2545 E Broadway

Long Beach, CA 90803

$3,200,000

List Price

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1946

calendar_month Built

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.

Listing Information

List Price $3,200,000
Status Active
MLS OC24184921
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1946
Lot Size 9,448
Structure Size N/A
DOM 4
Courtesy Of Skyline Commercial Real Estate
Listing Agent Christopher Pettit DRE#01983950
Co-Listing Agent Christopher Walker DRE#01905338

Interior Features

Laundry Information
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Exterior Information

Maps

Listing information courtesy of: Christopher Pettit, Christopher Walker, Skyline Commercial Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 4:30 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.