2545 E Broadway Active

Long Beach,CA 90803

$ 3200000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Heights (Bh)

MLS Listing ID OC24184921

Year Built 1946

Lot Size 9,448 Sqft

Property Description

We are offering the opportunity to acquire The Broadway Retail and Apartments, a 10 unit mixed use building located in the Bluff Park area of Long Beach, CA. The property offers (3) commercial storefront units, (2) 1 bedroom units, and (5) two bedroom units, producing excellent income. Community amenities include on-site laundry as well as a spacious central courtyard for tenants to enjoy. The buildings have been very well maintained showing clear pride of ownership. There is untapped potential for additional income and ADU's with the property footprint containing ample storage and garage parking in the rear. The Broadway Retail and Apartments provides an investor the opportunity to acquire an income producing asset in a prime location in Long Beach.

Opportunity to own a premium corner lot in a great Bluff Park location of Long Beach. This mixed-use property has retail units on Broadway, a main corridor, along with apartments on top of the retail and behind. The property also has a rear courtyard and garages, providing advantages that many similarly located properties do not have.

Property Address also commonly referred to as 221-235 Wisconsin Ave.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBCNP

Interior

Laundry Common Area

Exterior

Garage Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking,Sidewalks

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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