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1137 E Broadway, Long Beach, CA 90802
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1137 E Broadway Long Beach, CA 90802

$1,245,000 Sold Price as of 05/17/2022
  • 4 Beds
  • 6 Baths
  • 1,976 Sq.Ft.
Sold
$1,245,000 Sold Price as of 05/17/2022 Refinance Your Mortgage
Map preview of 1137 E Broadway, Long Beach, CA 90802

Property Overview: 1137 E Broadway Long Beach, CA has 4 bedrooms, 6 bathrooms, 1,976 living square feet and 3,221 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NEW PRICING - Motivated Seller - Tenants are on month-to-month leases. 1137-1139 E Broadway in "Los Alamitos Beach", Long Beach, CA. Completely remodeled and located a few blocks from the ocean, this luxurious two-unit property features a two-bedroom & three-bathroom unit on the top floor and a two-bedroom & three-bathroom unit at the bottom. 1137 E Broadway has two French doors that open to create an in-and-out atmosphere throughout the bottom unit. 1139 E Broadway has a master Suite featuring a steam room that offers a very spa-looking vibe and a back-patio which gives the unit additional indoor/outdoor space. These two units are separately metered for gas and electricity. With over $4 billion invested into the Port of Long Beach and $1.5 billion in Downtown projects the already well-positioned City of Long Beach offer investors and residents an established market with a fun and exciting future. With the city's focus on economic expansion the revitalized City of Long Beach remains bullish in attracting a new demographic of residents through new business, higher education, quality jobs, and exciting amenities and venues.

Listed by Alex Colombo | BRE #01927702 | Lyon Stahl Investment Real Est
Last checked: 7 minutes ago | Last updated: May 17th, 2022 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
3,221
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22015537
City
Long Beach
County
Los Angeles
Time on Site
857 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,625
  • Total Rent: $2,625
  • Pro Forma/Market Rent: $2,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,100
  • Net Operating Income: $39,199
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $21,038
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $900
  • Insurance: $1,087
  • Water/Sewer: $900

Virtual Tour

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Property Details for 1137 E Broadway

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7275004031
  • Year Built Source: Seller
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: Broadway and Orange Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1137 E Broadway

Last sold for $1,245,000 on May 17th, 2022

  • March, 2022

  • Mar 21, 2022

    Date

    Pending

    CRMLS: PW22015537

    $1,275,000

    Price

  • August, 2015

  • Aug 10, 2015

    Date

    Sold (Public Records)

    Public Records

    $592,000

    Price

  • July, 2006

  • Jul 13, 2006

    Date

    Sold (Public Records)

    Public Records

    $677,000

    Price

Show More

Tax History for 1137 E Broadway

Assessed Value (2020): $735,212
Year Land Value Improved Value Assessed Value
2020 $522,485 $212,727 $735,212

Home Value Compared to the Market

This property vs the competition

1137 E Broadway sold on May 17, 2022 for 55.62% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $630.06 per/sqft which puts the price per square foot 0.31% lower than the current median sale per square foot for the city of Long Beach.

About 1137 E Broadway

Detailed summary of property

1137 E Broadway is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 4 bedrooms, 6 bathrooms, roughly 1,976 living square feet, and sits on an approximately 3,221 square foot lot. 1137 E Broadway was first listed on ArdentRealEstateGroup.com on January 26, 2022. The homeowner sold the property for $1,245,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 55.62% higher than the current median priced home. Local homes that are currently for sale include 2175 Earl Ave, 4110 E Vermont St and 3915 E 11th St. While the average home in Long Beach, CA is selling in 53 days, 1137 E Broadway has a days on market of 53 days. There are currently 654 homes for sale in the Long Beach real estate market and 368 of them are single family homes while 269 of them are condos and 17 are townhomes. For more information on this home for sale at 1137 E Broadway Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1137 E Broadway

Public county record property details
Beds
4
Baths
4
Year built
1920
Sq. Ft.
1,976
Lot Size
3,220
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7275-004-031

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$545,000
Median List Price/Sq.Ft.
$628
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
134
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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