For sale · Active

1020 E Broadway

Long Beach, CA 90802

$2,500,000
Lot size0.0859 acres
Property typeApartment
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Listing broker / agent: Person Realty Inc. · Makoto Ozaki · 949-662-8805 · CRMLS

MLS # SB26155227 · Last checked Oct 19, 2026 21:00 UTC

About this property

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.

Property details

MLS number
SB26155227
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.0859 acres
County
Los Angeles
Year built
1963
Stories
2
More property detailsExpandCollapse

Listing

Days on market
75

Building

Year built
1963
Year built source
Public Records
Stories
2
Building stories
2
Levels
Two
Entry level
1

Rooms & interior

Rooms
Bedroom
Appliances
Built In Range, Electric Range, Gas Range
Interior features
All Bedrooms Down
Flooring
Wood
Heating
Electric
Cooling
Electric, Gas
Fireplace
Bath, Dining Room, Family Room, Kitchen, Library, Living Room, Primary Bedroom
Laundry
Common Area

Exterior & parking

Total parking spaces
3
Garage spaces
3
Pool
None
Spa
None
Lot features
Two To Five Units Acre
Lot size source
Assessor
Property outlook
Neighborhood

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available, Sewer Available
Community features
Urban
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Franklin Classical Middle Long Beach Unified · Long Beach 6–8 0.4 mi
Stevenson Elementary Long Beach Unified · Long Beach K–5 0.4 mi
Jenny Oropeza Elementary Long Beach Unified · Long Beach K–5 0.8 mi
Renaissance High School for the Arts Long Beach Unified · Long Beach 9–12 0.8 mi
Lincoln Elementary Long Beach Unified · Long Beach K–5 0.9 mi
Burbank Elementary Long Beach Unified · Long Beach K–5 0.9 mi
Clear Passage Educational Center (school website, opens in a new tab) Long Beach Unified · Long Beach 9–12 1.1 mi
Chavez Elementary (school website, opens in a new tab) Long Beach Unified · Long Beach K–5 1.2 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$2,500,000
MLS-reported original asking price
$2,600,000
MLS-reported previous asking price
$2,550,000
MLS-reported last price change
2026-09-28 22:27 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:35$2,500,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

MLS-reported annual tax (2025)
$32,388
Tax-year amounts collected from the MLS feed
Tax yearAnnual taxObserved (UTC)
2025$32,388Oct 2, 2026 10:46

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Long Beach

Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings596Current authorized inventory
Median asking price$719,500596 listings with a valid price
Median asking price / sq ft$618.96567 listings with confirmed sq ft
Median days on market31596 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction103
Listings with an increase3

104 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 21:33 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.