$2,400,000
Est. payment /mo
4 Baths
6,189 Sqft Lot
New
3522 E Broadway Long Beach, CA 90803
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26094148
Lot Size 6,189 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
The subject is a twelve-unit apartment complex with a prime location in the very desirable Belmont Heights neighborhood of Long Beach, California. The property includes three, two-story woodframe and stucco apartment buildings built in 1923 and renovated on multiple occasions. The buildings total 7,562 sf in size and are situated on a level, rectangular 6,189 sf parcel located on he southwest corner of East Broadway and Loma Avenue. This offering includes units at 3522-3536 East Broadway and 223 Loma Avenue. The property has a great unit mix consisting of five studio and seven one bedroom/one bath apartment units ranging to approximately 700 sf. Some units have balconies. East Broadway is a busy traffic corridor through the city and is developed with a mix of retail and office buildings as well as single-family homes and small apartment buildings. Belmont Heights is one of the area's most sought-after coastal submarkets with a broad tenant base of young professionals, families and long-term residents. Woodrow Wilson High School is located less than one mile northeast of the subject. The 229-acre, city-owned Recreation Park is located one mile to the northeast and features include a community center, two golf courses, a tennis center, fishing pond and a baseball stadium. The heart of trendy Belmont Shore is less than three-quarters of a mile to the east. California State University, Long Beach is located less than two miles to the northeast. City Beach, Bluff Park and Belmont Pier are a quarter-mile to the south. Long Beach Municipal Airport is located three miles to the nor
Location
State CA
County Los Angeles
Zoning Assessor
Direction Traveling W on Broadway, property is on the SW corner of Broadway/Loma Avenue.
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Rock/Gravel
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7264002021
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Carl Reinhart, DRE#00647355 Carl Reinhart, Broker
NEARBY SCHOOL & BUSINESS
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