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2545 E Broadway
For Sale $3,000,000
$3,000,000
- 10 Units
- Unknown Sq Ft
- 9,448 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,000,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1946 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7263016014 |
| MLS # | OC24184921 |
| Property ID | 291997480 |
| Lot Sqft | 9,448 |
| Zoning | LBCNP |
| Total Units | 10 |
| Days on Market | 168 |
| Original List Price | $3,200,000 |
| Applicances | Gas Oven,Gas Range% |
| Date Updated | January 29, 2025 |
| Date Created | September 05, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $17,764 | $0 |
| Net Income (Yr) | $ 143,186 |
Listing Provided By
Christopher Pettit an agent of Triqor Group. Lic #01983950
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 29, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT