Skip main navigation
Sold for $1,885,000
  • Listed by: Compass • Kim Kelly • Contact: 949-438-4340
    Bought with: Compass
    $1,885,000

    5220 East Broadway, Long Beach, CA 90803

    4beds
    4baths
    2,876sqft
    Quadruplex
    Built in 1943
    -- sqft lot
    $2,186,400 Zestimate®
    $655/sqft
    $3,395 Estimated rent

    Home value

    $2,186,400

    $1.97M - $2.45M

    $3,395/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,395/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,395/mo

    Rent Zestimate®

    Refinance and save

    $12,138/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $12,138/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Beach close location! location! location!!! Welcome to your opportunity to own a piece of paradise in the coveted Belmont Park/Heights area of Long Beach! This charming 4-unit income property sits on a spacious lot spanning nearly 10,000 square feet and is located just a few blocks from the beach, while offering an unparalleled coastal lifestyle. Two of the four units feature newer carpeting and paint, ensuring a fresh and inviting atmosphere. With 2 two double car garages, there is ample parking for tenants and visitors alike, a rarity in this sought-after area. The property features a newer roof, adding to its appeal and minimizing maintenance concerns for the fortunate new owner. This property exudes incredible potential, whether you're an investor seeking to maximize rental income or an owner-occupant looking for a prime location to call home. Take advantage of the spacious lot to build additional units, offering even greater revenue potential. Or, combine two units to create a luxurious owner's unit, complete with all the amenities you desire. Other possibilities include multi generational living quarters or Create a spacious home in the front portion of the property and units over. the garages. The possibilities are endless! The exceptional location of this property is truly unbeatable. Enjoy local water sports with the Boat Marina nearby and the wonderful canals of Naples located just 2 blocks away. The beach along with a great bike path to downtown is located just few blocks in the other direction. Locals enjoy the convenience of being within walking distance to cafes, Boutiques and fine dining all while maintaining a peaceful ambiance away from the hustle and bustle of the city. Whether you choose to add this to your portfolio, live in one unit and rent out the others, or explore the potential for expansion and additional income streams, this property is sure to exceed your expectations. All units are on month to month agreements. Schedule your viewing today and unlock the full potential of this exceptional property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Kelly DRE #00813127 562-972-7765,

    Compass

    Bought with:

    Robert Martin, DRE #01063632

    Compass

    Source: CRMLS,MLS#: PW24057750MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Rooms
    • Room types: Primary Bedroom
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Cooktop, Gas Oven, Water Heater
    • Laundry: Common Area, Laundry Room
    Features
    • Flooring: Carpet, See Remarks
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,876
    • Total interior livable area: 2,876 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, On Site, Garage Faces Rear
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 9,143 Square Feet
    • Features: Corner Lot, Front Yard, Irregular Lot, Lawn
    Details
    • Parcel number: 7249012004
    • Zoning: LBR1S
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Dog Park, Sidewalks
    • Subdivision: Belmont Park (Bp)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $655/sqft
    • Tax assessed value: $1,922,700
    • Annual tax amount: $25,328
    • Date on market: 4/8/2024
    • Cumulative days on market: 122 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 2700
    • Road surface type: Gravel

    Price history

    DateEventPrice
    6/5/2024Sold$1,885,000-5.6%$655/sqft
    Source: CRMLS #PW24057750 Report a problem
    5/21/2024Pending sale$1,997,000$694/sqft
    Source: CRMLS #PW24057750 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,328 +150.5%$1,922,700 +160.1%
    2024$10,112 +1.7%$739,151 +2%
    2023$9,940 +6.3%$724,659 +2%
    2022$9,346 +2.1%$710,451 +2%
    2021$9,151 +0.3%$696,522 +1%
    2020$9,127 $689,381 +354.1%
    2019$9,127 +268.9%$151,821 +2%
    2018$2,474 $148,845 +2%
    2017$2,474 +1.1%$145,927 +2%
    2016$2,448 +7.7%$143,067 +1.5%
    2015$2,274 +2.9%$140,919 +2%
    2014$2,209 $138,159 +2.5%
    2012-- $134,839 +2%
    2011-- $132,197 +0.8%
    2010-- $131,210 -0.2%
    2009-- $131,522 +2%
    2008-- $128,944 +2%
    2007-- $126,417 +2%
    2006-- $123,939
    2005-- $123,939 +4%
    2004-- $119,128 +1.9%
    2003-- $116,945 +2%
    2002-- $114,653 +4%
    2000-- $110,203
    Find assessor info on the county website

    Neighborhood: Belmont Shore

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,186,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,186,400