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$1,699,000
Est. payment /mo
8,646 Sqft Lot
UPDATED:
09/30/2024 06:05 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24193646
HOA Y/N No
Year Built 1987
Lot Size 8,646 Sqft
Property Description
Fully occupied, multiple-tenancy commercial building in a high traffic area of Long Beach!
Conveniently located near the corner of South Street and Orange Avenue, this versatile storefront building currently houses 6 different service businesses and is generating close to $7,000 a month in rental income! A short drive from the ports and the 2 major airports in Los Angeles and centrally situated near major public transit hubs, it is very accessible and easy to find from either direction!
The building totals 3,276 square feet in a busy area and is also anchored by Christ Anglican Church to one side and a restaurant to the other side. Being in a prime location with many easy access points, the frequent traffic it enjoys is delivered by high visibility to roughly 25,000-30,000 passing vehicles each day, such as those stopping for gas at the Arco nearby, for food at the neighboring burger joints, church services, health care at the Urgent Care down the street, or auto care across the street.
Seize this rare opportunity to acquire this high revenue, low maintenance investment in a great So Cal area!
Conveniently located near the corner of South Street and Orange Avenue, this versatile storefront building currently houses 6 different service businesses and is generating close to $7,000 a month in rental income! A short drive from the ports and the 2 major airports in Los Angeles and centrally situated near major public transit hubs, it is very accessible and easy to find from either direction!
The building totals 3,276 square feet in a busy area and is also anchored by Christ Anglican Church to one side and a restaurant to the other side. Being in a prime location with many easy access points, the frequent traffic it enjoys is delivered by high visibility to roughly 25,000-30,000 passing vehicles each day, such as those stopping for gas at the Arco nearby, for food at the neighboring burger joints, church services, health care at the Urgent Care down the street, or auto care across the street.
Seize this rare opportunity to acquire this high revenue, low maintenance investment in a great So Cal area!
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning Commercial
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Partial
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Flat
Present Use Commercial
Building
Lot Description Walkstreet
Story 1
Water Public
Others
Tax ID 7128007004
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Listed by Amanda Lam • Gold Key Realty Corporation • 714-316-8750