2740 E Broadway, Long Beach, CA 90803
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2740 E Broadway Long Beach, CA 90803

$2,375,000 Sold Price as of 07/19/2021
  • 4 Beds
  • 4 Baths
  • 6,193 Sq.Ft.
Sold
$2,375,000 Sold Price as of 07/19/2021 Refinance Your Mortgage

Map preview of 2740 E Broadway, Long Beach, CA 90803

Property Overview: 2740 E Broadway Long Beach, CA has 4 bedrooms, 4 bathrooms, 6,193 living square feet and 3,576 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Designed in 1929, this iconic Broadway building was originally a space for John T. Houser and Son's law practice, as well as office, storefront, and residential units. In 1989 is was designated as a Long Beach Historic Landmark. Today the building offers 4 commercial units downstairs and 4 one bedroom one bath units upstairs. This beautiful building is located in Bluff Park. Close to shopping and bus lines. All units are rented. The first flat roof was redone 2 years ago, and each residential unit has had new water heaters installed within the last 2 years.

Listed by Linda Ethier | BRE #00669385 | Linda Ethier, Broker
Co-listed by Cody Ethier | BRE #02000377 | Linda Ethier, Broker
Last checked: 37 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 346

Home details

Lot Sq. Ft
3,576
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW20130737
City
Long Beach
County
Los Angeles
Time on Site
1530 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $4,715
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,450
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,439
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,600
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,250
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,175
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,525
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $172,258
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $564
  • Insurance: $3,850
  • Water/Sewer: $900

Property Details for 2740 E Broadway

Interior Features
Laundry Information
  • None
Exterior Features
Exterior Information
  • No Fence
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 6-10 Units/Acre, No Landscaping, Zero Lot Line
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 8
  • Parcel Number: 7264030009
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Broadway to address
View more facts & features

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Sale History for 2740 E Broadway

Last sold for $2,375,000 on July 19th, 2021
  • July, 2021

  • Jul 20, 2021

    Date

    Sold

    CRMLS: PW20130737

    $2,375,000

    Price

  • Jun 23, 2021

    Date

    Pending

    CRMLS: PW20130737

    $2,375,000

    Price

  • Oct 19, 2020

    Date

    Price Change

    CRMLS: PW20130737

    $2,375,000

    Price

  • Sep 1, 2020

    Date

    Price Change

    CRMLS: PW20130737

    $2,475,000

    Price

  • Aug 16, 2020

    Date

    Price Change

    CRMLS: PW20130737

    $2,300,000

    Price

  • Jul 4, 2020

    Date

    Active

    CRMLS: PW20130737

    $2,500,000

    Price

  • April, 2020

  • Apr 8, 2020

    Date

    Canceled

    CRMLS: PW19174292

    $2,500,000

    Price

  • Mar 11, 2020

    Date

    Pending

    CRMLS: PW19174292

    $2,500,000

    Price

  • Oct 11, 2019

    Date

    Price Change

    CRMLS: PW19174292

    $2,500,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: PW19174292

    $2,700,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Historic building used as the Fire station many years ago. The building offers 4 commercial units downstairs and 4 one bedroom one bath units upstairs. This beautiful building is located in Bluff Park. Close to shopping and bus lines. All units are rented

  • December, 2002

  • Dec 24, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 1999

  • Sep 24, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2740 E Broadway

Assessed Value (2020): $702,672
Year Land Value Improved Value Assessed Value
2020 $281,069 $421,603 $702,672

Home Value Compared to the Market

This property vs the competition

2740 E Broadway sold on July 19, 2021 for 189.99% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $383.5 per/sqft which puts the price per square foot 38.93% lower than the current median sale per square foot for the city of Long Beach.

About 2740 E Broadway

Detailed summary of property

2740 E Broadway is a mixed use that recently sold in Long Beach, CA 90803. This mixed use property offered 4 bedrooms, 4 bathrooms, roughly 6,193 living square feet, and sits on an approximately 3,576 square foot lot. 2740 E Broadway was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $2,375,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 189.99% higher than the current median priced home. Local homes that are currently for sale include 7826 Duchess Dr, 1036 W 95th St and 316 W Manchester Ave. While the average home in Long Beach, CA is selling in 62 days, 2740 E Broadway has a days on market of 346 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 2740 E Broadway Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2740 E Broadway

Public county record property details
Beds
--
Baths
--
Year built
1929
Sq. Ft.
6,193
Lot Size
3,575
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7264-030-009

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
128
Median Sale to List Price %
100.2%
Avg Days on Market
29
Loan Type
Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.