About 1513 E Broadway
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.
Features of 1513 E Broadway
| MLS® # | SB26075231 |
|---|---|
| Price | $1,395,000 |
| Sold Price | $1,375,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Lot Sqft | 2,508 |
| Acres | 0.06 |
| Year Built | 1914 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Closed |
| # Of Units | 5 |
Community Information
| Address | 1513 E Broadway |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| Subdivision | Alamitos Beach (AB) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90802 |
Amenities
| Utilities | See Remarks |
|---|---|
| Parking | None |
| Garages | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | ZeroToOneUnitAcre, Near Park, Near Public Transit |
|---|
Additional Information
| Date Listed | April 7th, 2026 |
|---|---|
| Date Sold | June 1st, 2026 |
| Days on Market | 32 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Christopher Crosby |
|---|---|
| Office | Buckingham Investments, Inc |