2545 Broadway, Long Beach, CA 90803
  • MLS#: OC24184921 ( Commercial/Residential )
  • Street Address: 2545 Broadway
  • Viewed: 1
  • Price: $3,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1946
  • Bldg sqft: 0
  • Days On Market: 71
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90803
  • Subdivision: Belmont Heights (bh)
  • Provided by: Skyline Commercial Real Estate
  • Contact: Christopher Christopher
  • California Regional MLS IDX
  • DMCA Notice
  • 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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Features
Appliances
  1. Gas Oven
  2. Gas Range
Association Fee
  1. 0.00
Building Area Total
  1. 10401.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 22
Current Financing
  1. None
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 4.00
Insurance Expense
  1. 9361.00
Laundry Features
  1. Community
Laundry Income
  1. 764.00
Lockboxtype
  1. None
Lot Features
  1. Corner Lot
Netoperatingincome
  1. 143186.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Otherincome1
  1. 7559.00
Otherincomedescription
  1. Oil & Mineral Rights
Parcel Number
  1. 7263016014
Parking Features
  1. Garage
Pool Features
  1. None
Postalcodeplus4
  1. 5716
Professionalmanagementexpense
  1. 9812.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422555560:CRM
Subdivision Name Other
  1. Belmont Heights (BH)
Tenant Pays
  1. Electricity
  2. Gas
Totalactualrent
  1. 17764.00
Totalexpenses
  1. 75862.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 4.00
Water Sewer Expense
  1. 3644.00
Water Source
  1. Public
Year Built
  1. 1946
Year Built Source
  1. Assessor
Zoning
  1. LBCNP