2545 E Broadway Active

Long Beach,CA 90803

$ 3200000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC24184921

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

Rooms

Kitchen Oven Range - Gas,Oven - Gas

Interior

Laundry Community Facility

Exterior

Garage Garage

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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