Property Detail

1513 Broadway

Long Beach CA 90802

$1,395,000

Status: Active

Property Details

Description

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

Map Location

Listing provided courtesy of Christopher Crosby of Buckingham Investments, Inc. Last updated 2026-05-01 08:10:52.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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