4124 E Broadway

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4124 E Broadway

Long Beach, CA 90803
Asking Price
$2.00M
Cap Rate
5.4%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Long Beach California
  • Four-unit residential property available for investment purchase
  • Offering price set at one million nine hundred ninety-nine thousand
  • Asset currently demonstrates a cap rate of 5.4 percent
  • Positioned in a dense urban market with consistent demand

What's Special

Investors seeking to bolster their multifamily portfolio will find this four-unit apartment building at 4124 E Broadway a stable addition in the Long Beach market. Situated in a coastal California setting, the property provides steady residential rental potential within a dense urban environment known for consistent tenant demand. The building functions as an efficient asset for operators aiming to capture yield in a supply-constrained region where proximity to both the ocean and regional transit hubs remains a high priority for residents. Long Beach continues to serve as a major economic driver within the Los Angeles metropolitan area, supported by its international port operations and growing professional workforce. This asset offers a clear value proposition for those prioritizing long-term income stability and steady occupancy rates. Current market fundamentals in this submarket favor multi-family investments, providing a reliable foundation for asset management and potential appreciation in one of the most established corridors of the region.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.45%
Monthly Payment
$9,889.961
Annual Cash Flow
$-38,679.536

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