Listed by CHRISTINE CHENG, KELLER WILLIAMS SIGNATURE RLTY,

3401 Pacific Place

Long Beach, CA, 90806

$2,750,000

$670 per ft²
$2,750,000
$670 per ft²
Active
Active
 - For Sale
carpenters-square
4,100 ft²
property_type
Commercial
calendar
Built 1987
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.
MLS® ID:
WS22183454
Listed:
8/18/22
Updated:
9/29/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None

Exterior/Building Features

Lot Size
0.31 acres lot
Lot Details
Corner Lot

Other Property Details

Area Name
5 - Wrigley Area
Garage
No
Parking
N
View
N
County
Los Angeles
Water Source
Public
Pool
No

 

Listed by CHRISTINE CHENG, KELLER WILLIAMS SIGNATURE RLTY,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/29/22. This information 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.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:52 PM UTC, 9/29/22

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