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    1449 W Pacific Coast

    Long Beach, CA 90810
    • $1,250,000
    • STATUS: Active
    • ON SITE: 171 days
    • ID#: PW20013661
    UPDATED: 47 min ago
    $1,250,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,763
      SQFT
    • $332
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Fantastic investment opportunity, LOCATION! LOCATION! and LOCATION! It is located on PCH and Harbor Ave. Closed to Long Beach Harbor. Long Beach Police-West Division are located with 1 mile. Zero vacancy rate in last 18 months. Paid-off solar system makes reduced electric bill. It has 2 buildings, 1 building unit of Commercial/Retail and other building has 4 residential units consist of 2 units of 1 bed 1 bath, 2 units of studio. Residential units have 1 garage space for each unit. Small private office with storage area in a market building.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-10T12:27:59.287. 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 Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/102444319
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    1449 W Pacific Coast Long Beach, CA 90810

    • Price: $1,250,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: PW20013661
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,763
    SQFT
    $332
    $/SQFT
    1940
    Built
    Neighborhood:
    11 - Westside
    County:
    Los Angeles
    Area:
    11 - Westside
    Property Description
    Fantastic investment opportunity, LOCATION! LOCATION! and LOCATION! It is located on PCH and Harbor Ave. Closed to Long Beach Harbor. Long Beach Police-West Division are located with 1 mile. Zero vacancy rate in last 18 months. Paid-off solar system makes reduced electric bill. It has 2 buildings, 1 building unit of Commercial/Retail and other building has 4 residential units consist of 2 units of 1 bed 1 bath, 2 units of studio. Residential units have 1 garage space for each unit. Small private office with storage area in a market building.
    Exterior Features

    Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features Common Area

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class Multi-FamilyRetail Building Area Units Square Feet Building Status Existing Business Type Retail Cap Rate 5.15 Country Us Gross Scheduled Income 86160.00 Investment Property YN Yes Land Lease YN No Land Use Multi-FamilyRetail Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 64410.00 Number Of Units Leased 5 Property Sub Type Retail Retail Center Type Grocery Anchor Special Listing Conditions Standard Tax Year 2020 Total Expenses 18303.00 Vacancy Allowance Rate 4.00 Water Source Public Zoning Lbchw

    Listing provided courtesy of Simon Cho of New Star Realty & Investment and Jooyoung Elena Lee of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-10T12:27:59.287. 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 Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
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