Listed by Christian Tait, Marcus & Millichap RE Invest, (949) 419-3200
1042-1048 E Broadway
Long Beach, CA 90802
Alamitos Beach- 9 Beds
- 5 Baths
- 3,576 sqft
9 Beds
5 Baths
3,576 sqft
Home Highlights
Parking
Garage
HOA
None
Price/Sqft
$457
Listed
116 days ago
Local Information
-- mins to
About this House
1042 - 1048 East Broadway is a 5-unit multifamily property located in the Alamitos Beach neighborhood of Long Beach, California. The property features a well-balanced unit mix of 4 two-bed/one-bath units and 1 one-bed/one-bath unit, offering larger floor plans that appeal to a broad tenant base in a coastal urban setting. The asset also benefits from 2 enclosed garage spaces, a valuable amenity in a dense neighborhood where parking is limited. Ownership has completed approximately $60,000 in recent capital improvements, including roof replacements on both buildings in 2025, exterior painting in 2024, upgraded water heaters with two tankless systems in 2022, and a renovated kitchen in Unit 1042. The renovated unit features tile and wood flooring, granite countertops, shaker-style cabinetry, and updated fixtures, achieving the highest rent at the property and demonstrating the potential for interior upgrades to drive additional rental income. Situated in the desirable Alamitos Beach neighborhood, the property is within close proximity to the Long Beach shoreline, Downtown Long Beach, and the East Village Arts District. Residents benefit from convenient access to Retro Row along East 4th Street, as well as the planned Mosaic redevelopment, which is expected to further enhance the surrounding area with new residential, retail, and public space offerings. 1042 - 1048 East Broadway presents investors with the opportunity to acquire a well-located coastal asset with a strong unit mix, recent capital improvements, and demonstrated rental upside within one of Long Beach’s most active rental markets.
Home Details for 1042-1048 E Broadway
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Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 5 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: First level |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 100Days on Market: 116 |
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Year Built Year Built: 1921 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7265002030 |
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Price List Price: $1,635,000Price Per Sqft: $457 |
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MLS Status: Active |
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Direction & Address City: Long BeachCommunity: Other |
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Listing Agent Listing ID: OC26090983 |
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Building Area Building Area: 3576 Square Feet |
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Community Features: Curbs, Gutter(s), Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 3920.4 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange |
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No Rent Control |
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Mls Number: OC26090983Living Area Range Units: Square FeetAttribution Contact: christian.tait@marcusmillichap.comCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7265002030-R-N |
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CurbsGutter(s)Street LightsSidewalksSource Internet Entire Listing Display |
Around this home
What Locals Say about Alamitos Beach
At least 385 Trulia users voted on each feature.
97 % Say it's dog friendly
96 % Say there are sidewalks
95 % Say it's walkable to restaurants
78 % Say it's walkable to grocery stores
66 % Say people would walk alone at night
65 % Say streets are well-lit
62 % Say neighbors are friendly
61 % Say there's holiday spirit
61 % Say car is needed
49 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
38 % Say yards are well-kept
33 % Say kids play outside
30 % Say there are community events
30 % Say it's quiet
10 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in Long Beach
Last updated July 2026
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM
Home Value
Trulia Estimate
$1.57MSince last month
Decreased$78K (-4.7%)Since last year
Increased$846K (+116%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +116% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.58M |
| July 2026 | $1.65M |
| June 2026 | $832K |
| May 2026 | $729K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $1,595,000 | 08/22/25 | 4 | 4 | 3,296 | |
0.17 | Multi-Family Home | $2,550,000 | 12/02/25 | 9 | 8 | 3,816 | |
0.54 | Multi-Family Home | $1,465,000 | 06/05/26 | 7 | 5 | 3,578 | |
0.36 | Multi-Family Home | $1,775,000 | 05/01/26 | 10 | 10 | 5,477 | |
0.57 | Multi-Family Home | $1,425,000 | 06/10/26 | 6 | 6 | 3,542 | |
0.38 | Multi-Family Home | $1,375,000 | 06/01/26 | 6 | 6 | 2,660 | |
0.31 | Multi-Family Home | $1,385,000 | 07/08/26 | 9 | 8 | 4,629 | |
0.15 | Multi-Family Home | $1,850,000 | 12/22/25 | 11 | 11 | 6,087 | |
0.66 | Multi-Family Home | $1,068,989 | 12/12/25 | 12 | 4 | 3,576 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $389,000 | 1 | 1 | 613 | Recently Sold | |
0.08 | $350,000 | 1 | 1 | 626 | For Sale | |
0.02 | $3,249,000 | 9 | 9 | 7,315 | Off Market | |
0.08 | $384,700 | 1 | 1 | 651 | Off Market | |
0.08 | $351,400 | 1 | 1 | 613 | Off Market | |
0.08 | $800,000 | 2 | - | 1,794 | For Sale | |
0.03 | $2,600,000 | 9 | 5 | 3,743 | For Sale | |
0.09 | $1,192,300 | 4 | 4 | 3,320 | Off Market | |
0.08 | $379,900 | 1 | 1 | 613 | Off Market | |
0.08 | $667,100 | 2 | 2 | 1,550 | Off Market | |
0.10 | $383,400 | 1 | 1 | 701 | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 5, 2026 Source: CRMLS #OC26090983 | PriceChange | $1,635,000 Price decreased by 5% |
Jun 30, 2026 Source: CRMLS #OC26090983 | PriceChange | $1,729,000 Price decreased by 1% |
Apr 27, 2026 Source: CRMLS #OC26090983 | Listed For Sale | $1,749,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christian Tait, Marcus & Millichap RE Invest

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-20 20:28:47 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-20 20:28:47 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about 1042-1048 E Broadway
- What is the estimated monthly payment for 1042-1048 E Broadway?Based on a $1,635,000 list price with 20% down at today's rates, the estimated monthly payment for 1042-1048 E Broadway in Long Beach, CA is approximately $10,140 (about $8,457 principal & interest, $1,608 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1042-1048 E Broadway compare to homes in Long Beach?1042-1048 E Broadway in Long Beach, CA is listed at $1,635,000, about 100% above the $818K median sale price in Long Beach.
- What do residents say about the Alamitos Beach neighborhood?Residents describe the Alamitos Beach neighborhood in Long Beach, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Alamitos Beach, Long Beach.
- What are the closest schools to 1042-1048 E Broadway?The closest schools to 1042-1048 E Broadway in Long Beach, CA are Franklin Classical Middle School (rated 4/10), Polytechnic High School (rated 7/10), Stevenson Elementary School (rated 5/10).
- Does 1042-1048 E Broadway have laundry facilities?Yes, 1042-1048 E Broadway in Long Beach, CA has laundry facilities.
1042-1048 E Broadway, Long Beach, CA 90802 is a 9 bedroom, 5 bathroom, 3,576 sqft multi-family built in 1921. 1042-1048 E Broadway is located in Alamitos Beach, Long Beach. This property is currently available for sale and was listed by CRMLS on Apr 27, 2026. The MLS # for this home is MLS# OC26090983.

