$1,999,000
4124 E Broadway, Long Beach CA 90803
Multi-Family (Fourplex)
Property type
45 days
On market
$758
Price per sqft
2 cars
Garage
1956
Year built
7,130 sqft
Lot size
Home highlights
Open Houses
Overview
4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix...
Listing provided by: Marie Morgenstern DRE #01962710, Berkshire Hathaway HomeService
Listing updated: Apr 26, 2026 at 06:33am.
Last checked: Jun 5, 2026 at 05:01pm
Source: CRMLS #PV26079470
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $3,775 | $3,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,350 | $0 | $1,400 | Unfurnished |
| 1 | 2 | 1 | — | $2,275 | $0 | $2,300 | Unfurnished |
| 1 | 1 | 1 | — | $2,376 | $0 | $2,400 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Dishwasher: 4
Ranges: 4
Refrigerator: 4
Rent Control: No
Units Leased: 3
Total Actual Rent: $6,000
Tenant Pays: All Utilities, Cable Tv, Electricity, Gas, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
16.3x
List Price / Annual Gross Rent
Cap Rate
5.4%
NOI / List Price
Gross Scheduled Income: $122,870
Operating Expense: $18,232
Net Operating Income: $104,637
Annual Operating Expenses
Cable TV: $0
Electric: $2,891
Furniture Replacement: $0
Gardener: $1,560
Fuel: $0
Insurance: $4,005
Licenses: $0
Maintenance: $7,433
New Taxes: $0
Pest Control: $0
Pool: $0
Professional Management: $0
Supplies: $2,434
Trash: $1,883
Water / Sewer: $1,883
Workers Comp: $0
Other Expense: $149
Interior
Interior Features: Ceiling Fans, Unfurnished, Main Floor Bedroom, Galley Kitchen
Room Type: Bedroom, Entry Foyer, Family Room, Kitchen, Laundry, Living Room
Flooring: Laminate, Tile, Wood
Cooling: None
Heating: Wall Furnace
Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
Fireplace: Living Room
Laundry: Common Area, Laundry Room, Outside, Dryer Included, Washer Included
Entry Location: 5
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Construction Materials: Concrete, Stucco
Common Walls: One Common Wall, End Unit
Lot Features: Two To Five Units Acre, Back Yard, Corner Lot, Front Yard, Lawn, Yard
Pool: None
Spa: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: City Lights, Neighborhood
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Concrete, Door Multi, Driveway Level, Driveway, Garage, Paved, On Street
Garage Spaces: 2
Uncovered Spaces: 2
Carport Spaces: 0
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7256012010
Additional Parcels: No
Tax Lot: 8
Tax Block: A
Subdivision: Belmont Heights (BH)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 4124 E Broadway, Long Beach, CA 90803. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,599,200
Total Interest
$2,039,691
Total Payment
$3,638,891
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,340
per month
Property History for 4124 E Broadway
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90803.
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