$840,000 5440 Long Beach Boulevard Long Beach, CA

MLS: WS19035258   Type: Contingent   County: Los Angeles   City: Long Beach   Area: North Long Beach   Zip: 90805   Style: Retail     Stories: 1

Mortgage $3,944 /mo



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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!

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Price History

2/27/2019 Listed $840,000

Additional Parcels Y/N No
Co-Listing Agent State License # 02008739
Co-listing Agent Anthony Mangahis Labao - BRE#02008739
Heating Forced Air
Listing Agent BING WU - BRE#01372900
Listing Agent State License 01372900
MLS Area 7 - North Long Beach
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active Under Contract
Total Units 2
Zoning Retail

Interior Features

Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Features Near Public Transit
Lot Size Acres 0.12
Lot Size Area 5157
Lot Size Source Assessor
Lot Size Square Feet 5157
Lot Size Units Square Feet
Water Source Public

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Property vs Zip Code Avg (90805)

Price 840K Avg 738K

Acres 0.118388 Avg 0.14

Visits 125 Avg 84

Days on Site 963 Avg 123

Walkscore® 78 Avg 70

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: BING WU with LOU EDWARDS FINANCIAL INC. - 562-528-6266

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA