# 4124 E Broadway, Long Beach, CA 90803 > **TL;DR:** 6bd/4ba multi-family, $1,899,000, built 1956. > Fireplace, View, 2-car garage. Est. $10,156/mo. Listed 189 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,899,000 | | Bedrooms | 6 | | Bathrooms | 4 full | | Year Built | 1956 | | Lot Size | 7,131 sqft (0.16 acres) | | Stories | 2 | | Garage | 2-car | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 189 | ## Why This Home Stands Out - **Views** - City ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $9,602 | | Estimated Insurance | $554 | | **Total** | **$10,156** | ## Key Amenities - Fireplace - View - 2-car garage ## Property Highlights - Built in 1956 - 0.16 acre lot - 2 stories - 4 parking spaces - Fireplace ## Description ### Agent Description 4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix that supports durable tenant demand across multiple renter profiles.The property generates approximately $ 9,775 in monthly gross income ( $117,300 annually), equating to a 5.4% current cap rate. With demonstrated rental upside and below-market in-place rents, investors can expect an even greater cap rate with strategic interior upgrades, unit turns, and alignment to prevailing market rents. The partially renovated studio unit provides an immediate value-add component, reducing initial capital outlay while illustrating achievable rent premiums. This offering represents a compelling blend of stable cash flow and operational upside, supported by strong underlying fundamentals in a supply-constrained coastal submarket. Belmont Shore/Belmont Heights continues to exhibit high occupancy levels and resilient rent growth due to limited new multifamily development, coastal zoning restrictions, and sustained lifestyle-driven demand. Additional amenities include two single-car garages, two driveway parking spaces, on-site community laundry, and a generously sized communal backyard that enhances tenant livability and retention. Notably, additionally two units feature private outdoor spaces-an increasingly scarce amenity that supports rent growth and tenant stability. Located just blocks from the Pacific Ocean and within close proximity to Alamitos Bay Beach, Bluff Park, and the vibrant retail and dining corridor along 2nd Street, the property benefits from exceptional walkability and a premier coastal lifestyle. This irreplaceable location serves as a natural hedge against market volatility, reinforcing long-term appreciation potential. With in-place income, identifiable value-add potential, and positioning within one of Long Beach's most sought-after rental corridors, 4124 E Broadway offers investors a rare opportunity to acquire a defensible coastal asset with both yield and growth characteristics. Buyers are advised to conduct their own due diligence regarding rent control regulations, permitting, and market rent assumptions. ## Location - **Address:** 4124 E Broadway, Long Beach, CA 90803 - **County:** Los Angeles - **Neighborhood:** Belmont Heights (BH) ## Listing Agent - **Name:** Marie Morgenstern · **License:** 01962710 - **Brokerage:** Berkshire Hathaway HomeServices California Properties - **Broker Phone:** (310) 373-0021 ## Photos ![4124 E Broadway - Photo 1](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2587028742r.jpg) ![4124 E Broadway - Photo 2](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f226553449r.jpg) ![4124 E Broadway - Photo 3](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f52411422r.jpg) ![4124 E Broadway - Photo 4](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f840204508r.jpg) ![4124 E Broadway - Photo 5](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f4168126812r.jpg) ![4124 E Broadway - Photo 6](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f1327081632r.jpg) ![4124 E Broadway - Photo 7](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f4179613018r.jpg) ![4124 E Broadway - Photo 8](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f1998318142r.jpg) ![4124 E Broadway - Photo 9](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f41018752r.jpg) ![4124 E Broadway - Photo 10](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2085925303r.jpg) ![4124 E Broadway - Photo 11](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3121554056r.jpg) ![4124 E Broadway - Photo 12](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3405459786r.jpg) ![4124 E Broadway - Photo 13](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2777036626r.jpg) ![4124 E Broadway - Photo 14](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3842654670r.jpg) ![4124 E Broadway - Photo 15](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f4127221647r.jpg) ![4124 E Broadway - Photo 16](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3464036305r.jpg) ![4124 E Broadway - Photo 17](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2425006300r.jpg) ![4124 E Broadway - Photo 18](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3789669212r.jpg) ![4124 E Broadway - Photo 19](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f1638758455r.jpg) ![4124 E Broadway - Photo 20](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3781507009r.jpg) ![4124 E Broadway - Photo 21](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3986583734r.jpg) ![4124 E Broadway - Photo 22](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2565227737r.jpg) ![4124 E Broadway - Photo 23](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3829425837r.jpg) ![4124 E Broadway - Photo 24](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3810979009r.jpg) ![4124 E Broadway - Photo 25](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f998877096r.jpg) ![4124 E Broadway - Photo 26](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f192795024r.jpg) ![4124 E Broadway - Photo 27](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3608356863r.jpg) ![4124 E Broadway - Photo 28](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2980462304r.jpg) ![4124 E Broadway - Photo 29](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f76919526r.jpg) ![4124 E Broadway - Photo 30](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3006421006r.jpg) ![4124 E Broadway - Photo 31](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f122905440r.jpg) ![4124 E Broadway - Photo 32](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f919152376r.jpg) ![4124 E Broadway - Photo 33](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f804867744r.jpg) ![4124 E Broadway - Photo 34](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2885283561r.jpg) ![4124 E Broadway - Photo 35](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f201102385r.jpg) ![4124 E Broadway - Photo 36](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f1700940490r.jpg) ![4124 E Broadway - Photo 37](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3511960393r.jpg) ![4124 E Broadway - Photo 38](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f1771332203r.jpg) ![4124 E Broadway - Photo 39](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3631568836r.jpg) ![4124 E Broadway - Photo 40](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2223095209r.jpg) ![4124 E Broadway - Photo 41](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2197912011r.jpg) ![4124 E Broadway - Photo 42](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2730132210r.jpg) ![4124 E Broadway - Photo 43](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2621722528r.jpg) ![4124 E Broadway - Photo 44](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2976987395r.jpg) ![4124 E Broadway - Photo 45](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f241448592r.jpg) ![4124 E Broadway - Photo 46](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f1040289325r.jpg) ![4124 E Broadway - Photo 47](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f634530321r.jpg) ![4124 E Broadway - Photo 48](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f4249550851r.jpg) ![4124 E Broadway - Photo 49](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f1113855533r.jpg) ![4124 E Broadway - Photo 50](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f448460326r.jpg) ![4124 E Broadway - Photo 51](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3240052750r.jpg) ![4124 E Broadway - Photo 52](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f924363523r.jpg) ![4124 E Broadway - Photo 53](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3634353054r.jpg) ![4124 E Broadway - Photo 54](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3803947438r.jpg) ![4124 E Broadway - Photo 55](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f3978122309r.jpg) ![4124 E Broadway - Photo 56](http://lh.rdcpix.com/806f82fbbe100e484e62b1c13807d01cl-f2472184606r.jpg) --- **MLS#:** PV26079470 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/4124-e-broadway-long-beach-ca-90803-549d0e85b244432a85d8e41aabaaa067) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/4124-e-broadway-long-beach-ca-90803-549d0e85b244432a85d8e41aabaaa067#listing", "url": "https://www.propertysimple.ai/listing/4124-e-broadway-long-beach-ca-90803-549d0e85b244432a85d8e41aabaaa067", "name": "4124 E Broadway, Long Beach, CA 90803", "description": "4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix that supports durable tenant demand across multiple renter profiles.The property generates approximately $ 9,775 in monthly gross income ( $117,300 annually), equating to a 5.4% current cap rate. With demonstrated rental upside and below-market in-place rents, investors can expect an even greater cap rate with strategic interior upgrades, unit turns, and alignment to prevailing market rents. The partially renovated studio unit provides an immediate value-add component, reducing initial capital outlay while illustrating achievable rent premiums. This offering represents a compelling blend of stable cash flow and operational upside, supported by strong underlying fundamentals in a supply-constrained coastal submarket. Belmont Shore/Belmont Heights continues to exhibit high occupancy levels and resilient rent growth due to limited new multifamily development, coastal zoning restrictions, and sustained lifestyle-driven demand. Additional amenities include two single-car garages, two driveway parking spaces, on-site community laundry, and a generously sized communal backyard that enhances tenant livability and retention. Notably, additionally two units feature private outdoor spaces-an increasingly scarce amenity that supports rent growth and tenant stability. Located just blocks from the Pacific Ocean and within close proximity to Alamitos Bay Beach, Bluff Park, and the vibrant retail and dining corridor along 2nd Street, the property benefits from exceptional walkability and a premier coastal lifestyle. This irreplaceable location serves as a natural hedge against market volatility, reinforcing long-term appreciation potential. With in-place income, identifiable value-add potential, and positioning within one of Long Beach's most sought-after rental corridors, 4124 E Broadway offers investors a rare opportunity to acquire a defensible coastal asset with both yield and growth characteristics. 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