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$1,200,000
Est. payment /mo
6,000 SqFt
UPDATED:
12/05/2024 05:04 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $200
MLS Listing ID 24466875
HOA Y/N No
Year Built 1935
Lot Size 9,339 Sqft
Property Description
We are pleased to present an investment opportunity at 6082 Atlantic Ave in North Long Beach, a multi-tenant retail property on a corner lot between E Harding St & South St. The property features four retail spaces and is currently fully occupied by a nail salon, hair salon, bakery, and an office tenant; two tenants have 4 years remaining on their lease term with no options; two tenants have one five-year option at the end of their lease term. The majority of the rents are below market, an ideal opportunity to reposition the building at the end of the lease terms to achieve market rents, or occupy a portion of the building as an owner user. The property is being offered at a low $200 PSF at the asking price. Well-kept building totaling 6,000 SF on a 9,341 SF lot; eight parking spaces at the rear of the property. Highly visible location for retail with over 23,000 cars per day on Atlantic Ave; just south of Jordan High School and easy access to both the 710 & 91 Freeways.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBCNA
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 8
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7124016041
Special Listing Condition Standard
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Listed by Neema Ahadian • Marcus & Millichap
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935