5440 Long Beach BoulevardLong Beach, CA 90805
SqFt
4,560
$840,000
Description
Incredible opportunity to purchase this two unit commercial retail unit located near the popular adjacent areas of Bixiby Knolls and Lakewood. Located in the northern part of Long Beach, the subject property has excellent visibility off the bustling intersection of Long 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 of 4560 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. Don’t 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!Contact - Listing ID WS19035258
Jignesh Patel
Property Details for 5440 Long Beach Boulevard
StatusActive Under Contract
Price/SqFt$184.21
SqFt
4,560
CountyLos Angeles
Year Built1928
Property TypeCommercial Sale
Property Sub TypeRetail
Primary Features
County
Los Angeles
Price/SqFt
184.21
Property Sub Type
Retail
Property Type
Commercial Sale
Year Built
1928
Zoning
Retail
Interior
Building Area Units
Square Feet
Condo Area Units
Square Feet
Heating
yes
Heating Type
Forced Air
Laundry Features
None
Stories Total
1
External
Lot Size Source
Assessor
Minimum Total Area Units
Square Feet
Water Source
Public
Location
Country
US
MLS Area Major
7 - North Long Beach
Additional
Additional Parcels
no
Building Status
Existing
Co List Agent State License
02008739
Co List Office State License
01891056
Days On Market
1687
Land Use
Retail
List Agent State License
01372900
List Office State License
01891056
Max Total Area Units
Square Feet
Number Of Units Total
2
Parcel Number
7126027029
Financial
Accounting Type
Actual
Cap Rate
5.36
Effective Gross
51600
Gross Scheduled Income
51600
Net Operating Income
45017
Operating Expense
6583
Other Income 1
1000
Special Listing Conditions
Standard
Tax Year
2016
Zoning Info
Local Information
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Realty One Group United or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Similar Listings
Contact - Listing ID WS19035258
Jignesh Patel
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