ONE OF THE LOWEST- PRICED COMMERCIAL PROPERTIES IN LONG BEACH! Rare mixed-use investment and owner-user opportunity in a high-visibility Long Beach location. The property features two residential units upstairs and two commercial storefronts, providing multiple potential income streams. Three leased units currently generate approximately $5,350 per month in rental income. The remaining commercial space is currently used for an established mini-market business, which is offered separately. A buyer may continue operating the business or potentially reposition or lease the space for another retail or service use. The projected market rent for this space is approximately $2,300 per month, bringing the property’s projected gross rental income to approximately $7,650 per month, or $91,800 annually, if fully rented. Additional features include rear parking, alley access, strong street visibility, and convenient access to schools, parks, and neighborhood amenities. An excellent opportunity for an investor or owner-user seeking existing income, flexibility, and future upside. Buyer to verify all rents, leases, expenses, business financials, permitted uses, and projected income.
Listing courtesy of Listing Agent: David Gomez (davidmgomez.re.broker@gmail.com) from Listing Office: Realty Executives Com. & Res..
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.