Long Beach, CA 90805 5440 Long Beach Boulevard
$840,000
0 more
Presented By: BING WU with LOU EDWARDS FINANCIAL INC.; 562-528-6266
Home Details
Incredible opportunity to purchase this two unit commercial retail unit located near the popular adjacent areas of Bixiby Knolls and
Lakewood. Located in the northern part of Long Beach, the subject property has excellent visibility off the bustling intersection of
Long Beach Blvd. The building currently consists of two long term retail units, a Beauty Salon and Liquor Store. The Beauty Salon is approximately 720 sqft and the Liquor Store is approximately 3840 sqft. These two units combined come to the VERY large total of
4560 SQFT!!! Building comes with 3 total parking spaces and ample street parking. Tenants currently pay rents below market value; however, the property shows an amazing potential for future development. Don’t miss this excellent chance to invest in this VERY large two unit commercial property located in the developing area of North Long Beach. BUYER TO VERIFY ALL INFORMATION IN THIS LISTING. CALL NOW!
Presented By: BING WU with LOU EDWARDS FINANCIAL INC.; 562-528-6266
Interior Features for 5440 Long Beach Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixBoulevard
Total Stories1
General for 5440 Long Beach Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.36
Carport Y/NNo
CityLong Beach
CountyLos Angeles
Days on Market1686
DirectionsOff of Long Beach Blvd & Louise St
Garage Y/NNo
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5157.0
MLS Area7 - North Long Beach
MobileHomeRemainsYNNo
Net Operating Income45017.0
New ConstructionNo
Occupancy DescriptionTenant
Operating Expense6583.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street NameLong Beach
Tax Year2016
Total Units2
View Y/NNo
Waterfront Y/NNo
Year Built1928
ZoningRetail
Exterior for 5440 Long Beach Boulevard
Building Area Total4560.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit
Lot Size Acres0.1184
Lot Size Area5157.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480