3401 Pacific PlaceLong Beach, CA 90806
SqFt
4,100
$2,750,000
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
Jignesh Patel
Property Details for 3401 Pacific Place
StatusActive
Price/SqFt$670.73
SqFt
4,100
CountyLos Angeles
Year Built1987
Property TypeCommercial Sale
Property Sub TypeRetail
Primary Features
County
Los Angeles
Price/SqFt
670.73
Property Sub Type
Retail
Property Type
Commercial Sale
Year Built
1987
Interior
Building Area Units
Square Feet
Condo Area Units
Square Feet
Laundry Features
None
External
Lot Size Source
Assessor
Minimum Total Area Units
Square Feet
Number Of Buildings
1
Water Source
Public
Location
Country
US
MLS Area Major
5 - Wrigley Area
Additional
Additional Parcels
no
Asset Class
Retail
Building Status
Existing
Days On Market
128
Land Use
Retail
List Agent State License
01991087
List Office State License
01884917
Max Total Area Units
Square Feet
Number Of Units Leased
3
Number Of Units Total
3
Parcel Number
7204006049
Financial
Accounting Type
Actual
Current Financing
Conventional
Gross Scheduled Income
124200
Investment Property
yes
Net Operating Income
92018
Operating Expense
32182
Special Listing Conditions
Standard
Zoning Info
Local Information
© 2023. 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 Tuesday, February 7th, 2023.
Based on information from CARETS as of Tuesday, February 7th, 2023 06:20:17 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 Tuesday, February 7th, 2023 06:20:17 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 WS22183454
Jignesh Patel
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