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Listed by Long Nguyen • Advance Estate Realty
$ 899,000
Est. payment | /mo
1,800 SqFt
$ 899,000
Est. payment | /mo
1,800 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $499
MLS Listing ID CROC25188140
HOA Y/N No
Year Built 1923
Lot Size 1,800 Sqft
Property Sub-Type Retail
Source Datashare California Regional
Property Description
Offered at $949,000, this is a rare opportunity for an owner-user or investor to own prime commercial real estate in Long Beach. The property features a newly built-out restaurant with nearly $200,000 invested in improvements, fully permitted and ready to operate. In addition, a long-established nail salon provides steady rental income for added security. Situated at the high-visibility corner of Redondo Avenue and 7th Street, one of Long Beach's busiest intersections, the property offers 1,800 rentable square feet with strong foot traffic and walkable access. Located just one mile north of Cal State Long Beach, the area is home to over 57,000 residents within a one-mile radius, boasting an average household income near $100,000 and home values above $950,000.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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Glen Riggs
REALTOR® | Lic# CA DRE 02161397