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1630 E Broadway, Long Beach, CA 90802
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1630 E Broadway Long Beach, CA 90802

$2,560,000 Sold Price as of 03/02/2022
  • 64 Beds
  • 64 Baths
  • 9,180 Sq.Ft.
Sold
$2,560,000 Sold Price as of 03/02/2022 Refinance Your Mortgage
Map preview of 1630 E Broadway, Long Beach, CA 90802

Property Overview: 1630 E Broadway Long Beach, CA has 64 bedrooms, 64 bathrooms, 9,180 living square feet and 3,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Broadway Lofts is an 8-unit building located blocks from the ocean in Alamitos Beach. The two-story building with subterranean parking is situated on a corner lot. Location affords an investory to attract tenants that may be employed in downtown Long Beach, but want to live close to the beach and the 2nd street shops of Belmont Shores. The Broadway Lofts features 7 one-bedroom units and one studio. All of the units have concrete or hardwood floors. The units are bright and select units have beautiful cathedral windows, feux fireplaces and offer plenty of old world charm. The property has 9 separate meters (both gas and electric) and laundry facility on-site.

Listed by Steve Notaro | BRE #00910114 | Decoma Industries
Last checked: 12 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
3,375
HOA Dues
$0/mo
Year built
1929
Garage
7 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21269527
City
Long Beach
County
Los Angeles
Time on Site
996 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 8
  • # of Baths: 8
  • Garage Spaces: 7
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $153,000
  • Total Rent: $153,000
  • Pro Forma/Market Rent: $168,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $153,000
  • Net Operating Income: $123,000
  • Gross Operating Income: --
  • Laundry Income: $1,050
Annual Expense Breakdown
  • Total Operating Expense: $30,000
  • Electric: $500
  • Gas/Fuel: $2,000
  • Licenses: $1,200
  • Trash: $1,000
  • Insurance: $3,500
  • Maintenance: $9,600
  • Professional Management: $8,000
  • Water/Sewer: $2,000

Property Details for 1630 E Broadway

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Upper Level, Washer Hookup, Washer Included
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 7265013033
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: 4 blocks from Ocean Boulevard on Broadway and Gaviota
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1630 E Broadway

Last leased for $2,050 on March 29th, 2024

  • March, 2024

  • Mar 29, 2024

    Date

    Leased

    CRMLS: PW24045347

    $2,050

    Price

  • Mar 5, 2024

    Date

    Active

    CRMLS: PW24045347

    $2,050

    Price

  • Listing provided courtesy of CRMLS

    Top floor apartment with a small balcony and a parking space! This gorgeous apartment offers a comfortable layout with plenty of natural light. Location is walking distance to the beach, restaurants, bars and coffeeshops. The apartment comes with an assigned parking space in the subterranean garage and a deep storage cabinet. Laundry facility is available in the building. Rent includes water, hot water and trash. No pet allowed.

  • February, 2023

  • Feb 14, 2023

    Date

    Leased

    CRMLS: PW23008117

    $2,050

    Price

  • Jan 16, 2023

    Date

    Active

    CRMLS: PW23008117

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Top floor apartment with assigned parking in a highly walkable and fun location! This gorgeous apartment offers a comfortable layout with plenty of natural light. Location is walking distance to the beach, restaurants, bars and coffeeshops. The apartment comes with an assigned parking space in the subterranean garage and a deep storage cabinet. Laundry facility is available in the building. Rent includes water, hot water and trash. No pet allowed.

  • March, 2022

  • Mar 2, 2022

    Date

    Sold

    CRMLS: SB21269527

    $2,560,000

    Price

  • Dec 29, 2021

    Date

    Active

    CRMLS: SB21269527

    $2,487,000

    Price

  • December, 2011

  • Dec 29, 2011

    Date

    Sold (Public Records)

    Public Records

    $825,000

    Price

  • December, 1995

  • Dec 13, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1630 E Broadway

Assessed Value (2020): $948,368
Year Land Value Improved Value Assessed Value
2020 $344,548 $603,820 $948,368

Home Value Compared to the Market

This property vs the competition

1630 E Broadway sold on March 2, 2022 for 203.66% 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 $270.92 per/sqft which puts the price per square foot 56.86% lower than the current median sale per square foot for the city of Long Beach.

About 1630 E Broadway

Detailed summary of property

1630 E Broadway is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 64 bedrooms, 64 bathrooms, roughly 9,180 living square feet, and sits on an approximately 3,375 square foot lot. 1630 E Broadway was first listed on ArdentRealEstateGroup.com on December 29, 2021. The homeowner sold the property for $2,560,000. 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 203.66% higher than the current median priced home. Local homes that are currently for sale include 733 Daisy Ave, 1700 Pacific Ave and 1102 Termino Ave. While the average home in Long Beach, CA is selling in 62 days, 1630 E Broadway has a days on market of 13 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 1630 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 1630 E Broadway

Public county record property details
Beds
7
Baths
8
Year built
1929
Sq. Ft.
5,796
Lot Size
3,368
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
7265-013-033

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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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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