Homes For Sale In California

$1,997,000
9,143 Sqft Lot
Visits : 5 In 39 Days

5220 E Broadway, Long Beach, California 90803

  • Residential Income Property Type
  • 22 Days Time On Market
  • 4 Cars Garage
  • 1943 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
PW24057750
$1,997,000
1943
9,143 Sqft
Activeundercontract
Quadruplex
Features
: Wall Furnace, Floor Furnace
: Chain Link
: Neighborhood
: Living Room
: 4
: Gas Oven, Water Heater, Gas Cooktop
: Traditional
: Sidewalks, Dogpark
: Garage, Garage Faces Rear, On Site
$0
: Shingle
: Public Sewer
Address Map
California
Los Angeles
Long Beach
90803
5220 E Broadway
0
W119° 52' 4.4''
N33° 45' 50.2''
Additional Info
$0
2,876 Sqft
$0
124
22
$51
: Carpet, See Remarks
4
: Front Yard, Irregular Lot, Lawn, Corner Lot
$0
7249012004
: Standard
2
Belmont Park (BP)
$0
: Electricity Connected
LBR1S
$0
No
No
No
No
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