3401 Pacific PlaceLong Beach, CA 90806

SqFt 4,100

Description

Rare Commercial Property for sale in Long Beach! Commercial property consist of donut shop, coin laundry, and restaurant. Donut shop - 950 sqft, has a 5 year lease and pays $2850 a month for rent. Coin Laundry - 2200 sqft, pays $4500 for rent and must be purchased with the property. Restaurant - 950 sqft - on a month to month lease, and pays $3000 for rent. Annual gross is $124,200. Annual expense is $32,182. Annual net is $92,000. 3.3% cap rate. Conveniently located on the corner of Wardlow Rd and Pacific Place. Ample parking. Minutes away from 405 and 710 freeway.

Contact - Listing ID WS22183454


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Jignesh Patel

9001 Firestone Boulevard, 2nd Floor
Downey, CA 90241
Phone: 2134532572
Phone Alt: 2134532572

Property Details for 3401 Pacific Place

StatusActive
Price/SqFt$670.73
SqFt 4,100
CountyLos Angeles
Year Built1987
Property TypeCommercial Sale
Property Sub TypeRetail

Local Information


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Listed by: CHRISTINE CHENG, DRE #01991087 from KELLER WILLIAMS SIGNATURE RLTY 626-964-5500

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Contact - Listing ID WS22183454


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Jignesh Patel

9001 Firestone Boulevard, 2nd Floor
Downey, CA 90241
Phone: 2134532572
Phone Alt: 2134532572
Data services provided by IDX Broker