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$1,375,000
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Property 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.
Full Property Details
Full Property Details for 1513 E Broadway
General
- Sold For: $1,375,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26075231
- Added to Site: 100 day(s) ago
Rooms
Other Rooms
- Laundry: Washer Hookup, See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: None
- Parking: None
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: E Broadway & Falcon Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: E Broadway
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,660
- Year Built: 1914
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.0576
- Lot Size Source: Public Records
- Lot Description: 0-1 Unit/Acre, Near Public Transit, Park Nearby
Financial Considerations
- Price Per Sq. Ft.: $516.92
- Price Per Unit: 279000
Listed by Buckingham Investments, Inc, Christopher Crosby
Sold by None MRML, NONE NONE
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Schools
Schools serving 1513 E Broadway
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Burbank Elementary School, Long Beach, CA 501 Junipero Avenue, Long Beach, CA 90814 | K-5 | 0.6 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.5 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1513 E Broadway
Date
Details
Price
Change
Source
6/01/2026
Sold
$1,375,000
-1.43%
MLS
4/08/2026
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1513 E Broadway, Long Beach, CA 90802 (MLS# SB26075231) is a Multi-Family property that was sold at $1,375,000 on June 01, 2026. Want to learn more about 1513 E Broadway? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

