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2016 Pacific Avenue

Long Beach, CA 90806
  • $1,200,000
  • STATUS: Active
  • ON SITE: 91 Days
  • ID#: PW21234619
UPDATED: 37 min ago
$1,200,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Huy Pham of Superior Real Estate Group (714-895-2222)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T21:28:48.753. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/122774337
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2016 Pacific Avenue Long Beach, CA 90806

  • Price: $1,200,000
  • Status: Active
  • On Site: 91 Days
  • Updated: 37 min ago
  • ID#: PW21234619
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1946
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
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.
Exterior Features

Lot Features Back YardNear Public TransitPavedValue In Land

Property Features

Additional Parcels YN No Business Type Convenience StoreLiquor StoreMixedMulti-TenantParkingRecreationRestaurantRetailShowroomSingle-TenantStand-AloneSpecial Use Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashCash To Existing LoanCash To New LoanConventional Property Sub Type Retail Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T21:28:48.753. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Huy Pham of Superior Real Estate Group (714-895-2222)