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5440 Long Beach Boulevard

Long Beach, CA 90805
  • $840,000
  • STATUS: Active Under Contract
  • ON SITE: 1226 Days
  • ID#: WS19035258
Under Contract
$840,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,560
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Bing Wu of Lou Edwards Financial Inc. (949-870-2882) and Anthony Mangahis Labao of ()


Description

Incredible opportunity to purchase this two unit commercial retail unit located near the popular adjacent areas of Bixiby Knolls andLakewood. Located in the northern part of Long Beach, the subject property has excellent visibility off the bustling intersection ofLong Beach Blvd. The building currently consists of two long term retail units, a Beauty Salon and Liquor Store. The Beauty Salon is approximately 720 sqft and the Liquor Store is approximately 3840 sqft. These two units combined come to the VERY large total of4560 SQFT!!! Building comes with 3 total parking spaces and ample street parking. Tenants currently pay rents below market value; however, the property shows an amazing potential for future development. Dont miss this excellent chance to invest in this VERY large two unit commercial property located in the developing area of North Long Beach. BUYER TO VERIFY ALL INFORMATION IN THIS LISTING. CALL NOW!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-07T00:31:17.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/92159050
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5440 Long Beach Boulevard Long Beach, CA 90805

  • Price: $840,000
  • Status: Active Under Contract
  • On Site: 1226 Days
  • ID#: WS19035258
0
Beds
0
Baths
0
½ Baths
0.12
Acres
4,560
SQFT
$184
$/SQFT
1928
Built
Neighborhood:
7 - North Long Beach
County:
Los Angeles
Area:
7 - North Long Beach
Property Description
Incredible opportunity to purchase this two unit commercial retail unit located near the popular adjacent areas of Bixiby Knolls andLakewood. Located in the northern part of Long Beach, the subject property has excellent visibility off the bustling intersection ofLong Beach Blvd. The building currently consists of two long term retail units, a Beauty Salon and Liquor Store. The Beauty Salon is approximately 720 sqft and the Liquor Store is approximately 3840 sqft. These two units combined come to the VERY large total of4560 SQFT!!! Building comes with 3 total parking spaces and ample street parking. Tenants currently pay rents below market value; however, the property shows an amazing potential for future development. Dont miss this excellent chance to invest in this VERY large two unit commercial property located in the developing area of North Long Beach. BUYER TO VERIFY ALL INFORMATION IN THIS LISTING. CALL NOW!
Exterior Features

Lot Features Near Public Transit

Interior Features

Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 5.36 Common Interest None Gross Scheduled Income 51600 Laundry Features None Listing Agreement Exclusive Right To Sell Net Operating Income 45017 Operating Expense 6583 Property Sub Type Retail Special Listing Conditions Standard Tax Year 2016 Water Source Public Zoning Retail



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-07T00:31:17.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505
Listing Agent(s): Bing Wu of Lou Edwards Financial Inc. (949-870-2882) and Anthony Mangahis Labao of ()