Property summary
This exceptional mixed-use property, located at 2545 E Broadway in Long Beach, California's desirable Bluff Park area, presents a compelling investment opportunity. The 10,401 square foot building comprises two structures on a 9,446 square foot lot, featuring a blend of residential and commercial space. Currently boasting 100% occupancy with three tenants, the property includes three storefront retail units and seven residential units (two one-bedroom and five two-bedroom apartments). The… current Net Operating Income (NOI) stands at $143,186, yielding a 4.77% cap rate. However, a pro-forma analysis projects a significantly higher NOI of $224,178 and a 7.47% cap rate, reflecting substantial value-add potential. Built between 1936 and 1956, the well-maintained buildings offer on-site laundry and a central courtyard. Further upside potential exists through the addition of accessory dwelling units (ADUs), leveraging the existing large storage room and rear garage parking. The property's prime corner location and large unit sizes contribute to its strong appeal. All SB721 inspections are complete. The asking price is $3,000,000, translating to a price per square foot of $288.43. This is a rare chance to acquire a well-positioned, income-producing asset in a thriving Long Beach neighborhood. The property is offered as a gross lease. The Los Angeles County Assessor's Parcel Number (APN) is 7263-016-014.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 23 qualifying comparable sales.
Recently sold
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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- Location Insight
- Alternative use
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