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2363 PACIFIC AVE Long Beach, CA 90806
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Key Details
Sold Price $620,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Wrigley Area (Wr)
MLS Listing ID OC20239212
Sold Date 07/05/22
Construction Status Turnkey
HOA Y/N No
Year Built 1929
Lot Size 3,301 Sqft
Property Description
This Wrigley District mixed use property offers flexibility and limitless possibilities as an investment. The property consists of 2 office/retail spaces in the front and two residential studios, both with their own one car garage in the back.
The front offices are split roughly 60/40. The south office is already set up as a PO Box office with direct, private and secured access from the front of the building. Beyond a secondary, secured door, is a larger private office area with its own designated bathroom. Laminate flooring occupy the office and PO Box space and tile flooring has just been laid in the bathroom.
The north portion is divided into an larger office with 4 separate office rooms with doors, a reception or waiting area, kitchen space and dedicated separate bathroom. New carpeting throughout the offices and recently laid tile flooring in the bathroom and kitchen areas. The second office side is already set up as a PO Box mail center with additional back office and private bathroom. There are 270 small sized mail boxes, 6 medium sized and 16 large sized boxes. This PO Box business, if full could earn over $4000 per month in revenue. The city permitted uses for these two front offices is extensive, we recommend you visit the Long Beach Municode site, under Division I permitted uses for CNP zoned properties.
The back two studio units have just finished their remodels and are in move in condition. Both have their own, private enclosed garages with ample over head storage capacity.
With approximately 20,000 cars by daily, this is a great location. The property is zoned CNP.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Interior
Cooling SeeRemarks
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage AttachedCarport, OnStreet
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Urban
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/N No
View None
Roof Type Flat
Total Parking Spaces 2
Private Pool No
Building
Lot Description Level, RectangularLot, StreetLevel
Story 1
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 7205016018
Acceptable Financing Submit
Listing Terms Submit
Financing Other
Special Listing Condition Standard, Trust
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Bought with Robert Van Der Goes • Seven Gables Real Estate