1725 E Broadway Long Beach, CA 90802
1725 East Broadway consists of a fourplex and a duplex on a large 8,270-square foot lot; the fourplex faces Broadway, while the duplex faces Appleton Street. The buildings contain a total of six very large one-bedroom loft-style units that average 790 square feet. The units are separately metered for gas and electricity, and three of the units have been upgraded. The property also features a common patio area, large yards, driveway parking, a new roof on the fourplex, and well-maintained plumbing and electrical systems. The property is well-located in Long Beach’s Alamitos Beach neighborhood just one third of a mile from the beach and within easy walking distance of Bixby Park, which features a weekly farmer’s market. This area boasts a walk score of 89, “very walkable” and a bike score of 92, “biker’s paradise.” With its outstanding location in a strong rental market, oversized units, and substantial potential upside in rents, 1725 East Broadway presents an excellent value-add opportunity.
|3 months ago||Listing updated with changes from the MLS|
|3 months ago||Listing first seen online|
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