Back 1513 E Broadway
Off Market

1513 E Broadway

Long Beach CA 90802

5
5
2508 sq. ft.
Multi-Family
Last sold for $1,375,000
Christopher CrosbyChristopher Crosby, last sold this property on 01 June 2026 after 52 days on market.

Overview

Seller Financing Available! Steps to the Ocean! Rare opportunity to acquire a coastal 5-unit property in Long Beachs 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.

Features

5 bedrooms
5 bathrooms
2508 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 1513 E Broadway is $1.54m.

Median value
$1.54m
Estimated value range
$1.3m - $2.01m
Median days on market
45
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1513 E Broadway

2026
Sold
$1,375,000
01 Jun 2026 by Christopher Crosby, of Buckingham Investments, Inc.
2021
Sold
$1,200,000
27 Apr 2021 by Michael Barber, of Coldwell Banker Coastal Alliance

Happy sellers in Long Beach

<50%
Less than 50% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Long Beach over the last 12 months.

Local market activity for 5 bedroom multi families in Long Beach

In the last 12 months, 3 five-bedroom multi families similar to 1513 E Broadway, have been sold.

This represents a 300% decrease in five-bedroom multi families sales when compared to the previous 12 months.

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