1429 LONG BEACH Long Beach, CA ^$ 450,000

1429 LONG BEACH

^$ 450,000

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1429 LONG BEACH

Long Beach, CA, 90813

^$ 450,000

Studio Baths0.0 Sq 3,536

Monthly Estimate*

^$ 3,143

Listed by Lucky Home Realty

1429 LONG BEACH, Long Beach, CA 90813 - Image 1

1429 LONG BEACH, Long Beach, CA 90813 - Image 2

1429 LONG BEACH, Long Beach, CA 90813 - Image 3

1429 LONG BEACH, Long Beach, CA 90813 - Image 4

1429 LONG BEACH, Long Beach, CA 90813 - Image 5

1429 LONG BEACH, Long Beach, CA 90813 - Image 6

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1429 LONG BEACH, Long Beach, CA 90813 - Image 8

1429 LONG BEACH, Long Beach, CA 90813 - Image 9

Studio

Commercial Property for sale in Long Beach, CA

for $450,000. This 3,536 square foot building was built in 1962 on a lot size of 0.1396.

Looking for a new business that is well established. This grocery store has been established for 30 years with an annual gross income of $ 700,000 to $750,000 and annual net of $ 240,000 to $330,000. It has 3 full time employees, open 7 days a week, from 9 am to 8 pm, it has beer and wine, lotto, groceries, sells online games and has an ample of parking. Located in busy streets of cherry avenue. Run by employees. Well, what are you waiting for?, grabbed this opportunity as it won't last long. Seller is very motivated and willing to carry over.

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1396

Year Built

1962

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

DW23130509

Days on Market

288

Features

General

Year Built 1962

Business Type Grocery

County Los Angeles

New Construction N

Property Type BusinessOpportunity

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Building Features TVSystem

Status Active

Directions CHERRY AND 7TH STREET

City Long Beach

View Y/N N

Senior Community Y/N N

MLS Area 37 - College/University Park Estates

Lot Size Square Feet 6081.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name LONG BEACH

Listing Terms Cash CashtoNewLoan OwnerMayCarry

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N Y

Additional Parcels Y/N N

Leasable Area 3536.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 256

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Year Built Source Assessor

Total Actual Rent 5800.0

Ownership Type SoleProprietor

Exterior

Lot Size Area 6081.0

Spa N

Building Area Total 3536.0

Lot Size Acres 0.1396

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Internal Only

Street Number 1 1429

* Excluded Features

List By

Lucky Home Realty

Broker

(714) 723-2518

Phone

Affordability Calculator

$3,143

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Long Beach, CA

Average List Price ^$1,472,555

Percent of Sale Price 227%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/13/2023	$450,000	-23.73%	Price Down
7/15/2023	$590,000		Listed Price

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1429 LONG BEACH, Long Beach, CA, 90813 is a Commercial Property for sale at $450,000 with 3,536 sqft and a lot size of 0.1396. 1429 LONG BEACH is a studio with 0.0 baths and was built in 1962. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1429 LONG BEACH

Commercial Property for sale in Long Beach, CA

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