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$1,325,000
Est. payment /mo
4,294 Sqft Lot
UPDATED:
01/07/2025 07:23 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW24251646
Originating Board California Regional MLS
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
Area 699 - Not Defined
Interior
Laundry In Laundry Room, Community Facility
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 7116007034
Special Listing Condition Not Applicable
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Listed by Chuck Chavez • Century 21 Allstars