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.
AGENT: Christopher Crosby LISTING BROKERAGE: Buckingham Investments, Inc
Courtesy of Buckingham Investments, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1513 E Broadway
Long Beach, CA
Property Details
Price:
$1,395,000
MLS #:
SB26075231
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Apr 8, 2026
Total Sq Ft:
2,660
Lot Size:
2,508 sqft / 0.06 acres (approx)
Year Built:
1914
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeachAlamitos Beach Ab
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Schools
Interior
Laundry Features
SEE, WH
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW, SL, CRB, PARK, BIKI, DGP
Spa Features
NO
Financial
Net Operating Income
$71,332
Map
Community
- Address1513 E Broadway Long Beach CA
- SubdivisionAlamitos Beach (AB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
