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1513 E Broadway, Long Beach, CA 90802
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1513 E Broadway Long Beach, CA 90802

$1,200,000 Sold Price as of 04/27/2021
  • 6 Beds
  • 6 Baths
  • 2,474 Sq.Ft.
Sold
$1,200,000 Sold Price as of 04/27/2021 Refinance Your Mortgage
Map preview of 1513 E Broadway, Long Beach, CA 90802

Property Overview: 1513 E Broadway Long Beach, CA has 6 bedrooms, 6 bathrooms, 2,474 living square feet and 2,508 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Michael Barber | BRE #01332558 | Coldwell Banker Coastal Alliance
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 116

Home details

Lot Sq. Ft
2,508
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20220991
City
Long Beach
County
Los Angeles
Time on Site
1431 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $94,140
  • Net Operating Income: $86,425
  • Gross Operating Income: --
  • Laundry Income: $480
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $7,715
  • Electric: $3,324
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $1,570
  • Professional Management: $600
  • Water/Sewer: $2,209

Property Details for 1513 E Broadway

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 7275012040
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: 2 Blocks North of Ocean Blvd and East of Falcon Avenue
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1513 E Broadway

Last sold for $1,200,000 on April 27th, 2021

  • April, 2021

  • Apr 30, 2021

    Date

    Sold

    CRMLS: PW20220991

    $1,200,000

    Price

  • Mar 19, 2021

    Date

    Active Under Contract

    CRMLS: PW20220991

    $1,225,000

    Price

  • Oct 20, 2020

    Date

    Active

    CRMLS: PW20220991

    $1,225,000

    Price

  • October, 2020

  • Oct 14, 2020

    Date

    Expired

    CRMLS: PW20013709

    $1,250,000

    Price

  • May 3, 2020

    Date

    Price Change

    CRMLS: PW20013709

    $1,250,000

    Price

  • Apr 7, 2020

    Date

    Price Change

    CRMLS: PW20013709

    $1,295,000

    Price

  • Apr 1, 2020

    Date

    Active

    CRMLS: PW20013709

    $1,350,000

    Price

  • Mar 20, 2020

    Date

    Withdrawn

    CRMLS: PW20013709

    $1,350,000

    Price

  • Jan 21, 2020

    Date

    Active

    CRMLS: PW20013709

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location, this 5 Plex is right on the Broadway Corridor, and is only 3 short blocks to the ocean, a short stroll to Bixby Park and dog park, and is also close to Belmont Shore, Thriving Downtown, East Arts Village, and easy walking to entertainment, restaurants, shopping and more. This 1914 building is loaded with charm and character and consists of 1-2 bed 2 bath (very lofty NY style) and 4-1 bedrooms, all units have been tastefully redone including wood look flooring, all baths and kitchens have been redone, designer paint. Many major upgrades to the exterior, including foundation work, double pane windows, all new roof, and exterior paint. The Broadway Corridor just completed multi-million dollar new street upgrade, with bike paths. All great tenants and seldom a vacancy makes this a great investment. One of the units is easy to show.

  • January, 2020

  • Jan 20, 2020

    Date

    Canceled

    CRMLS: PW19240983

    $1,350,000

    Price

  • Oct 11, 2019

    Date

    Active

    CRMLS: PW19240983

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location, this 5 Plex is right on the Broadway Corridor, and is only 3 short blocks to the ocean, a short stroll to Bixby Park and dog park, and is also close to Belmont Shore, Thriving Downtown, East Arts Village, and easy walking to entertainment, restaurants, shopping and more. This 1914 building is loaded with charm and character and consists of 1-2 bed 2 bath (very lofty NY style) and 4-1 bedrooms, all units have been tastefully redone including wood look flooring, all baths and kitchens have been redone, designer paint. Many major upgrades to the exterior, including foundation work, double pane windows, all new roof, and exterior paint. The Broadway Corridor just completed an all new street design, with bike paths, this was a multi million dollar project. All great tenants and seldom a vacancy (last vacancy rented in 1 day) makes this a great investment.

  • December, 2010

  • Dec 14, 2010

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

  • July, 2010

  • Jul 20, 2010

    Date

    Sold (Public Records)

    Public Records

    $607,853

    Price

Show More

Tax History for 1513 E Broadway

Assessed Value (2020): $387,280
Year Land Value Improved Value Assessed Value
2020 $152,289 $234,991 $387,280

Home Value Compared to the Market

This property vs the competition

1513 E Broadway sold on April 27, 2021 for 49.57% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $495.15 per/sqft which puts the price per square foot 21.15% lower than the current median sale per square foot for the city of Long Beach.

About 1513 E Broadway

Detailed summary of property

1513 E Broadway is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 2,474 living square feet, and sits on an approximately 2,508 square foot lot. 1513 E Broadway was first listed on ArdentRealEstateGroup.com on October 20, 2020. The homeowner sold the property for $1,200,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 49.57% higher than the current median priced home. Local homes that are currently for sale include 777 Obispo Ave, 1509 N Stanton Pl and 251 Loma Ave. While the average home in Long Beach, CA is selling in 62 days, 1513 E Broadway has a days on market of 116 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1513 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 1513 E Broadway

Public county record property details
Beds
5
Baths
6
Year built
1914
Sq. Ft.
2,660
Lot Size
2,471
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7275-012-040

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
$569,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
173
Median Sale to List Price %
100.39%
Avg Days on Market
43
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

Thinking of Selling?

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(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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