Long Beach CA Real Estate & Commercial for Sale

157 Properties Found

The median home value in Long Beach, CA is $790,000. This is equal to the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Long Beach, CA is $790,000. Approximately 39% of Long Beach homes are owned, compared to 55% rented, while 6% are vacant. Long Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Long Beach real estate agent to arrange a tour today!
Learn more about Long Beach.


1–25 of 157 properties displayed
Refine Property Search
Page 1 | 2 | 3 | 4 | 5 | 6 | 7 of 7    Prev | Next
Beds:
n/a
Baths:
Sq.Ft.:
6,077
Status:
NEW LISTING
MLS#:
CROC24085405
Type:
Business Opportunities
Lot size:
0.22 Acres
Year built:
1973
A broker reciprocity listing Courtesy: Mark Bridge - Mark Bridge, Broker Mark Bridge [email protected]
View additional info

First time on the market since 1973, these 8 garden-style two-story walkup apartment units are located in the highly desirable area of Bluff Heights at 245 Temple Avenue in Long Beach, California. This asset is situated adjacent to 2nd Street near shopping, restaurants, entertainment & excellent employment opportunities. 245 Temple Avenue offers the rare opportunity to acquire an asset with an attractive current cap rate that still provides substantial value-add through the completion of an interior renovation and realistic rental upside. The property has a Walk Score of 92 and a Bike Score of 90 making it a walkers and Bikers Paradise.

Beds:
n/a
Baths:
Sq.Ft.:
3,250
Status:
NEW LISTING
MLS#:
CRSB24086970
Type:
Business Opportunities
Lot size:
0.08 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Brett Lyon - Lyon Stahl Investment Real Estate, Inc. Brett Lyon [email protected]
View additional info

1830 W Willow Street is a 3,250 SF 6-Unit property on a 3,618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies. Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases. It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach With its premier location, current income, and immediate upside, 1830 W Willow Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.

Beds:
n/a
Baths:
Sq.Ft.:
3,992
Status:
NEW LISTING
MLS#:
CRSB24072243
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. Cameron Samimi [email protected]
View additional info

Great Cash-Flow Deal! Located just outside of booming Downtown Long Beach, 1409 Magnolia Ave is a well-maintained 6 unit building with a high yielding unit mix of (3) 3Bed/1Bath, (2) 2Bed/1Bath, and (1) 1Bed/1Bath units. The property currently grosses $13,516/month and operates at a 6.85% CAP and 10.45 GRM. 1409 Magnolia Ave is the ideal investment for investor looking for day 1 cash-flow with significant upside in rental income. The subject property is located just outside the $6 Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Project, CSULB Downtown Village, Broadway Block, the Pacific and Queen Mary Island.

Beds:
n/a
Baths:
Sq.Ft.:
2,000
Status:
NEW LISTING
MLS#:
CROC24086803
Type:
Mixed Use, Business Opportunities
Lot size:
1.59 Acres
Year built:
1969
A broker reciprocity listing Courtesy: Benny Huynh - Advance Estate Realty Benny Huynh [email protected]
View additional info

Welcome to 201 PCH, a premier real estate development project strategically located in the thriving city of Long Beach. This meticulously planned mixed-use development offers investors and developers a rare opportunity to acquire a fully entitled project, eliminating entitlement risk and reducing carrying costs. Situated in an Opportunity Zone designation, 201 PCH provides significant tax advantages for long-term real estate investors, including the deferral and potential elimination of capital gains tax. Key Features: Entitlements and Approved Plans: With entitlements secured and existing architectural plans in place, 201 PCH streamlines the development process, saving time and resources. Developers can seamlessly move forward with construction, maximizing efficiency and profitability. Strategic Location: Nestled at the corner of Pacific Coast Hwy and Pacific Ave, 201 PCH enjoys prime visibility and accessibility in the heart of Long Beach. Spanning 1.59 acres across four parcels of land, the project offers ample space for residential and commercial development. Mixed-Use Concept: Boasting 182,000 sqft of residential and commercial spaces, 201 PCH features two/five-story multi-level mixed-use buildings. The residential component comprises 138 meticulously designed units, inc

Beds:
n/a
Baths:
Sq.Ft.:
2,000
Status:
NEW LISTING
MLS#:
OC24086803
Type:
Mixed Use, Business Opportunities
Lot size:
1.59 Acres
Year built:
1969
Listing Agent: Benny Huynh CalDRE: 01756802 - Advance Estate Realty, 714-757-6283 Benny Huynh CalDRE: 01756802
View additional info

Welcome to 201 PCH, a premier real estate development project strategically located in the thriving city of Long Beach. This meticulously planned mixed-use development offers investors and developers a rare opportunity to acquire a fully entitled project, eliminating entitlement risk and reducing carrying costs. Situated in an Opportunity Zone designation, 201 PCH provides significant tax advantages for long-term real estate investors, including the deferral and potential elimination of capital gains tax.Key Features:Entitlements and Approved Plans: With entitlements secured and existing architectural plans in place, 201 PCH streamlines the development process, saving time and resources. Developers can seamlessly move forward with construction, maximizing efficiency and profitability.Strategic Location: Nestled at the corner of Pacific Coast Hwy and Pacific Ave, 201 PCH enjoys prime visibility and accessibility in the heart of Long Beach. Spanning 1.59 acres across four parcels of land, the project offers ample space for residential and commercial development.Mixed-Use Concept: Boasting 182,000 sqft of residential and commercial spaces, 201 PCH features two/five-story multi-level mixed-use buildings. The residential component comprises 138 meticulously designed units, including a mix of studio, two-bedroom, and three-bedroom apartments, catering to diverse lifestyles and preferences.Premium Amenities: Residents will enjoy an array of amenities, including a market & storage area, business center, fitness facilities, lobby, leasing office, and utility storage area. The project prioritizes convenience and quality of life, creating an exceptional living environment for tenants.Parking Convenience: With four parking levels, including two levels of subterranean parking, 201 PCH offers ample parking spaces for residents and visitors. A total of 258 parking spaces, including provisions for electric vehicles and bicycle parking, enhance accessibility and sustainability.Invest with Confidence:201 PCH presents a compelling investment opportunity for those seeking to capitalize on the booming real estate market in Long Beach. With entitlements secured, strategic location, and tax incentives within reach, this project promises long-term growth and profitability for investors.Contact Us Today:Don't miss out on this prime real estate opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
840
Status:
NEW LISTING
MLS#:
CRCV24085999
Type:
Retail, Business Opportunities
Lot size:
0.11 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Taffy Bishara - RE/MAX OLYMPIC Taffy Bishara [email protected]
View additional info

An extraordinary retail space is now on offer for purchase along the vibrant stretch of Atlantic Avenue, strategically positioned to the left of the bustling CVS Market. This presents an unparalleled opportunity for small businesses or developers to harness the full spectrum of benefits this location affords. The property is being offered in its current condition, with no further alterations planned by the current owners. Prospective buyers are encouraged to engage directly with the city to obtain precise information on the potential this property holds, ensuring a comprehensive understanding of the opportunities available.

Beds:
n/a
Baths:
Sq.Ft.:
840
Status:
NEW LISTING
MLS#:
CV24085999
Type:
Retail, Business Opportunities
Lot size:
0.11 Acres
Year built:
1968
Listing Agent: Taffy Bishara CalDRE: 00916468 - RE/MAX OLYMPIC, 626-991-7787 Taffy Bishara CalDRE: 00916468
View additional info

An extraordinary retail space is now on offer for purchase along the vibrant stretch of Atlantic Avenue, strategically positioned to the left of the bustling CVS Market. This presents an unparalleled opportunity for small businesses or developers to harness the full spectrum of benefits this location affords.The property is being offered in its current condition, with no further alterations planned by the current owners. Prospective buyers are encouraged to engage directly with the city to obtain precise information on the potential this property holds, ensuring a comprehensive understanding of the opportunities available.

Beds:
n/a
Baths:
Sq.Ft.:
9,272
Status:
Active
MLS#:
CRPW24084104
Type:
Office, Business Opportunities
Lot size:
0.39 Acres
Year built:
1978
A broker reciprocity listing Courtesy: Juan Huizar - Sage Real Estate Juan Huizar [email protected]
View additional info

Sage Real Estate Group and Coldwell Banker Commercial are pleased to present the property at 3626 E. PCH available for sale. The ground floor and third floor are currently vacant. The 2nd floor is currently owner occupied. The owner can stay as a tenant on a short term lease and can relocate at the close of escrow. The property has great visibility, is on a high traffic corridor, and has ample parking available (34 parking stalls). The 3rd floor has great views of the City along with direct access to a large balcony. There is also a small patio located on the ground floor facing the parking lot. This is the perfect owner/user property located near Kaiser Hospital.

Beds:
n/a
Baths:
Sq.Ft.:
9,272
Status:
Active
MLS#:
PW24084104
Type:
Office, Business Opportunities
Lot size:
0.39 Acres
Year built:
1978
Listing Agent: Juan Huizar CalDRE: 01417642 - Sage Real Estate, 562-307-0838 Juan Huizar CalDRE: 01417642
View additional info

Sage Real Estate Group and Coldwell Banker Commercial are pleased to present the property at 3626 E. PCH available for sale. The ground floor and third floor are currently vacant. The 2nd floor is currently owner occupied. The owner can stay as a tenant on a short term lease and can relocate at the close of escrow. The property has great visibility, is on a high traffic corridor, and has ample parking available (34 parking stalls). The 3rd floor has great views of the City along with direct access to a large balcony. There is also a small patio located on the ground floor facing the parking lot. This is the perfect owner/user property located near Kaiser Hospital.

Beds:
n/a
Baths:
Sq.Ft.:
4,262
Status:
Active
MLS#:
CRPW24082445
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Michael Hickman - Seven Gables Real Estate Michael Hickman [email protected]
View additional info

Welcome to this charming 7-unit apartment building nestled in the heart of downtown Long Beach! Built in 1922, this classic architectural gem offers a unique value-add investment opportunity for those looking to reimagine its potential. With a total of 7 units spread across 4,262 square feet, this property presents a mix of 6 cozy studio units and one spacious 1-bedroom, 1-bathroom unit. Each studio unit offers a comfortable living space, ideal for urban dwellers seeking simplicity and convenience. The one 1-bedroom unit provides a touch of luxury with additional space and privacy, perfect for a small family or a couple looking for a little extra room. This historic building exudes character with its timeless architecture, showcasing the charm of a bygone era. From the elegant facade to the intricate detailing, this property captures the essence of classic Long Beach architecture. While the building retains its historic charm, it is in need of updating and renovation, offering a blank canvas for investors to create a modern oasis in a prime downtown location. Situated in downtown Long Beach, residents will enjoy easy access to a vibrant array of dining, entertainment, and cultural attractions. With its proximity to public transportation, major highways, and bustling city life, th

Beds:
n/a
Baths:
Sq.Ft.:
6,240
Status:
Active
MLS#:
CL24383887
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1986
A broker reciprocity listing Courtesy: Jonathan Swire - The Agency Jonathan Swire [email protected]
View additional info

8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Priced at 12.5 GRM and a 4.8% CAP with upside to a 6.4% CAP. Built in 1986 the property is professionally managed and well maintained. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite laundry. There is onsite laundry onsite. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Email LA for more information including a current Rent Roll and actual expenses.

Beds:
n/a
Baths:
Sq.Ft.:
4,226
Status:
Active
MLS#:
CL24383871
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1941
A broker reciprocity listing Courtesy: Jonathan Swire - The Agency Jonathan Swire [email protected]
View additional info

9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Priced at 11.6 GRM and a 5.4% CAP with upside to a 6.1% CAP. VERY WELL MAINTAINED. Solid Eastside location in Long Beach. Most interiors have been updated (new kitchen cabinets, flooring, bath tile, fixtures, etc.) and property is professionally managed and well maintained. The property features multiple structures, meaning many units do not have common walls on all sides making the units more private. There are 3 garages in the rear as well as 2 surface spaces. Currently management is not charging for parking, but new ownership could. Spaces in Long Beach are at a premium and are worth $125-150/month - this could increase income by $700/month. The 2 bed unit in the rear has 2 outdoor patios attached to it. Every unit has it's own hot water heater. There is onsite laundry onsite. The electrical is General Electric - it's a 200 AMP main panel with 50 AMP subpanels (Buyer to verify). Email LA for more information including actual expenses and a current Rent Roll.

Beds:
n/a
Baths:
Sq.Ft.:
4,892
Status:
Active
MLS#:
CL24383333
Type:
Business Opportunities
Lot size:
0.12 Acres
Year built:
1948
A broker reciprocity listing Courtesy: John Levis - Wydown Partners Inc. John Levis [email protected]
View additional info

Excellent Location - located in the most desirable rental location in Long Beach, walking distance from renowned 2nd St. Rare opportunity to invest in a turn key legacy property are in Belmont Shore. This is a true pride of ownership property with modern kitchens and bathrooms. Plumbing and electrical systems have both been upgraded.

Beds:
n/a
Baths:
Sq.Ft.:
7,578
Status:
Active
MLS#:
CRPW24078478
Type:
Mixed Use, Business Opportunities
Lot size:
0.17 Acres
Year built:
1927
A broker reciprocity listing Courtesy: Chaneece Trotter - eXp Realty of Southern Ca, Inc Chaneece Trotter [email protected]
View additional info

Super Coin Laundry with a high return. Located on a busy intersection off of Pacific Ave and Pacific Coast Highway. 3 Bed 1 bath apartment on second level of business with 10 parking spaces. Also includes an extra large storage space.

Beds:
n/a
Baths:
Sq.Ft.:
7,578
Status:
Active
MLS#:
PW24078478
Type:
Mixed Use, Business Opportunities
Lot size:
0.17 Acres
Year built:
1927
Listing Agent: Chaneece Trotter CalDRE: 02172401 - eXp Realty of Southern Ca, Inc Chaneece Trotter CalDRE: 02172401
View additional info

Super Coin Laundry with a high return. Located on a busy intersection off of Pacific Ave and Pacific Coast Highway. 3 Bed 1 bath apartment on second level of business with 10 parking spaces. Also includes an extra large storage space.

Beds:
n/a
Baths:
Sq.Ft.:
2,841
Status:
Active
MLS#:
CRPW24080350
Type:
Mixed Use, Business Opportunities
Lot size:
0.17 Acres
Year built:
1909
A broker reciprocity listing Courtesy: Jocelyn Thav - Jocelyn Thav, Broker Jocelyn Thav [email protected]
View additional info

Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached back house is also a Large 1bedroom-1bathroom with dinning area, front yard and backyard; this house has room add additional square footage possibly turning into a 2 bedroom and also converting the garage into a Junior ADU. Please verify with city of Long Beach. These units have a 5 car garage off alley. Central courtyard for entertaining. A few blocks to the ocean. Live in one unit and let the other units help cover your mortgage. Freshly painted, quiet area, great neighborhood! A Rare find. Maybe eligible for SBA 7a Loan or SBA 504 loan with 10% down.

Beds:
n/a
Baths:
Sq.Ft.:
2,841
Status:
Active
MLS#:
PW24080350
Type:
Mixed Use, Business Opportunities
Lot size:
0.17 Acres
Year built:
1909
Listing Agent: Jocelyn Thav CalDRE: 01464845 - Jocelyn Thav, Broker, 562-787-3243 Jocelyn Thav CalDRE: 01464845
View additional info

Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached back house is also a Large 1bedroom-1bathroom with dinning area, front yard and backyard; this house has room add additional square footage possibly turning into a 2 bedroom and also converting the garage into a Junior ADU. Please verify with city of Long Beach. These units have a 5 car garage off alley. Central courtyard for entertaining. A few blocks to the ocean. Live in one unit and let the other units help cover your mortgage. Freshly painted, quiet area, great neighborhood! A Rare find. Maybe eligible for SBA 7a Loan or SBA 504 loan with 10% down.

Beds:
n/a
Baths:
Sq.Ft.:
804
Status:
Active
MLS#:
CRPW24080021
Type:
Office, Business Opportunities
Lot size:
0.12 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Linda Ethier - Linda Ethier, Broker Linda Ethier [email protected]
View additional info

Busy corner of Anaheim St & Lemon Ave. Building is currently used as an office for a travel agency and allows for tons of parking. Main building features an open floor space with high ceilings, tons of updated windows, 2 storage spaces, and a utility washroom. Huge, gated lot with ample space to play with. There are tons of new developments popping up in the area making this a prime location now, and for years to come.

Beds:
n/a
Baths:
Sq.Ft.:
804
Status:
Active
MLS#:
PW24080021
Type:
Office, Business Opportunities
Lot size:
0.12 Acres
Year built:
1965
Listing Agent: Linda Ethier CalDRE: 00669385 - Linda Ethier, Broker, 562-833-3626 Linda Ethier CalDRE: 00669385
View additional info

Busy corner of Anaheim St & Lemon Ave. Building is currently used as an office for a travel agency and allows for tons of parking. Main building features an open floor space with high ceilings, tons of updated windows, 2 storage spaces, and a utility washroom. Huge, gated lot with ample space to play with. There are tons of new developments popping up in the area making this a prime location now, and for years to come.

Beds:
n/a
Baths:
Sq.Ft.:
4,714
Status:
Active
MLS#:
CRPW24079844
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1964
A broker reciprocity listing Courtesy: Kevin King - Marcus & Millichap Kevin King [email protected]
View additional info

We are pleased to present a 6-unit multifamily property. Built in 1964, the subject property consists of 4,714 rentable square feet spread throughout a 5,851 square foot lot. The building consists of two 1-Bedroom / 1-Bathroom units, three 2-Bedroom / 1-Bathroom units, and one 3-Bedroom / 1 Bathroom unit. It contains 10 parking spaces providing ample on-site parking. Tenants enjoy living in the Greenbelt Heights Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains

Beds:
n/a
Baths:
Sq.Ft.:
5,356
Status:
Active
MLS#:
CROC24077224
Type:
Mixed Use, Business Opportunities
Lot size:
0.27 Acres
Year built:
1942
A broker reciprocity listing Courtesy: Benny Huynh - Advance Estate Realty Benny Huynh [email protected]
View additional info

AMAZING COMMERCIAL INCOME OPPORTUNITY! 1101-1109 Atlantic, prime corner lot in downtown Long Beach. A developer's dream, 2 separate buildings in one lot, 5 units 1 bed/1 bath each, 1 studio and a duplex with 2 beds/1 bath. Totaled of 8 units on the first parcel and the second parcel has a 3 beds/ 2 baths house. 2 separate parcels will be sold as one. Building is right across from Dignity Health St. Mary Medical hospital. Close to shopping plaza, plenty of authentic restaurants, and freeways. Steady fix and potential growth rental income yearly. Opportunity to develop the 2 parcels into a 4-5 stories apartment building that could produce a huge income profit.

Beds:
n/a
Baths:
Sq.Ft.:
5,356
Status:
Active
MLS#:
OC24077224
Type:
Mixed Use, Business Opportunities
Lot size:
0.27 Acres
Year built:
1942
Listing Agent: Benny Huynh CalDRE: 01756802 - Advance Estate Realty, 714-757-6283 Benny Huynh CalDRE: 01756802
View additional info

AMAZING COMMERCIAL INCOME OPPORTUNITY! 1101-1109 Atlantic, prime corner lot in downtown Long Beach. A developer's dream, 2 separate buildings in one lot, 5 units 1 bed/1 bath each, 1 studio and a duplex with 2 beds/1 bath. Totaled of 8 units on the first parcel and the second parcel has a 3 beds/ 2 baths house. 2 separate parcels will be sold as one. Building is right across from Dignity Health St. Mary Medical hospital. Close to shopping plaza, plenty of authentic restaurants, and freeways. Steady fix and potential growth rental income yearly. Opportunity to develop the 2 parcels into a 4-5 stories apartment building that could produce a huge income profit.

Beds:
n/a
Baths:
Sq.Ft.:
3,265
Status:
Active
MLS#:
CRPW24077954
Type:
Mixed Use, Business Opportunities
Lot size:
0.19 Acres
Year built:
1961
A broker reciprocity listing Courtesy: Jocelyn Thav - Jocelyn Thav, Broker Jocelyn Thav [email protected]
View additional info

A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer at 6.24% cap rate. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs. The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior of the building. Low management. Business is also for sale: Per tenant, gross over $500,000 yearly and sale price is $500K. The residential units have all been renovated with vinyl and tile flooring, all except one have new kitchen cabinets and quartz countertop and brand new vinyl, retrofit, dual glazed, low E windows. Building has also been freshly painted exterior. All great tenants and great relationship with Landlord. Landlord only pays water and landscaping. Low expenses. Residential address is 1709 W 25th Street, Long Beach, CA 90810. This property is self managed by owners with ease for over 10years with almost no vacancy in the last 10years. No shortage of renters for the area. Maybe eligible for SBA 7a Loan or SBA 504 loan with 10% down.

Beds:
n/a
Baths:
Sq.Ft.:
3,265
Status:
Active
MLS#:
PW24077954
Type:
Mixed Use, Business Opportunities
Lot size:
0.19 Acres
Year built:
1961
Listing Agent: Jocelyn Thav CalDRE: 01464845 - Jocelyn Thav, Broker, 562-787-3243 Jocelyn Thav CalDRE: 01464845
View additional info

A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer at 6.24% cap rate. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs.The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior of the building. Low management. Business is also for sale: Per tenant, gross over $500,000 yearly and sale price is $500K.The residential units have all been renovated with vinyl and tile flooring, all except one have new kitchen cabinets and quartz countertop and brand new vinyl, retrofit, dual glazed, low E windows. Building has also been freshly painted exterior. All great tenants and great relationship with Landlord. Landlord only pays water and landscaping. Low expenses. Residential address is 1709 W 25th Street, Long Beach, CA 90810.This property is self managed by owners with ease for over 10years with almost no vacancy in the last 10years. No shortage of renters for the area. Maybe eligible for SBA 7a Loan or SBA 504 loan with 10% down.

Beds:
n/a
Baths:
Sq.Ft.:
8,720
Status:
Active
MLS#:
CRPW24077362
Type:
Business Opportunities
Lot size:
0.28 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Kevin King - Marcus & Millichap Kevin King [email protected]
View additional info

We are pleased to present a 14 unit apartment building located at 1045 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of 8,720 rentable square feet spread throughout a 11,980 square foot lot. It was built in 1922 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 5 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.

Refine Property Search
Page 1 | 2 | 3 | 4 | 5 | 6 | 7 of 7    Prev | Next
1–25 of 157 properties displayed

Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/3/2024.

crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

How may I help you?

Get property information, schedule a showing or find an agent






We respect your privacy