5-Unit Multifamily
For Sale
Contact for pricing
1042-1048 E Broadway, Long Beach, CA 90802
Five-unit multifamily building with four two-bedroom units, one one-bedroom unit, and two enclosed garage spaces.
Property SizeContact for details
Days on Market144
Property Features for 1042-1048 E Broadway
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
Assessor
Additional Details
Multifamily Units
5
Building Details
Buildings
2
Units
5
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Christian Tait · License #02111248
(949) 419-3282
Source:
Crexi
Added: Apr 27
Changed: Sep 17
Last Checked: Sep 16 at 4:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
1042–1048 East Broadway is a 5-unit multifamily property featuring a well-balanced mix of four two-bedroom, one-bath units and one one-bedroom, one-bath unit. The building includes two enclosed garage spaces, an amenity designed to support parking in a dense urban setting. Ownership has completed approximately $60,000 in recent capital improvements, including roof replacements on both buildings in 2025, exterior painting in 2024, upgraded water heaters with two tankless systems in 2022, and a renovated kitchen in Unit 1042.
Unit 1042 renovation details include tile and wood flooring, granite countertops, shaker-style cabinetry, and updated fixtures. The property is located in the Alamitos Beach neighborhood of Long Beach, with proximity to the Long Beach shoreline, Downtown Long Beach, and the East Village Arts District. Residents also have convenient access to Retro Row along East 4th Street.
Overall, the asset combines a diversified unit mix with documented recent exterior and systems work, plus an updated unit finish that reflects the effect of interior improvements on leasing performance.
Unit 1042 renovation details include tile and wood flooring, granite countertops, shaker-style cabinetry, and updated fixtures. The property is located in the Alamitos Beach neighborhood of Long Beach, with proximity to the Long Beach shoreline, Downtown Long Beach, and the East Village Arts District. Residents also have convenient access to Retro Row along East 4th Street.
Overall, the asset combines a diversified unit mix with documented recent exterior and systems work, plus an updated unit finish that reflects the effect of interior improvements on leasing performance.
Key Highlights
- 5‑unit multifamily at 1042–1048 E Broadway with 4 two‑bed/1‑bath units and 1 one‑bed/1‑bath unit
- 2 enclosed garage spaces, an added parking amenity in a dense neighborhood
- Capital improvements include roof replacements on both buildings in 2025 and exterior painting in 2024
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,157
Businesses Nearby
Explore this area
Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily building with four two-bedroom units, one one-bedroom unit, and two enclosed garage spaces.
Where is this apartment building located?
The property is located at 1042-1048 E Broadway Long Beach, CA.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: 5‑unit multifamily at 1042–1048 E Broadway with 4 two‑bed/1‑bath units and 1 one‑bed/1‑bath unit; 2 enclosed garage spaces, an added parking amenity in a dense neighborhood; Capital improvements include roof replacements on both buildings in 2025 and exterior painting in 2024
