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Key Details
Sold Price $1,025,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21234619
Sold Date 04/28/22
HOA Y/N No
Year Built 1946
Property Sub-Type Retail
Property Description
NEW RFEDUCE PRICE TO SELL QUICK. Prime Retail / Office Building in the Wrigley Area of Long Beach. This building is perfect for an Investor or a Owner User. It is also a great property for a 1031 Exchange or a SBA loan with 10% Down. It has a lot of upside potential due to the constant changes in the area. The property originally had 3 suites but two suite have been converted into one larger suite (but can easily be converted back). The big suite has been used as a Mexican Bakery for over 20 years. The Bakery has left and all space is now vacant. The property also has a private gated parking lot in the back. Owner has spent over 100k renovation. Property also located the MJ Hemp zone which allow tons of business opportunity. Please check with the city Long Beach for all zoning and usage.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Lot Description Back Yard, Near Public Transit, Paved, Value In Land
Water Public
Others
Tax ID 7209019013
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Charles Henderson BHRG
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