1454 Long Beach Boulevard, Long Beach, CA 90813

$1,700,000
8,148
SqFt
List Price
$1,700,000
Status
ACTIVE
MLS#
PW19001001
Year Built
1921
Living Sq. Ft
8,148
Days on Market
18
Property Type
Commercial
Property Sub Type
Specialty

Property Description

An automotive repair property, 1454 - 1460 Long Beach Blvd is currently leased out to Long Beach Collision Center for automotive repair. The subject property is approximately 8,148 SF of building which sits on approximately 15,073 SF of land. This investment can be for an owner/user, investment or a development opportunity. There is a current business license for automotive repair and auto body repair use with a permitted paint booth. The property is located in the mid-town area of Long Beach on the busy Long Beach Boulevard corridor and on the City’s Metro service line serving customers traveling from Long Beach to Downtown Los Angeles. The property is zoned SP1TN and provides a framework for the development and improvements of a 369-acre area along Long Beach Boulevard, spanning from Anaheim Street to Spring Street. The immediate area surrounding the property is retail, office, residential, and service type businesses. A new 65 unit residential condo project was approved for the property adjacent to the subject property. The property has a tenant with a less than 9 months below lease in place with an auto-repair and collision tenant. There is a permitted paint booth. This rare permitted use is grandfathered in. The transit node district supports compact, transit oriented mixed-use and residential development centered on the three Metro Blue. This property offers an owner/user with a great location or an investor an opportunity to acquire a future development site.

Additional Information

Cooling Description
None
Roof
Flat
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of George Bustamante from Coldwell Banker Commercial

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.