5-Unit Multifamily
1042-1048 E Broadway Long Beach, CA 90802
1042-1048 E Broadway, Long Beach, CA, 90802
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For Sale
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Five-unit multifamily building with four two-bedroom units, one one-bedroom unit, and two enclosed garage spaces.
Days on Market87
Property Features for 1042-1048 E Broadway
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Marcus & Millichap - Orange County
(949) 419-3200
Listed by
Christian Tait · License #02111248
Source
Crexi
Added: Apr 27 Updated: Jul 21 at 6:22PM Checked: Jul 21 at 6:22PM
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
Location Intelligence
Current Use by Public Records
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FAQs
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
