Multifamily

1137 E Broadway, Long Beach, CA 90802

$1,275,000

2

Number of Units

3.07

%
Cap Rate

1920

Year Built
Listing Agent

Alexandro Colombo

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Blocks away from the Ocean - Renovated and Stabilized Duplex

The Colombo Group of Lyon Stahl is pleased to present 1137-1139 E Broadway in "Los Alamitos Beach", Long Beach, CA.​ Completely remodeled and located a few blocks from the ocean, this luxurious two-unit property features a two-bedroom & three-bathroom unit on the top floor and a two-bedroom & three-bathroom unit at the bottom.​ 1137 E Broadway has two French doors that open to create an in-and-out atmosphere throughout the bottom unit.​ 1139 E Broadway has a master Suite featuring a steam room that offers a very spa-looking vibe and a back-patio which gives the unit additional indoor/outdoor space.​ Tenants are on month-to-month leases, and these two units are separately metered for gas and electricity.​ With over $4 billion invested into the Port of Long Beach and $1.5 billion in Downtown projects the already well-positioned City of Long Beach offer investors and residents an established market with a fun and exciting future.​ With the city's focus on economic expansion the revitalized City of Long Beach remains bullish in attracting a new demographic of residents through new business, higher education, quality jobs, and exciting amenities and venues.​

Offering Memorandum
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Listing Agent

Alexandro Colombo

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