2545 E Broadway
Long Beach, CA 90803
0.22 acres | #OC24184921
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.
Property Details
- Lot DescriptionCornerLot
- Stories2
Measurements
- Acres0.2169
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1946
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionBelmont Heights (BH)
Location
- CountyLos Angeles
Financial Details
- Original List Price$3,200,000
Other
- MLS #OC24184921
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Christopher Pettit (#OCPETTCHR)
Listing Office: Skyline Commercial Real Estate (#OC13194)
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