Marie Morgenstern
White stucco home with arched entry and red steps, framed by tall palm trees.
Elevated view of a palm-lined Long Beach street with homes and a nearby intersection.
Cream stucco home with arched entry, red steps, and cactus landscaping along the walkway.
Cream stucco home with arched details behind a lush succulent garden and mature trees.
Cream-colored home with arched openings, red entry steps, and tropical landscaping along the walkway.
Cream-colored building with arched entryways and red steps, framed by tropical landscaping.
Enclosed patio with sliding glass doors, a red tile step, and a large window.
Empty room with hardwood floors, a built-in wooden sideboard, and French doors.
Empty living room with hardwood floors, a fireplace, wood trim, and ceiling fans.
Living room with hardwood floors, a white brick fireplace, and built-in wood cabinetry.
Living room with hardwood floors, a white brick fireplace, and wood-framed French doors.
Kitchen with cream cabinets, stainless-steel dishwasher, gas range, and a bay window.
Vacant sunroom with windows on three sides, tan tile flooring, and a stained-glass pendant light.
White kitchen with tan tile flooring, gas range, overhead microwave, and tiled counters.
Vacant room with hardwood floors, plantation shutters, and glass doors opening to a fenced yard.
Bathroom with a white bathtub, shower, vanity, and mirrored cabinets.
Bathroom with a white vanity and illuminated mirror beside an open doorway to a wood-floored hallway.
Bathroom with a white tub beside a long hallway with polished wood floors.
Arched front porch with red tile flooring overlooking a palm-lined street.
Front entry with a stucco archway and red-tiled steps facing the sidewalk and street.
Covered porch with white French doors, a screen door, and a red concrete floor.
White stucco home entrance with arched porch openings, red steps, and landscaped shrubs.
Small backyard with a green lawn, reddish wooden privacy fence, and palm tree.
Empty bedroom with gray plank flooring and sliding glass doors overlooking a leafy outdoor area.
Unfurnished room with sliding glass doors overlooking a garden and an adjoining bathroom.
Vacant room with a compact kitchenette, stainless-steel refrigerator, and gray wood-look flooring.
Bathroom with a tiled walk-in shower, small window, toilet, and white sink.
Home’s rear yard with a wooden privacy fence, lawn, outdoor seating, and steps to a sliding glass door.
Backyard lawn with wooden seating, mature landscaping, and a tall privacy fence.
Living room with a tan sectional and glass coffee table opening to a white kitchen.
Living room with a tan sofa, patterned chaise, hardwood floors, and ceiling fan.
Kitchen with a dark gray island, white cabinets, tiled floors, and a window over the counter.
Kitchen with a wood-topped island and white cabinetry, opening into a living room.
Bedroom with a blue-gray bed, ceiling fan, guitar, and woven baskets.
Bathroom vanity with an ornate gold-framed mirror, chrome faucet, and window with blinds.
Home office with a white desk, green chair, and large windows overlooking neighboring buildings.
Exterior stair landing with wrought-iron railings overlooking a white stucco building and tropical greenery.
Laundry room with white washing machines, a shower curtain, exposed ductwork, and a shelf of cleaning supplies.
Landscaped backyard with a lawn, wooden fence, two chairs, and mature trees.
Backyard lawn with patio chairs beside a white home's sliding glass door.
Vacant bedroom with wood-look flooring, a ceiling fan, and a wide window overlooking greenery.
Empty room with wood-look flooring, vertical blinds, a wall heater, and a ceiling fan.
Small kitchen with white cabinetry, a stainless-steel sink, and a white gas range.
Empty room with wood-look flooring, a ceiling fan, and a window.
Compact bathroom with a light wood vanity, white toilet, and four-bulb mirror light.
Kitchen with white cabinets, tiled counters, and a white four-burner gas range.
Vacant living room with wide-plank wood flooring and an open door to the garden.
Backyard patio with black metal seating, a round table, and dense greenery along a red fence.
White two-story residence with dark-trimmed windows, two garage doors, and an exterior staircase.
Open garage with a raised wooden door, concrete floor, and storage shelf at the back.
Empty garage with a concrete floor, exposed wooden ceiling beams, and a rear shelf.
Aerial view of a palm-lined Long Beach neighborhood with distant water and city skyline.
Aerial view of a palm-lined Long Beach neighborhood, with the ocean beyond the homes.
Aerial view of a palm-lined Long Beach neighborhood, with the ocean in the distance.
Single-story home on a palm-lined street, with the ocean visible beyond the neighborhood.
Aerial view of a Long Beach neighborhood, with the harbor and distant skyline beyond the homes.
SEE ALL PHOTOS
White stucco home with arched entry and red steps, framed by tall palm trees.
Elevated view of a palm-lined Long Beach street with homes and a nearby intersection.
Cream stucco home with arched entry, red steps, and cactus landscaping along the walkway.
Cream stucco home with arched details behind a lush succulent garden and mature trees.
Cream-colored home with arched openings, red entry steps, and tropical landscaping along the walkway.
Cream-colored building with arched entryways and red steps, framed by tropical landscaping.
Enclosed patio with sliding glass doors, a red tile step, and a large window.
Empty room with hardwood floors, a built-in wooden sideboard, and French doors.
Empty living room with hardwood floors, a fireplace, wood trim, and ceiling fans.
Living room with hardwood floors, a white brick fireplace, and built-in wood cabinetry.
Living room with hardwood floors, a white brick fireplace, and wood-framed French doors.
Kitchen with cream cabinets, stainless-steel dishwasher, gas range, and a bay window.
Vacant sunroom with windows on three sides, tan tile flooring, and a stained-glass pendant light.
White kitchen with tan tile flooring, gas range, overhead microwave, and tiled counters.
Vacant room with hardwood floors, plantation shutters, and glass doors opening to a fenced yard.
Bathroom with a white bathtub, shower, vanity, and mirrored cabinets.
Bathroom with a white vanity and illuminated mirror beside an open doorway to a wood-floored hallway.
Bathroom with a white tub beside a long hallway with polished wood floors.
Arched front porch with red tile flooring overlooking a palm-lined street.
Front entry with a stucco archway and red-tiled steps facing the sidewalk and street.
Covered porch with white French doors, a screen door, and a red concrete floor.
White stucco home entrance with arched porch openings, red steps, and landscaped shrubs.
Small backyard with a green lawn, reddish wooden privacy fence, and palm tree.
Empty bedroom with gray plank flooring and sliding glass doors overlooking a leafy outdoor area.
Unfurnished room with sliding glass doors overlooking a garden and an adjoining bathroom.
Vacant room with a compact kitchenette, stainless-steel refrigerator, and gray wood-look flooring.
Bathroom with a tiled walk-in shower, small window, toilet, and white sink.
Home’s rear yard with a wooden privacy fence, lawn, outdoor seating, and steps to a sliding glass door.
Backyard lawn with wooden seating, mature landscaping, and a tall privacy fence.
Living room with a tan sectional and glass coffee table opening to a white kitchen.
Living room with a tan sofa, patterned chaise, hardwood floors, and ceiling fan.
Kitchen with a dark gray island, white cabinets, tiled floors, and a window over the counter.
Kitchen with a wood-topped island and white cabinetry, opening into a living room.
Bedroom with a blue-gray bed, ceiling fan, guitar, and woven baskets.
Bathroom vanity with an ornate gold-framed mirror, chrome faucet, and window with blinds.
Home office with a white desk, green chair, and large windows overlooking neighboring buildings.
Exterior stair landing with wrought-iron railings overlooking a white stucco building and tropical greenery.
Laundry room with white washing machines, a shower curtain, exposed ductwork, and a shelf of cleaning supplies.
Landscaped backyard with a lawn, wooden fence, two chairs, and mature trees.
Backyard lawn with patio chairs beside a white home's sliding glass door.
Vacant bedroom with wood-look flooring, a ceiling fan, and a wide window overlooking greenery.
Empty room with wood-look flooring, vertical blinds, a wall heater, and a ceiling fan.
Small kitchen with white cabinetry, a stainless-steel sink, and a white gas range.
Empty room with wood-look flooring, a ceiling fan, and a window.
Compact bathroom with a light wood vanity, white toilet, and four-bulb mirror light.
Kitchen with white cabinets, tiled counters, and a white four-burner gas range.
Vacant living room with wide-plank wood flooring and an open door to the garden.
Backyard patio with black metal seating, a round table, and dense greenery along a red fence.
White two-story residence with dark-trimmed windows, two garage doors, and an exterior staircase.
Open garage with a raised wooden door, concrete floor, and storage shelf at the back.
Empty garage with a concrete floor, exposed wooden ceiling beams, and a rear shelf.
Aerial view of a palm-lined Long Beach neighborhood with distant water and city skyline.
Aerial view of a palm-lined Long Beach neighborhood, with the ocean beyond the homes.
Aerial view of a palm-lined Long Beach neighborhood, with the ocean in the distance.
Single-story home on a palm-lined street, with the ocean visible beyond the neighborhood.
Aerial view of a Long Beach neighborhood, with the harbor and distant skyline beyond the homes.
Listed by Marie Morgenstern CA DRE# 01962710 with Berkshire Hathaway HomeService 310-890-7808
For Sale

4124 E Broadway

4124 E Broadway, Long Beach, CA 90803

$1,899,000
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.

Studio

2,638 Sq.Ft. LIVING AREA

7,130 Sq.Ft. lot

Marie Morgenstern

Marie Morgenstern

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Common Area, Laundry Room, Outside
  • Flooring Laminate, Tile, Wood
  • Fireplace Living Room
  • APPLIANCES Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • other interior Features Ceiling Fan(s), Unfurnished, Bedroom on Main Level, Galley Kitchen

Area & Lot

  • Status For Sale
  • Living Area2,638 Sq.Ft.
  • Total Area2,638 Sq.Ft.
  • Lot Area7,130 Sq.Ft.
  • MLS® IDPV26079470
  • TypeMulti-Family
  • YEAR BUILT1956
  • NeighborhoodLong Beach
  • View DescriptionCity Lights, Neighborhood

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • utilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • PoolNone
  • lot features2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Yard
  • parkingConcrete, Door-Multi, Driveway Level, Driveway, Garage, Paved, On Street
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$1,899,000
  • Maintenance Fee $7,433/mo
Elevated view of a palm-lined Long Beach street with homes and a nearby intersection.

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Contact Details

Marie Morgenstern | CA DRE# 01962710 | WESLYNN MERIDIAN INC

Phone

(310) 890-7808

Email

[email protected]

Address

225 Avenue I Ste 110 Redondo Beach, CA 90277 600 Deep Valley Dr Rolling Hills Estates, CA 90274

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