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2109 Pacific Avenue

Long Beach, CA 90806
  • $1,300,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: PW21253519
UPDATED: 10 min ago
$1,300,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Juan Huizar of Sage Real Estate (000-000-0000) and Caleb Baldwin of Sage Real Estate(000-000-0000)


Description

We are pleased to present 2109-2115 Pacific Ave. This retail building is in a prime location on the intersection of Pacific Ave. and 21st St. and is an amazing investment opportunity for any investor. This property is situated on a large 9,407 SF lot with a building area of 4,519 SF and is zoned CNP which is one of the most flexible zoning codes allowing for a plethora of uses. 2109-2115 Pacific Avenue consists of four storefront commercial spaces, five storage units, and five garage units. Located within the opportunity zone providing tax incentives for investors. The current tenants include a Church, cookware store, a beauty salon, and a bar. All tenants have been there for years and are current on their rent.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-22T23:25:22.463. 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/123553110
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2109 Pacific Avenue Long Beach, CA 90806

  • Price: $1,300,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 10 min ago
  • ID#: PW21253519
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1947
Built
Neighborhood:
5 - Wrigley Area
County:
Los Angeles
Area:
5 - Wrigley Area
Property Description
We are pleased to present 2109-2115 Pacific Ave. This retail building is in a prime location on the intersection of Pacific Ave. and 21st St. and is an amazing investment opportunity for any investor. This property is situated on a large 9,407 SF lot with a building area of 4,519 SF and is zoned CNP which is one of the most flexible zoning codes allowing for a plethora of uses. 2109-2115 Pacific Avenue consists of four storefront commercial spaces, five storage units, and five garage units. Located within the opportunity zone providing tax incentives for investors. The current tenants include a Church, cookware store, a beauty salon, and a bar. All tenants have been there for years and are current on their rent.
Exterior Features

Lot Features 2-5 Units/AcreFlat Open Parking Spaces 6 Parking Total 6 Roof Flat Topography Level

Interior Features

Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 6.02 Common Interest None Gross Scheduled Income 100500 Insurance Expense 4226 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 78274 Number Of Units Leased 4 Operating Expense 20726 Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 16250 Trash Expense 250 Water Source Public Zoning Cnp



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-22T23:25:22.463. 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): Juan Huizar of Sage Real Estate (000-000-0000) and Caleb Baldwin of Sage Real Estate(000-000-0000)