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Millman Team Real Estate

$2,500,000
0.09 Acre Lot

1020 E Broadway, Long Beach, California 90802

  • Residential Income Property Type
  • 1963 Year Built
Property Description

Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10, 197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.

Basic Details
Residential Income
For Sale
SB26155227
$2,500,000
Neighborhood
1963
0.09 Acre
Active
1
Apartment
Features
: None
: Electric
: Gas, Electric
: Living Room, Family Room, Primary Bedroom, Dining Room, Bath, Kitchen, Library
: Wood
: All Bedrooms Down
: Common Area
: Public Sewer
: Sewer Available, Natural Gas Available
$0
Appliances
: Gas Range, Electric Range, Built-In Range
Address Map
CA
Los Angeles
Long Beach
North Long Beach (NLB)
90802
Broadway
1020
W119° 49' 12.3''
N33° 46' 7.4''
From Alamitos Avenue, head east on E Broadway. The property is located between Orange Avenue and Bonito Avenue.
7 - North Long Beach
E
LBR4N
Additional Information
$0
$0
$0
$0
$0
3743
: Urban
1
3.0
: Two
: 2-5 Units/Acre
50 x 75
4
2026-07-16
2550000
2
2
: Public
Broker/Agent Information
Person Realty Inc.
Makoto Ozaki
Financial
32388.0
Listing Information
Sayaka Kuroda
SBKUROSAY
S4435
Person Realty Inc.
SBOZAKMAK
S4435
Cash, 1031 Exchange
Active
2026-09-29T14:48:02Z
CRMLS
: Standard
2026-07-16T04:00:07Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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