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3701 E Broadway, Long Beach, CA 90803
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3701 E Broadway Long Beach, CA 90803

$2,249,000
  • 6 Beds
  • 6 Baths
  • 3,898 Sq.Ft.
For Sale
$2,249,000 Get Pre-Qualified
Map preview of 3701 E Broadway, Long Beach, CA 90803

Property Overview: 3701 E Broadway Long Beach, CA has 6 bedrooms, 6 bathrooms, 3,898 living square feet and 6,509 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are proud to present 3701 E. Broadway to the market! This spectacular Belmont Heights 4plex is located on the corner of Euclud and Broadway. Just a short stroll to the Ocean, Belmont Shore, wonderful local restaurants, shopping, incredible schools, parks and much more! The asset is comprised of two completely detached buildings (two duplexes) with an unbeatable unit mix (1. 3bd x 2bth - 1. 2bd x 2bth - 1. 1bd x 1bth - 1. Studio) Situated on a large rectangular (6,509 SF) lot, both buildings are strategically positioned maximizing yard space. Building 1; town-home style living at its best, each unit is two story and has its own laundry, yard space, one garage with one additional parking space. Building 2; units are located above the garages, share a rear yard and laundry, each have their own garage and additional parking space. A prime asset to add an ADU. The current owner will provide all approved ADU plans to prospective buyer/s on acceptance. 4plex buildings are arguably the most sought after asset on the market today, this one won’t last long!

Listed by Cameron Jacques | BRE #01852032 | Kinnery's Brokerage House
Last checked: 48 seconds ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 1
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Home details

Lot Sq. Ft
6,509
HOA Dues
$0/mo
Year built
1920
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24085860
City
Long Beach
County
Los Angeles
Time on Site
1 day
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,950
  • Total Rent: $47,400
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $29,316
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,949
  • Total Rent: $23,388
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $22,800
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $125,388
  • Net Operating Income: $83,729
  • Gross Operating Income: $122,880
  • Vacancy Allowance: $2,508
Annual Expense Breakdown
  • Total Operating Expense: $39,151
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 3701 E Broadway

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Property Details for 3701 E Broadway

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7255010013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Corner of Broadway Blvd & Euclid Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Watersports, Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 3701 E Broadway

Last sold for $1,875,000 on August 17th, 2021

  • April, 2024

  • Apr 30, 2024

    Date

    Active

    CRMLS: PW24085860

    $2,249,000

    Price

  • April, 2024

  • Apr 29, 2024

    Date

    Canceled

    CRMLS: PW24028013

    $2,295,000

    Price

  • Feb 9, 2024

    Date

    Active

    CRMLS: PW24028013

    $2,295,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2023

  • Oct 16, 2023

    Date

    Canceled

    CRMLS: PW23164657

    $2,395,000

    Price

  • Sep 2, 2023

    Date

    Active

    CRMLS: PW23164657

    $2,395,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2023

  • Aug 31, 2023

    Date

    Canceled

    CRMLS: PW23084150

    $2,395,000

    Price

  • May 16, 2023

    Date

    Active

    CRMLS: PW23084150

    $2,550,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2023

  • Mar 18, 2023

    Date

    Expired

    CRMLS: PW23008628

    $2,550,000

    Price

  • Jan 18, 2023

    Date

    Active

    CRMLS: PW23008628

    $2,550,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present 3701 E. Broadway to the market! This spectacular Belmont Heights 4plex is located on the corner of Euclud and Broadway. Just a short stroll to the Ocean, Belmont Shore, wonderful local restaurants, shopping, incredible schools, parks and much more! The asset is comprised of two completely detached buildings (two duplexes) with an unbeatable unit mix (1. 3bd x 2bth - 1. 2bd x 2bth - 1. 1bd x 1bth - 1. Studio) Situated on a large rectangular (6,509 SF) lot, both buildings are strategically positioned maximizing yard space. Building 1; town-home style living at its best, each unit is two story and has its own laundry, yard space, one garage with one additional parking space. Building 2; units are located above the garages, share a rear yard and laundry, each have their own garage and additional parking space. A prime asset to add an ADU. The current owner will provide all ADU plans to prospective buyer/s on acceptance. 4plex buildings are arguably the most sought after asset on the market today, this one won’t last long!

  • September, 2022

  • Sep 29, 2022

    Date

    Canceled

    CRMLS: PW22141178

    $2,525,000

    Price

  • Jul 6, 2022

    Date

    Active

    CRMLS: PW22141178

    $2,595,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present 3701 E. Broadway to the market! This spectacular Belmont Heights 4plex is located on the corner of Euclud and Broadway. Just a short stroll to the Ocean, Belmont Shore, wonderful local restaurants, shopping, incredible schools, parks and much more! The asset is comprised of two completely detached buildings (two duplexes) with an unbeatable unit mix (1. 3bd x 2bth - 1. 2bd x 2bth - 1. 1bd x 1bth - 1. Studio) Situated on a large rectangular (6,509 SF) lot, both buildings are strategically positioned maximizing yard space. Building 1; town-home style living at its best, each unit is two story and has its own laundry, yard space, one garage with one additional parking space. Building 2; units are located above the garages, share a rear yard and laundry, each have their own garage and additional parking space. A prime asset to add an ADU. The current owner will provide all ADU plans to prospective buyer/s on acceptance. 4plex buildings are arguably the most sought after asset on the market today, this one won’t last long!

  • September, 2022

  • Sep 29, 2022

    Date

    Canceled

    CRMLS: PW22148759

    $2,595,000

    Price

  • Jul 7, 2022

    Date

    Active

    CRMLS: PW22148759

    $2,595,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present 3701 E. Broadway to the market! This spectacular Belmont Heights “4plex” is being marked to residential investors looking to personally live in this incredible asset whilst receiving rental income to support PITI. The owner’s unit, the largest of the four units (located on the cnr of Euclid & Broadway) is townhome style living at it’s best!! This nicely updated two story unit is approximately 1500 SF, has 3 large bedrooms with 2 bathrooms. Just a short stroll to the Ocean, Belmont Shore, wonderful local restaurants, shopping, incredible schools, parks and much more! The asset is comprised of two completely detached buildings (two duplexes) with an unbeatable unit mix (1. ‘owner’s unit’ 3bd x 2bth - 1. 2bd x 2bth - 1. 1bd x 1bth - 1. Studio) Situated on a large rectangular (6,509 SF) lot, both buildings are strategically positioned in a way that maximizes yard space. Building 1. each unit is two story and has its own laundry, yard space, one garage with one additional parking space. Building 2. units are located above the garages, share a rear yard and laundry, each have their own garage and tandem parking spaces. A prime asset to add an ADU. The current owner would be more than happy to provide all ADU plans to any prospective buyer.

  • August, 2021

  • Aug 19, 2021

    Date

    Sold

    CRMLS: PW21147483

    $1,875,000

    Price

  • Jul 14, 2021

    Date

    Active Under Contract

    CRMLS: PW21147483

    $1,895,000

    Price

  • Jul 8, 2021

    Date

    Active

    CRMLS: PW21147483

    $1,895,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Long Beach Location. Excellent opportunity to invest in a four unit property just blocks from the beach. Walking distance to trendy restaurants, bars, and shopping. With a great unit mix comprised of a 3 bedroom 2 bath unit, a 2 bedroom 2 bath unit, a 1 bedroom 1 bath unit, and 1 studio unit with a an approximate total building square footage of 3,898 SF on a 6,509 Sf lot. Upside on the current rents for a new owner, 4 garages and separately metered for electric and gas. Investors have an opportunity to add value to this great property located in the prime Belmont Heights area of Long Beach.

  • April, 2003

  • Apr 11, 2003

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • June, 1995

  • Jun 7, 1995

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

Show More

Tax History for 3701 E Broadway

Assessed Value (2020): $927,289
Year Land Value Improved Value Assessed Value
2020 $662,153 $265,136 $927,289

Home Value Compared to the Market

This property vs the competition

3701 E Broadway is listed 181.16% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $637 and this home is listed at $576.96 per/sqft which puts the price per square foot 9.43% lower than the median price per square foot for the city of Long Beach.

About 3701 E Broadway

Detailed summary of property

3701 E Broadway is a fourplex located in Long Beach, CA 90803 and is currently for sale. This fourplex offers 6 bedrooms, 6 bathrooms, roughly 3,898 living square feet, and sits on an approximately 6,509 square foot lot. 3701 E Broadway was first listed on ArdentRealEstateGroup.com on April 30, 2024. The homeowner is currently asking $2,249,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $637. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 181.16% higher than the median priced home. Local competing homes currently for sale include 268 Park Avenue, 830 Roswell Ave and 1102 Termino Ave. While the average home in Long Beach, CA is selling in 54 days, 3701 E Broadway has a days on market of 1 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 3701 E Broadway Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3701 E Broadway

Public county record property details
Beds
5
Baths
3
Year built
1920
Sq. Ft.
3,898
Lot Size
6,509
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7255-010-013

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,479,000
Median List Price/Sq.Ft.
$803
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$708
Total Inventory
95
Median Sale to List Price %
98.87%
Avg Days on Market
44
Loan Type
Conventional (45.83%), FHA (0%), VA (4.17%), Cash (33.33%), Other (16.67%)

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Homes for Sale Near 3701 E Broadway

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Recently Sold Homes Near 3701 E Broadway

229 Euclid Ave, Long Beach, CA 90803
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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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