Renovated Office Condo in Long
7-2734 Broadway Long Beach, CA 90802
7-2734 Broadway, Long Beach, CA, 90802
$400,000
For Sale
$400,000
Two-story office condominium in Bluff Heights Historic District.
Property Size550 SF
Price / SF$727.27
Days on Market76
Property Features for 7-2734 Broadway
General Information
- Standard status
- Active
- Size
- 550 SF
Listing Agency
Sage Real Estate Group, Inc.
(562) 307-0838
Listed by
Juan Huizar · License #01417642
(562) 307-0838
Source
Exprealty
Added: May 5 Checked: Jul 17 at 9:05 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sage Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
Located in the Bluff Heights Historic District of Long Beach, 2734 E. Broadway, Suite 7, is a professionally renovated two-story office condominium. This property offers approximately 550 square feet of functional workspace arranged across two levels. It features a loft-style upper office, a private restroom, a kitchenette, and a light-filled main floor with soaring ceilings and an open-to-above volume. The unit has been thoughtfully improved and is move-in ready for an owner-user. The HOA fees are $279 per month.
Key Highlights
- Rare opportunity to own a small office condominium in the desirable Bluff Heights Historic District.
- Professionally renovated, move‑in ready condition.
- Functional workspace of approximately 550 square feet on two levels.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $45.60 |
| − Vacancy | −$6.4k | −$11.63 |
| EGI | $18.7k | $33.97 |
| − OpEx | −$4.7k | −$8.49 |
| NOI | $14.0k | $25.48 |
550 SF · lease $45.60/SF/yr · vacancy 25.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.2K
$175.2K – $233.6K
NOI $14,013 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$294.5K
$257.7K – $343.6K
NOI $20,613 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two-story office condominium in Bluff Heights Historic District.
Where is this office units located?
The property is located at 7-2734 Broadway Long Beach, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Rare opportunity to own a small office condominium in the desirable Bluff Heights Historic District.; Professionally renovated, move‑in ready condition.; Functional workspace of approximately 550 square feet on two levels.
