1429 E South St

Long Beach, CA 90805 Pending for $1,099,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 8,239 sqft

Property Facts

MLS	PW24113795
Year Built
Property Type	Mixed Use
County	Los Angeles
Status	Pending
Pending	$1,099,000
Structure Size	N/A sqft
Lot Size	8,239 sqft
Beds	N/A
Baths	N/A

Description

$199 a square foot!!! This price is below build and land costs. Three separate units on two different electric meters. 6 car private parking lot secured with gate. Zoned to convert to residential and most businesses, laundromat, tobacco smoke shop, convenience store etc and most importantly, this building is grandfathered in exclusion for city parking requirements. For example a laundromat in Long Beach requires 6 parking spots per 1,000 sq feet. That requirement would be waived and plenty of street parking for a business here surrounded by apartment buildings. Whether you're a business owner looking for a strategic location or an investor seeking a lucrative opportunity, 1429 South St is a rare find. Take advantage of the dynamic Long Beach market and make this commercial retail building the cornerstone of your success. Ideal for investors seeking a valuable addition to their portfolio. Long Beach's thriving economy and development make this an attractive investment opportunity. Ample on-site parking for both customers and employees, enhancing accessibility. Situated in a high-traffic area with a diverse and growing community. The spacious interior offers a versatile layout suitable for a wide range of retail businesses. Proximity to popular shopping centers, restaurants, and entertainment hubs. Close proximity to schools, parks, and residential neighborhoods. Easy access to public transportation and major highways

Listing information courtesy of: Albert Choi, Albert P Choi, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.