NOT LISTED FOR SALE

2322 E Broadway Long Beach, CA 90803

Bluff Park Neighborhood
9 Beds
10 Baths
7,052 Sq Ft
8,320 Sq Ft Lot

Last Sold April 09, 2015

Last sale price $2,025,000 $287 Per Sq Ft

17 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 4-minute walk to Bixby Park
  • Woodrow Wilson High School Rated A

About This Home

As of April 2015

This is a great 11 unit building in the prime area of Bluff Park. 2322 Braoadway is a spanish style building with four large 1 bedroom, 1 bath units.
The units feature hardwood floors and have back entrances leading to center courtyard. The 2325 E. 2nd St side features five units and four garages.
Owners unit is 2 bedroom, 1 bath over the garage plus four 1 bedroom 1 bath units. In the center courtyard there is 2 single units plus a laundry area.
The exterior has had many windows replaced, and entire exterior painted. New landscaping is on its way. Beside the 4 garages there is 2 parking on the Broadway side and and 4 additional on 2nd st. Its in a great area with many large homes and only 2 blocks to the beach. The building looks great.
Please do not go on property or disturb tenants.

Last Agent to Sell the Property

Jean Shapen

Coldwell Banker Realty License #00614080 Listed on: 02/20/2015

Coldwell Banker Realty

Last Buyer's Agent

Steve Hyde

First Team Real Estate License #00980216

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 8,320 Sq Ft Lot
  • Lot Dimensions are 55 x 150
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 7,052 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 10 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 4 / 87
  • Tax Tract Number 84
  • Assessor Parcel Number 7264029006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 11 Units

Building Details

  • 11 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $11,390
  • Net Operating Income $82,842

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.36
  • Other Phone Description: 562-209-0743
  • Property Attached: Yes
  • Subdivision Name Other: Bluff Park (BLF)
  • Property Type: Residential Income
  • Parcel Number: 7264029006
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 287.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size: 55 x 150
  • Lot Size Sq Ft: 8320.00
  • Lot Size Acres: 0.1910

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 11390.00
  • Gross Multiplier: 13.89
  • Gross Scheduled Income: 136680.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8320.0000 Square Feet
  • Net Operating Income: 82842.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Number With Patio: 1
  • Number With Range: 11
  • Operating Expense: 49738.00
  • Rent Control: No

Tax Info

  • Tax Block: 87
  • Tax Lot: 4
  • Tax Tract Number: 084
  • Tax Year: 2014

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $2,025,000 +6.6% $287 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $1,899,000 -- $269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jean Shapen

    Seller's Agent in 2015

    Jean Shapen

    Coldwell Banker Realty

    (562) 209-0743

    2 in this area

    15 Total Sales

    Jean Shapen
    Section Image

  • S

    Buyer's Agent in 2015

    Steve Hyde

    First Team Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15036744

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90803 Bluff Park

2322 E Broadway, Long Beach, CA

This home is located at 2322 E Broadway, Long Beach, CA 90803 since 20 February 2015. This property was built in 1923. 2322 E Broadway is a home located in Los Angeles County with nearby schools including Burbank Elementary School, Woodrow Wilson High School, and St. Anthony Elementary School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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