1020 East Broadway, Long Beach, CA, 90802
About This Home
Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10,197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1963
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Built-In Range,Electric Range,Gas Range
- Laundry features: Common Area
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 5
Features
- All Bedrooms Down
- Flooring: Wood
- Fireplace features: Bath,Dining Room,Family Room,Kitchen,Library,Living Room,Primary Bedroom
- Fireplace: Yes
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric,Gas
Interior Area
- Total structure area: 3,743
- Total interior livable area: 3,743 sqft
Property
Details
- Parcel number: 7265002024
- Attached to another structure: Yes
- Zoning: LBR4N
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 3,743 sqft
- Features: 2-5 Units/Acre
- Lot size dimensions: 50 x 75
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,147 | $157,764 |
| Home Insurance * | $905 | $10,860 |
| Property Taxes | $2,824 | $33,888 |
| Electricity | $802 | $9,631 |
| Total | $17,678 | $212,136 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Listed for sale | $2,600,000 |
| 2025-02-15 | Listing removed | $3,100 |
| 2024-12-31 | Listed for rent | $3,100 |
| 2024-12-09 | Listing removed | $3,000 |
| 2024-12-06 | Price change | $3,000 |
| 2024-12-02 | Listed for rent | $2,495 |
| 2022-09-29 | Sold | $2,380,000 |
| 2022-06-17 | Sold | $2,075,000 |
| 2022-06-13 | Pending sale | $2,100,000 |
| 2022-05-10 | Listed for sale | $2,100,000 |
| 2020-10-14 | Sold | $1,100,000 |
View on Zillow