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$3,300,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
09/30/2024 06:48 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS24103565
HOA Y/N No
Year Built 1987
Lot Size 0.309 Acres
Property Description
Rare Commercial Property for sale in Long Beach! Commercial property consist of donut shop, coin laundry, and restaurant. Donut shop - 950 sqft, has a 10 year lease and pays $2900 a month for rent. Coin Laundry - 2200 sqft, pays $4900 for rent and must be purchased with the property. Restaurant - 950 sqft - has a 3 year lease, and pays $3200 for rent. Annual gross is $132,000. Annual expense is $32,975. Annual net is $99,025. Conveniently located on the corner of Wardlow Rd and Pacific Place. Ample parking. Minutes away from 405 and 710 freeway.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 15
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 7204006049
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by CHRISTINE CHENG • KELLER WILLIAMS SIGNATURE RLTY • 213-458-1975
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935