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$1,099,000
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1429 E South St Long Beach, CA 90805
Mixed Use
Residence
Beds
Baths
...
Bed/Bath
5,500
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Buyers agent/broker commission increased to 4.0% of sale If buyer purchases without a agent or broker, the 4.0% will be given to buyer as seller credit. $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 se...cured 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. T
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MLS#
CRPW24113795
Property Type
Mixed Use
Square Feet
5,500
sq. ft
Lot Size
0.19
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