Long Beach, CA 90803 5751 E Pacific Coast Hwy #E3

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Presented By: Khuong Nguyen with Frontier Realty Inc; 714-725-2660
  • MLS# PW24051488
  • 03/19/2024
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Home Details

Just lowed purchase price from $250,000 to $100,000 Pho & Crawfish House benefits from a prime location in Bixby Village Plaza, drawing in approximately 44,800 weekly visitors, ensuring visibility to locals and passersby. With a huge parking lot to serve your clients. Situated near high-traffic intersections such as 7th Street, Bellflower Boulevard, and Pacific Coast Highway, the restaurant attracts commuters, travelers, and locals, with significant vehicle traffic of approximately 95,000 and 60,000 cars daily. Proximity to Target and the VA Medical Center, serving 2,200 employees and 50,000 veterans, enhances the restaurant's appeal. It's strategically positioned for convenience, catering to diverse clientele. Close proximity to California State University, Long Beach, with a sizable student population of around 40,000, offers a steady stream of customers seeking quality dining options. Minutes away from Belmont Shore, renowned for its vibrant atmosphere and dining options, Pho & Crawfish House serves as an attractive destination for residents and visitors alike. Prospective buyers have the opportunity to reimagine the restaurant's concept, leveraging its prime location and existing infrastructure for culinary innovation. Following a successful 2022 renovation resulting in increased sales and profits, Pho & Crawfish House is poised for continued growth and prosperity under new ownership, with the option to acquire existing assets. In summary, Pho & Crawfish House's prime location, strategic positioning, adjacency to key establishments, proximity to educational institutions, convenience to Belmont Shore, flexibility for concept change, and post-renovation success make it an appealing investment opportunity in Long Beach's dynamic dining scene.
Presented By: Khuong Nguyen with Frontier Realty Inc; 714-725-2660

Interior Features for 5751 E Pacific Coast Hwy #E3

Other Interior Features

SeatingCapacity82
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo

General for 5751 E Pacific Coast Hwy #E3

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Building NameBixby Village Plaza
Business TypeRestaurant
Carport Y/NNo
CityLong Beach
CountyLos Angeles
Days on Market20
DirectionsFrom CA-22 W, turn left onto Channel Dr, then turn right to Bixby Village Plaza, next to TARGET, Seventh Street and Pacific Coast Hwy.
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area1860.0
Lease Considered Y/NNo
Lease Renewal Y/NYes
Listing TermsCash, CashtoNewLoan
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionTenant
Operating Expense55000.0
Ownership TypeCorporation
Private PoolNo
Property Attached Y/NNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Street NameE Pacific Coast Hwy #E3
View Y/NNo
Waterfront Y/NNo
Year Built2022
Year Built SourceOther

Exterior for 5751 E Pacific Coast Hwy #E3

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
SpaNo
Total Parking30.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $100,000
MLS#PW24051488
List Date 03/19/2024
Property Type Business Op
Phone 310.658.1749
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Request Info
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