Commercial > Multi-family / Apartments
Active
07/24/2023
List Price
$12,995,000$464/ft²
2611 Broadway
Long Beach, CA 90803
- 8Beds
- 6Baths
- 28,010ft²Living Area
- 0.5acLot Size
- 1Pool
- 17Car
- 1964Year Built
- 291DOM
- 11Permits
2611 Broadway, Long Beach, CA 90803 is a 8 bed, 6 bath, 28,010 ft² multi-family/apartments property built in 1964 on a 0.470 acre lot with 11 construction permits. This multi-family/apartments is currently on the market for $12,995,000, and it was last sold in 2017.
MLS Description
The listing agent's description. Original Listing
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.
Listing Agents
The listing agent for 2611 Broadway is Blake Nicolai.
BN
Blake Nicolai
Re/Max R. E. Specialists
License: 01896527
Phone: (562) 493-3004
Permits
2611 Broadway has 11 permit records.
Permit History
11
Permits
July 18, 2017
Description: New plaster tile coping hand rail depth markers in water line tile and break line tileStatus: filedSub Type: Remodel applicationEffective Date: 2017-07-18Permit Number: BRMD207391
June 5, 2014
Description: Tear off existing cap sheet roof, apply 4 layer base , 2 #11 ply sheets, 1 layer mineral capsheet, hp-14-151 no change to drip edge, light grey like for likeStatus: completeSub Type: ReroofEffective Date: 2014-06-05Permit Number: BRRF164951
September 16, 2009
Description: Eh:routine inspection;no violationsStatus: finalEffective Date: 2009-09-16Permit Number: 00524528
September 12, 2007
Description: Eh:routine/complaint-units-are burn-boarded upStatus: finalEffective Date: 2007-09-12Permit Number: 00502399
April 25, 2006
Description: Eh: complaint carpet, bathroom sink backup #311Status: finalEffective Date: 2006-04-25Permit Number: 00422456
January 20, 1994
Description: Tear off, reroof with hot asphaltStatus: finalEffective Date: 1994-01-20Permit Number: 00162408
October 26, 1993
Description: Sc: water damage to ceiling & walls - units 310 and 311Status: finalEffective Date: 1993-10-26Permit Number: 00119264
August 11, 1992
Description: Ze: renting out garages to non-tenantsStatus: finalEffective Date: 1992-08-11Permit Number: 00104221
November 14, 1989
Description: Property maintenance stucco/paintStatus: finalEffective Date: 1989-11-14Permit Number: 00060960
January 1, 1900
Description: Bl:handyman dba belmont shore handyman service john kilsonStatus: finalEffective Date: 1900-01-01Permit Number: 00399700
January 1, 1900
Description: Repair drywall, flooring (fire damage) #209 c/o 6 wndws 1 ddoorStatus: finalEffective Date: 1900-01-01Permit Number: 00502752
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$36,734.41From latest Total Assessed Value1.57%Total Assessed Value$2,333,857=Land+
Assessed Value$968,689Additions
Assessed Value$1,365,168
In 2023, taxes billed for 2611 Broadway were $36,734.41, which is 1.57% from latest Total Assessed Value of $2,333,857.
Property History
2611 Broadway has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2611 Broadway
Hazard Risks
Earthquake449Carb Mono124Lead109Ozone106Particulates106Air Pollution106Nat'l Avg100Tornado94Weather43Hurricane11Hail0Wind0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2611 Broadway.
Walkability Index
11 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2611 Broadway has a walkability score of 11 out of 20, which means that it is in a somewhat walkable area.
Noise Level
55 dB
Quiet Suburban Residential 0-49
Suburban Residential 50-54
Urban Residential 55-59
Noisy Urban Residential 60-64
Very Noisy Urban Residential 65+
Noise at 2611 Broadway is around 55dBs, which is comparable to a Urban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
46°F
High
66°F
Summer
Average
Low
61°F
High
76°F
In the winter at 2611 Broadway, temperatures range from 46.21°F to 66.03°F with an average of 56.12°F. In the summer, the temperature ranges from 61.13°F to 76.32°F with and average of 68.73°F.
School Information
Public/private schools serving 2611 Broadway
Public Schools
Burbank Elementary School
Grades: KG-5
0.49 mi
C+
Jefferson Leadership Academies
Grades: 6-8
1.01 mi
C
Wilson High School
Grades: 9-12
1.42 mi
B-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 2611 Broadway have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Bluff Heights, Long Beach, CA 90803.
Seasonal Housing units 90803
20%of housing is for seasonal rent.
Daytime Population for 90803
+1%of people during work hours.
Boundary map of Bluff Heights.
Crime Index for 90803
152
152
The crime index in 90803 is 152, which is 1.5 times higher than national average.
Market Trends
Historical market data near 2611 Broadway over selected time period.
Nearby Properties on Broadway
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- 5291 E Broadway, Long Beach, CA 90803 (Belmont Park) is a 1,790 square foot, 3 bedroom, 2 bathroom, 0.15 acre property. It was built in 1940 and has an estimate of $1,524,854 with a price per ft² of $852.
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- 5215 E Broadway, Long Beach, CA 90803 (Belmont Park) is a 2,758 square foot, 4 bedroom, 3 bathroom, 0.2 acre property. It was built in 1960 and has an estimate of $2,017,411 with a price per ft² of $833.
- 5200 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 3,227 square foot, 5 bedroom, 5 bathroom, 0.19 acre property. It was built in 1944 and has an estimate of $1,798,828 with a price per ft² of $557.
- 5210 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 2,864 square foot, 4 bedroom, 4 bathroom, 0.16 acre property. It was built in 1943 and has an estimate of $1,608,327 with a price per ft² of $562.
- 5220 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 2,876 square foot, 4 bedroom, 4 bathroom, 0.21 acre property. It was built in 1943 and has an estimate of $1,639,284 with a price per ft² of $570.
- 5236 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 2,392 square foot, 3 bedroom, 3 bathroom, 0.15 acre property. It was built in 1985 and has an estimate of $1,967,467 with a price per ft² of $823.
- 5232 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 1,800 square foot, 2 bedroom, 2 bathroom, 0.16 acre property. It was built in 1947 and has an estimate of $1,496,959 with a price per ft² of $832.
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- 5290 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 3,934 square foot, 5 bedroom, 4.25 bathroom, 0.15 acre property. It was built in 2005 and has an estimate of $2,659,586 with a price per ft² of $676.
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- 5338 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 1,206 square foot, 2 bedroom, 1 bathroom, 0.15 acre property. It was built in 1941 and has an estimate of $1,164,897 with a price per ft² of $966.
- 5332 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 1,557 square foot, 2 bedroom, 2 bathroom, 0.15 acre property. It was built in 1946 and has an estimate of $1,316,931 with a price per ft² of $846.
- 5320 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 1,709 square foot, 2 bedroom, 2 bathroom, 0.14 acre property. It was built in 1954 and has an estimate of $1,403,545 with a price per ft² of $821.
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- 5366 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 2,702 square foot, 5 bedroom, 2 bathroom, 0.16 acre property. It was built in 1959 and has an estimate of $1,969,742 with a price per ft² of $729.
- 5360 E Broadway, Long Beach, CA 90803 (Belmont Shore) is a 2,481 square foot, 2 bedroom, 3 bathroom, 0.16 acre property. It was built in 1948 and has an estimate of $1,768,053 with a price per ft² of $713.
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- 4915 E Broadway, Long Beach, CA 90803 (Belmont Heights) is a 3,285 square foot, 6 bedroom, 4 bathroom, 0.13 acre property. It was built in 1937 and has an estimate of $1,987,666 with a price per ft² of $605.
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