Property Description

Stunning, remodeled 5-unit apartment building, with ocean views, located just minutes from the beach in Belmont Heights, one of Long Beach’s most desirable neighborhoods. This turn-key gem has top-of-the-market rents and zero deferred maintenance, making it an ideal opportunity for any investor or exchange buyer looking for great cash flow and extremely low maintenance. With 4,300 SqFt of rentable space, 4603 E Broadway is comprised of (5) oversized 1Bed/1Bath units, averaging 900 sqft each. All units have been tastefully remodeled, featuring hardwood floors, new cabinets, brand-new stainless steel appliances, and W/D in unit. 4603 E Broadway also features 3 garage parking spots, a rare commodity in the city of Long Beach. Beneficial to the new owner, each unit is separately metered for gas and electricity. Located in beautiful Belmont Heights, one of Long Beach’s Top Rental Markets, 4603 E Broadway is just steps away from 2nd St, an area featuring many hip restaurants, bars, and shopping. The upside in the Long Beach market is limitless, with $6 Billion in new capital pouring into projects such as the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.