Property listed by Lyon Stahl Investment Real Est, Ryan Gonzalez [email protected]
$4,600,000
We are pleased to present two exceptionally located multifamily investment opportunities in the highly desirable Alamitos Beach neighborhood of Long Beach, CA. The properties, situated side by side at 2067 and 2075 E Broadway, offer an irreplaceable location overlooking Bixby Park along one of the most sought-after corridors in the… Read More city—just blocks from the beach and surrounded by vibrant dining, shopping, and entertainment.
2075 E Broadway, built in 1946, consists of 20 well-appointed units totaling 11,424 rentable square feet. The mix is comprised of (6) 1 Bed / 1 Bath units and (14) Studios. Like its neighbor, this property benefits from recent cosmetic upgrades including new flooring, new electrical panels and paint, enhancing its rentability and long-term value.
The properties boast a Walk Score of 92 (“Walker’s Paradise”), placing residents within steps of trendy restaurants, boutique shopping, coffee houses, and entertainment venues. Nearby attractions include the Long Beach Museum of Art, Shoreline Village, Alamitos Beach, and the Broadway Corridor’s nightlife and dining scene. Tenants also enjoy convenient access to major employment hubs, Downtown Long Beach, and freeway connectivity to greater Los Angeles and Orange County.
Together, 2067 and 2075 E Broadway represent a rare portfolio acquisition in one of the most desirable and supply-constrained rental markets in Southern California. With strong in-place fundamentals, upside potential, and an unmatched location, these properties present a phenomenal opportunity for a new buyer seeking to expand their portfolio in a high-demand coastal market. Read Less
Listing Snapshot
Days Online
23
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1946
MLS Number
PW26079820
Additional Details
Building
Built in 1946, 1 building, 2 stories, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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