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.
For sale
Listed by: Person Realty Inc. • Makoto Ozaki • Contact: 310-787-1045
$2,600,000
1020 East Broadway, Long Beach, CA 90802
--beds
--baths
3,743sqft
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$695/sqft
$-- HOA
What's special
- 7 days |
- 34 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Makoto Ozaki DRE #02194514 949-662-8805,
Person Realty Inc.,
Sayaka Kuroda DRE #02048087,
Person Realty Inc.
Source: CRMLS,MLS#: SB26155227
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Electric
Cooling
- Electric, Gas
Appliances
- Included: Built-In Range, Electric Range, Gas Range
- Laundry: Common Area
Features
- All Bedrooms Down
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Bath, Dining Room, Family Room, Kitchen, Library, Living Room, Primary Bedroom
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,743
- Total interior livable area: 3,743 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,743 Square Feet
- Dimensions: 50 x 75
- Features: 2-5 Units/Acre
Details
- Parcel number: 7265002024
- Zoning: LBR4N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available
Community & HOA
Community
- Features: Urban
- Subdivision: North Long Beach (Nlb)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $695/sqft
- Tax assessed value: $2,476,440
- Annual tax amount: $32,388
- Date on market: 7/16/2026
- Listing terms: Cash,1031 Exchange
- Total actual rent: 10197
- Tenant pays: Association Fees, Electricity, Gas, Janitorial Service
Estimated market value
Not available
Estimated sales range
Not available
$3,755/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $2,600,000+9.2%$695/sqft |
Source:  CRMLS #SB26155227 Report a problem | ||
| 2/15/2025 | Listing removed | $3,100$1/sqft |
Source: CRMLS #SB24255678 Report a problem | ||
| 12/31/2024 | Listed for rent | $3,100+3.3%$1/sqft |
Source: CRMLS #SB24255678 Report a problem | ||
| 12/9/2024 | Listing removed | $3,000$1/sqft |
Source: CRMLS #SB24242306 Report a problem | ||
| 12/6/2024 | Price change | $3,000+20.2%$1/sqft |
Source: CRMLS #SB24242306 Report a problem | ||
| 12/2/2024 | Listed for rent | $2,495$1/sqft |
Source: CRMLS #SB24242306 Report a problem | ||
| 9/29/2022 | Sold | $2,380,000+14.7%$636/sqft |
Source: Public Record Report a problem | ||
| 6/17/2022 | Sold | $2,075,000-1.2%$554/sqft |
Source: Public Record Report a problem | ||
| 6/13/2022 | Pending sale | $2,100,000$561/sqft |
Source: CRMLS #PW22096939 Report a problem | ||
| 5/10/2022 | Listed for sale | $2,100,000+90.9%$561/sqft |
Source: CRMLS #PW22096939 Report a problem | ||
| 10/14/2020 | Sold | $1,100,000$294/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $32,388 +4.5% | $2,476,440 +2% |
| 2024 | $31,002 +1.7% | $2,427,888 +2% |
| 2023 | $30,487 +114.9% | $2,380,288 +112.1% |
| 2022 | $14,189 +2.1% | $1,122,288 +2% |
| 2021 | $13,897 +191.5% | $1,100,288 +231.8% |
| 2020 | $4,768 | $331,571 +2% |
| 2019 | $4,768 +5% | $325,076 +2% |
| 2018 | $4,541 | $318,709 +2.1% |
| 2017 | $4,541 +1.1% | $312,178 +2% |
| 2016 | $4,493 +8% | $306,058 +1.5% |
| 2015 | $4,162 +4.1% | $301,462 +2% |
| 2014 | $3,999 | $295,558 +2.5% |
| 2012 | -- | $288,455 +2% |
| 2011 | -- | $282,800 +0.8% |
| 2010 | -- | $280,688 -0.2% |
| 2009 | -- | $281,356 +2% |
| 2008 | -- | $275,840 +2% |
| 2007 | -- | $270,433 +2% |
| 2006 | -- | $265,132 |
| 2005 | -- | $265,132 +4% |
| 2004 | -- | $254,838 +1.9% |
| 2003 | -- | $250,168 +2% |
| 2002 | -- | $245,264 +4% |
| 2000 | -- | $235,743 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Alamitos Beach
Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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