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Listed by Manuel Fierros • Ontrak Real Estate
$ 1,399,000
Est. payment /mo
Price Dropped by $200K
Long Beach, CA 90805
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-26155555
Year Built 1946
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare opportunity to acquire two separate mixed-use properties featuring a blend of commercial and residential income-producing units. Property One includes a commercial building currently operating as a real estate office, a detached 2-bedroom house in the rear, and a dedicated side parking lot. Property Two features a commercial storefront currently occupied by a flower shop, a 1-bedroom, 1-bath house, and a brand-new, fully permitted 2-bedroom, 2-bath ADU. Together, the properties offer five well-maintained income-producing units in excellent condition, presenting an outstanding opportunity for investors or owner-users seeking strong cash flow and long-term upside. Conveniently located in North Long Beach, the property offers easy access to the Bixby Knolls shopping and dining district, major freeways, Long Beach Airport, the Port of Long Beach, and Downtown Long Beach. A rare opportunity to own a versatile mixed-use asset in a centrally located, high-demand area.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Interior
Laundry See Remarks
Building
Lot Description Level, Near Public Transit