Long Beach, CA 90805,1429 E South St
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Long Beach, CA 90805,1429 E South St
Long Beach, CA 90805,1429 E South St
Long Beach, CA 90805,1429 E South St
Long Beach, CA 90805,1429 E South St
Listed by Albert Choi • Albert P Choi, Broker
Bought with Moe Essa • J. Dean Properties

$1,050,000

Est. payment /mo

$1,099,000

4.5%
Est.Price: ?

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1429 E South St Long Beach, CA 90805

5,500 SqFt

SOLD DATE : 12/13/2024

Key Details

Sold Price $1,050,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $190

MLS Listing ID CRPW24113795

Sold Date 12/13/24

HOA Y/N No

Originating Board Datashare California Regional

Lot Size 8,239 Sqft

Property 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 en

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

Water Public

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Bay East AOR and Contra Costa AOR
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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