1631 Alamitos Avenue, Long Beach, CA 90813
- $1,050,000
- List Price
- $1,050,000
- Status
- ACTIVE
- MLS#
- PW26108568
- Year Built
- 1925
- Lot Size
- 5,484
- Acres
- 0.13
- Lot Location
- Corner Lot, Flat
- Days on Market
- 71
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
Excellent investment opportunity in the heart of Cambodia Town in Long Beach. This corner commercial property offers approximately 5,085 SF of building space on a 5,484 SF lot with outstanding visibility at a signalized intersection that naturally slows traffic for added exposure. Built in 1925 and occupied by two established tenants, including a long-time beauty salon and a market/party rental business. Both leases have approximately 3 years remaining with upside rental potential. Electrical and plumbing systems have been updated, and the roof has been maintained. No known unpermitted additions or foundation issues. A prime opportunity for investors seeking stable income and future growth potential.
Additional Information
- Attached Structure
- Detached
- Gross Scheduled Income
- $63,600
Listing courtesy of Listing Agent: Glenn Gaspar (glenngaspar@gmail.com) from Listing Office: eXp Realty of Southern Ca, Inc.
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