Listed by Marie Morgenstern, Berkshire Hathaway HomeService, (310) 318-9386
4124 E Broadway
Long Beach, CA 90803
Belmont Heights
6 Beds
4 Baths
2,638 sqft
6 Beds
4 Baths
2,638 sqft
Local Information
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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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$758
Listed
15 days ago
Home Details for 4124 E Broadway
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Interior Details Number of Rooms: 6Types of Rooms: Bedroom, Entry Foyer, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, WasherDishwasherDryerLaundry: Common Area,Laundry Room,OutsideMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: Living RoomSpa: NoneHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile, WoodCommon Walls: 1 Common Wall, End Unit |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 5Floors: Laminate, Tile, Wood |
View Has a ViewView: City Lights, Neighborhood |
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Exterior Home Features Fencing: WoodNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2Has a GarageNo Attached GarageParking Spaces: 4Parking: Concrete,Door-Multi,Driveway Level,Driveway,Garage,Paved,On Street |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 4Days on Market: 15 |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Construction Materials: Concrete, StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7256012010 |
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Price List Price: $1,999,000Price Per Sqft: $758 |
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MLS Status: Active |
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Direction & Address City: Long BeachCommunity: Belmont Heights (Bh) |
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Listing Agent Listing ID: PV26079470 |
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Building Area Building Area: 2638 Square Feet |
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Community Features: Curbs, 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: 7130 sqft |
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Special Conditions: Standard |
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Contingencies: INFORMATION: All specific property related information is covered in the marketing package coming soon in the supplemental section in the MLSListing Terms: Cash, Cash to New Loan, Conventional, Submit |
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Expense Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Trash Collection, Water |
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No Rent Control |
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Mls Number: PV26079470Living Area Range Units: Square FeetAttribution Contact: 310-890-7808Common Interest: NoneUniversal Property Id: US-06037-N-7256012010-R-N |
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CurbsStreet LightsSidewalksSource Internet Entire Listing Display |
Last check for updates: about 2 hours ago
Listing Provided by: Marie Morgenstern DRE #01962710, (310) 890-7808
Berkshire Hathaway HomeService
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PV26079470
Price History for 4124 E Broadway
| Date | Price | Event | Source |
|---|---|---|---|
| 04/22/2026 | $1,999,000 | Listed For Sale | CRMLS #PV26079470 |
| 03/17/2026 | $3,600 | PriceChange | Zillow Rentals |
| 03/15/2026 | $3,700 | PriceChange | Zillow Rentals |
| 02/27/2026 | $3,750 | Listed For Rent | Zillow Rentals |
| 10/28/2024 | $3,750 | ListingRemoved | Zillow Rentals |
| 10/20/2024 | $3,750 | PriceChange | Zillow Rentals |
| 09/30/2024 | $3,800 | PriceChange | Zillow Rentals |
| 09/27/2024 | $3,900 | PriceChange | Zillow Rentals |
| 09/25/2024 | $3,950 | Listed For Rent | Zillow Rentals |
| 09/12/2024 | $3,950 | ListingRemoved | Zillow Rentals |
| 09/03/2024 | $3,950 | Listed For Rent | Zillow Rentals |
| 05/06/2023 | ListingRemoved | Zillow Rentals | |
| 04/27/2023 | $3,900 | PriceChange | Zillow Rentals |
| 04/22/2023 | $4,100 | Listed For Rent | Zillow Rentals |
| 05/06/2022 | ListingRemoved | Zillow Rental Manager | |
| 04/30/2022 | $4,100 | Listed For Rent | Zillow Rental Manager |
| 03/22/2021 | ListingRemoved | N/A | |
| 07/31/2019 | $3,200 | ListingRemoved | Agent Provided |
| 05/01/2019 | $3,200 | Listed For Rent | N/A |
| 03/13/2018 | $2,850 | ListingRemoved | N/A |
| 03/03/2018 | $2,850 | Listed For Rent | N/A |
| 11/03/2017 | $1,340,000 | Sold | N/A |
| 07/27/2017 | $1,350,000 | Pending | Agent Provided |
| 06/10/2017 | $1,350,000 | PriceChange | Agent Provided |
| 03/08/2017 | $1,400,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2015 |
|---|---|
| Tax | $8,440 |
| Assessment | $712,289 |
Home facts updated by county records
Comparable Sales for 4124 E Broadway
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $1,725,000 | 06/06/25 | 4 | 4 | 2,502 | |
0.16 | Multi-Family Home | $1,450,000 | 06/27/25 | 4 | 3 | 1,970 | |
0.44 | Multi-Family Home | $1,660,000 | 06/23/25 | 4 | 4 | 2,893 | |
0.56 | Multi-Family Home | $1,542,000 | 06/13/25 | 5 | 3 | 2,992 | |
0.30 | Multi-Family Home | $1,424,003 | 02/23/26 | 4 | 2 | 2,362 | |
0.35 | Multi-Family Home | $1,840,000 | 07/11/25 | 6 | 6 | 2,936 | |
0.58 | Multi-Family Home | $1,310,000 | 03/12/26 | 4 | 3 | 2,192 | |
0.33 | Multi-Family Home | $1,875,000 | 03/24/26 | 3 | 5 | 2,780 | |
0.58 | Multi-Family Home | $1,600,000 | 06/04/25 | 5 | 5 | 3,001 | |
0.37 | Multi-Family Home | $1,402,500 | 11/07/25 | 4 | 2 | 2,340 |
Assigned Schools
These are the assigned schools for 4124 E Broadway.
- Fremont Elementary School
- K-5
- Public
- 451 Students
8/10GreatSchools RatingParent Rating AverageThis school is terrible the teacher was inside the class and instead of blaming the student responsible for the problem they blamed my kid who was in the right. Also the principal believed the teacher. This school is 0/10 do not recommend stupid staff.Parent Review1y ago - Rogers Middle School
- 6-8
- Public
- 773 Students
8/10GreatSchools RatingParent Rating AverageI feel compelled to write a review in the hopes that I can save another family from experiencing the hell that is Rogers Middle School. Hate speech, threats of violence and actual physical violence run rampant in this school. Teachers turn a blind eye and in some cases are a bully themselves. The principal acts like a child and is not respected as an authority figure by the students. They think the best way to deal with violent students is to talk it out. The students know they can get away with things and there is no discipline. I feel as though it’s generous to rate this school a one because my child will have to deal with a lifetime of trauma and that deserves a negative number in my opinion.Parent Review1mo ago - Wilson High School
- 9-12
- Public
- 3349 Students
6/10GreatSchools RatingParent Rating AverageTaught here for a number of years. Moved my own kids to Orange County because I didn't want them attending here. The administration was just horrible. The whole district is more worried about their reputation, looking good and garnering awards from no name organizations. The administration will post rules and policies but are no where to be found enforcing them. Long Beach does not seem to get rid of bad principals either. Instead they just shuffle them around to other sites. A colleague of mine called this the "dance of the lemons."Teacher Review1y ago 
Check out schools near 4124 E Broadway.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Belmont Heights
At least 238 Trulia users voted on each feature.
98 % Say there are sidewalks
97 % Say it's dog friendly
97 % Say it's walkable to restaurants
83 % Say people would walk alone at night
80 % Say it's walkable to grocery stores
79 % Say streets are well-lit
76 % Say there's holiday spirit
70 % Say they plan to stay for at least 5 years
70 % Say car is needed
65 % Say neighbors are friendly
57 % Say yards are well-kept
54 % Say kids play outside
52 % Say there's wildlife
48 % Say parking is easy
43 % Say it's quiet
40 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Marie Morgenstern, Berkshire Hathaway HomeService
Agent Phone: (310) 890-7808
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 2026-02-09 09:51:42 PST 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 2026-02-09 09:51:42 PST 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
4124 E Broadway, Long Beach, CA 90803 is a 6 bedroom, 4 bathroom, 2,638 sqft multi-family built in 1956. 4124 E Broadway is located in Belmont Heights, Long Beach. This property is currently available for sale and was listed by CRMLS on Apr 22, 2026. The MLS # for this home is MLS# PV26079470.