flag This property
sold
for
$2,550,000 1 week ago.
221 Wisconsin Avenue
Long Beach,
CA 90803
Great location for this well laid out mixed-use property. Three retail units on Broadway with strong rental history to go along with 7 apartment units. The property also has garages in the back, central courtyard, and a large storage space that could easily be converted into an ADU. There is room for ample additional development.
Long term ownership has maintained the building well, while also leaving room for upside in rents. An ideal unit mix of large, mostly 2 bedroom units, provides a desirable living situation for tenants who enjoy being located in a highly walkable area.
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Listing Agent: Christopher Pettit | Office: Skyline Commercial Real Estate
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