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2611 E Broadway
Long Beach CA 90803 US

$12,995,000

Active Listing ID PW23136183
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8 bed
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6.00 Bath (6 Full Bath)
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Lot: 20,477.00 Square Feet
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Apartment

$12,995,000

Active Listing ID PW23136183
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2611 E Broadway Nicolai Real Estate of RE/MAX Real Estate Specialists is pleased to present the sale offering of 2611 E. Broadway. This 3-story multi family building is located in Coastal Long Beach on a prominent corner in the greater Belmont Heights area (technically Bluff Heights). This building consists of 36 units with a balanced mix of mainly 2 bedroom/2 bathroom apartments. The building is secure and offers three entrances, two staircases, and an elevator. Parking is available on two sides of the building with 17 individual parking garages. The building is built around a large central landscaped courtyard with a gated pool. The laundry room is located on the ground level and provides additional income and has been recently remodeled. The building is well maintained with no major capital expenditures forecasted. The building was re-roofed in 2014, re-landscaped in a drought tolerant manner in 2016, and the pool was remodeled in 2017. The building is located in a prime location in regards to employment base, walkability, transportation access, and points of interest. Just a 1/4 mile from the beach and an easy walk to Bluff Park, Long Beach Art Museum/Claire’s, Retro Row/4th Street Corridor, and dozens of local restaurants and boutiques. Just slightly beyond these locations tenants have easy access to Downtown Long Beach and Belmont Shore/2nd Street/Naples Island. There are twenty-one 2 bedroom/2 bathroom units, two 2 bedroom/1 bathroom units, ten 1 bedroom/1 bathroom units, and one 3 bedroom/2 bathroom. Units are nicely appointed and all offer private balconies, many with great views down Broadway or Wisconsin Avenue. 2611 E. Broadway presents itself as a rare opportunity as substantial buildings with a great mix are few and far between in such an excellent coastal Long Beach location. Offering memorandum available for further details and financials.

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Property Features

  • Facts
  • Lot Size: 20,477.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 6
  • Cooling System: None
  • Exterior Finish: Fence, Pool, Community Features Included: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Corner Lot, Landscaped, Level
  • Floor Covering: Carpet, Laminate, Tile, Vinyl
  • Roof Type: Composition, Flat
  • Heating Fuels: Radiant
  • Additional Features
  • Pool

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 12995000
  • unparsedaddress: 2611 E Broadway
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90803
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.470087235996327
  • lotsizeunits: Square Feet
  • lotsizearea: 20477
  • livingarea: 28010
  • livingareaunits: Square Feet
  • listagentfullname: Blake Nicolai
  • listagentemail: blakenicolai@gmail.com
  • listagentkey: 3yd-MRMLSCA-PWNICBLA
  • listagentmlsid: PWNICBLA
  • listagentpreferredphone: 5622126561
  • listagentofficephone: 5624933004
  • listofficekey: 3yd-MRMLSCA-0278
  • listagentstatelicense: 01896527
  • listofficemlsid: 0278
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1964
  • listingcontractdate: 2023-07-24
  • listagenturl: http://www.blakenicolai.com
  • countyorparish: Los Angeles
  • parcelnumber: 7263017029
  • appliances: Microwave, Range, Refrigerator
  • cooling: None
  • constructionmaterials: Concrete, Stucco
  • flooring: Carpet, Laminate, Tile, Vinyl
  • heating: Radiant
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 17
  • parkingfeatures: Garage
  • roof: Composition, Flat
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Balcony, Ceiling Fan(s), Living Room Balcony, No Interior Steps
  • exteriorfeatures: Fence, Pool, Community Features Included: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Corner Lot, Landscaped, Level
  • architecturalstyle: Contemporary
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • poolprivateyn: True
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:45:57 PM GMT
Source Updated Date: 4/27/2024 6:43:39 AM GMT

Courtesy of: Blake Nicolai, Re/Max R. E. Specialists, blakenicolai@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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