of comfortable coastal living and substantial rental income. The property has benefited from over $700,000 in improvements, including an extensive reconstruction to the owners unit, taken down to the studs while carefully preserving the property’s original Spanish architecture and character. Improvements include updated plumbing and electrical systems, countertops, garage reconstruction, seismic retrofitting, HVAC, whole-house stereo, private laundry, and a private patio with built-in seating and BBQ. The residence also includes a two-car garage. Each of the three 1-bedroom residences enjoys its own private patio, while the property is centered around a beautifully landscaped courtyard accented by fountains, creating a wonderful sense of privacy, charm, and separation between the residences. Located just two blocks from the beach in highly desirable Bluff Park, this is a rare coastal investment offering current income, owner-user flexibility, and future income potential—all while enjoying the lifestyle and character of one of Long Beach’s most sought-after neighborhoods.

3409 E 2nd Street, Long Beach
564 N Bellflower Boulevard Unit 315, Long Beach
$570,000
2 Beds ⋅ 2 Baths ⋅ PW26053277 MLS ⋅ Active Status
Welcome to this warm and inviting single-level 2-bedroom / 2-bath residence in the prestigious Stoneybrook Villas gated community. This top-floor end unit offers unparalleled privacy with only one common wall and no one above. The home features a comfortable living area, a dedicated dining space, and a well-sized kitchen space, ideal for a single lifestyle or young couples who love to entertain. Stoneybrook Villas is renowned for its lush greenbelts and stunning landscaping, creating a tranquil and comfortable living with resort-style amenities including swimming pools, spas, saunas, tennis courts, sports courts, a clubhouse, and a fitness center. The residence has many recent updates, including fresh paint throughout the interior, new dual-pane energy-efficient vinyl slider doors to the balcony, recessed lighting, ceiling fans in the dining area and both bedrooms, an updated kitchen with newer cabinetry, countertops, and appliances, and luxury vinyl flooring in the kitchen/tile in the bathrooms. This residence offers central air conditioning and heating to provide year-round comfort, and an abundance of storage space with two generously sized walk-in wardrobe closets and a spacious hallway linen and storage closet. Convenience is key with in-building laundry facilities and two covered subterranean parking spaces with elevator access. Situated in a prime location, Stoneybrook is close to schools, parks, golf courses, yacht and country clubs, essential services, and excellent commuting options. Enjoy the proximity to the beach, Belmont Shore, and the vibrant 2nd & PCH area. The Colorado Lagoon, Marine Stadium, and Marina Vista Park are within walking distance, offering a vibrant community atmosphere with weekly farmers' markets and summer concerts in the park. Don’t wait to make Stoneybrook Villas your new home!

564 N Bellflower Boulevard Unit 315, Long Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . 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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