Mohr Real Estate Group

Mohr Real Estate Group

2545 E Broadway Long Beach CA 90803 MLS #OC24184921

2545 E Broadway
Long Beach, CA, 90803
$3,200,000
Beds
0 Baths
SqFt
0.22 Acres
Add
Add
$3,200,000
2545 E Broadway
Long Beach, CA, 90803
MLS #OC24184921 img 0

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.

Property Details

Price:
$3,200,000
MLS #:
OC24184921
Status:
Active
Baths:
0
Address:
2545 E Broadway
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
Belmont Heights BH
Neighborhood:
2belmontheightsalamitosheights
City:
Long Beach
Listed Date:
Sep 5, 2024
State:
CA
ZIP:
90803
Lot Size:
9,448 sqft / 0.22 acres (approx)
Year Built:
1946

Schools

Interior

Appliances
Gas Oven, Gas Range

Exterior

Community Features
Biking, Sidewalks
Garage Spaces
4.00
Lot Features
Corner Lot
Parking Features
Garage
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Electricity, Gas
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2545 E Broadway
Long Beach, CA
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