1605 East Broadway

Long Beach CA 90802

4120 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Welcome to this newly upgraded 4-plex building located in the highly sought after community of Alamitos Beach. Just four blocks from the ocean, and easy access to some of Long Beach's best outdoor living spaces, this asset is a must see! It offers many contemporary finishes in the kitchens and bathrooms, premium flooring, fresh paint, and independent laundry facilities for each unit. Each tenant manages their own utilities since the building is metered with independent gas and electric for each unit. With only 1.5 miles to downtown, you are within close proximity to some of the best restaurants and shops throughout the city. Tenants love living 4 blocks in from Ocean Ave., with easy access to the beach. This great asset remains competitive in the thriving rental market of Long Beach. The city is investing over a billion-dollars to infrastructure upgrades, including re-paving of the local streets, building new residential and commercial real estate projects, re-building bridges, and the ever expanding commerce of the Port of Long Beach. This ensures a stable economic draw to the Long Beach area, thus creating the perfect opportunity of building equity.