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Listed by Chuck Chavez • Century 21 Allstars
$ 1,325,000
Est. payment | /mo
2,930 SqFt
$ 1,325,000
Est. payment | /mo
2,930 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,930 sqft
Price per Sqft $452
MLS Listing ID CRDW24250996
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 4,294 Sqft
Property Description
Built in 1958, the property is zoned LBCCA, boasts recent enhancements to maximize tenant appreciation and long-term value. Located in a sought-after Long Beach neighborhood, this property offers strong upside potential for rent growth and increased cash flow. Currently, one studio and a one-bedroom unit are vacant, providing the opportunity to upgrade and secure market rents, making this an exceptional investment opportunity.. This impressive property consists of 7 well-appointed units offering a mix of Studio and 1 bedroom layouts, appealing to a range of tenants. These commercial units are centrally located in Long Beach, offering access to major shopping, convenient transportation and direct access to the 91 freeway, ensuring quick connections to LAX, downtown LA, and other Key metropolitan areas.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Fireplace No
Building
Water Public
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