Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90805 5440 Long Beach Boulevard

5440 Long Beach Boulevard Long Beach, CA - Image 15440 Long Beach Boulevard Long Beach, CA - Image 25440 Long Beach Boulevard Long Beach, CA - Image 3
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5440 Long Beach Boulevard Long Beach, CA - Image 4
Presented By: BING WU with LOU EDWARDS FINANCIAL INC.; 562-528-6266
  • MLS# WS19035258
  • 02/26/2019
  • Request Tour
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  • SQFT • 4,560
  • Year Built • 1928

Home Details

Incredible opportunity to purchase this two unit commercial retail unit located near the popular adjacent areas of Bixiby Knolls and Lakewood. Located in the northern part of Long Beach, the subject property has excellent visibility off the bustling intersection of Long Beach Blvd. The building currently consists of two long term retail units, a Beauty Salon and Liquor Store. The Beauty Salon is approximately 720 sqft and the Liquor Store is approximately 3840 sqft. These two units combined come to the VERY large total of 4560 SQFT!!! Building comes with 3 total parking spaces and ample street parking. Tenants currently pay rents below market value; however, the property shows an amazing potential for future development. Don’t miss this excellent chance to invest in this VERY large two unit commercial property located in the developing area of North Long Beach. BUYER TO VERIFY ALL INFORMATION IN THIS LISTING. CALL NOW!
Presented By: BING WU with LOU EDWARDS FINANCIAL INC.; 562-528-6266

Interior Features for 5440 Long Beach Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories1

General for 5440 Long Beach Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.36
Carport Y/NNo
CityLong Beach
CountyLos Angeles
DirectionsOff of Long Beach Blvd & Louise St
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingForcedAir
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5157.0
Lot Size UnitsSquareFeet
MLS Area7 - North Long Beach
MobileHomeRemainsYNNo
Net Operating Income45017.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Operating Expense6583.0
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Tax Year2016
Waterfront Y/NNo
Year Built1928
ZoningRetail

Exterior for 5440 Long Beach Boulevard

Building Area Total4560.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit
Lot Size Acres0.1184
Lot Size Area5157.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $840,000
MLS#WS19035258
List Date 02/26/2019
Property Type Commercial
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