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Listed by Carl Reinhart, DRE #00647355 • Carl Reinhart, Broker
$ 2,400,000
Est. payment /mo
Pending
3522 E Broadway Long Beach, CA 90803
6,189 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPW26094148
Style Spanish
Year Built 1923
Lot Size 6,189 Sqft
Source California Regional MLS
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
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Rooms
Kitchen Garbage Disposal, Oven Range - Electric, Oven - Electric
Interior
Heating Gas, Wall Furnace
Cooling None
Flooring Laminate
Laundry None
Exterior
Parking Features No Parking
Pool None
View Local/Neighborhood, City Lights
Roof Type Flat / Low Pitch
Building
Sewer Sewer Available
Water District - Public
Architectural Style Spanish
Others
Tax ID 7264002021
Special Listing Condition Not Applicable
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