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$3,200,000
Est. payment /mo
9,448 Sqft Lot
UPDATED:
09/18/2024 04:32 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24184921
Originating Board California Regional MLS
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
Parking Features Garage
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 7263016014
Special Listing Condition Not Applicable
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Listed by Christopher Pettit • Skyline Commercial Real Estate
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Sharad Gupta
Broker | License ID: 02213637
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