Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Owner has concept drawings and plans for a potential drive-thru establishment. Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on PCH, and either redevelop, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053.
Rare opportunity to purchase a property in the re-development area of San Pedro. This property is zone LAC2 and may be developed into multi-units, condo, motel, offices, shop, or other business purposes. Right behind the famous Raffaello Ristorante, this property is next to a city parking lot for convenience. Three blocks from the boardwalk and with alley access and multiple businesses, shops, restaurants, and entertainment within walking distance, this property is in a prime location. The lot measures 5001 sqft and features a house and detached garage that can be used or redeveloped. Multiple housing developments are going up around the property. Buyer to do its own due diligence.
Amazing opportunity to acquire a single-story medical arts building for an owner-user, developer, or investor. This corner lot C-2 zoned property is located in an SBA Qualified HUB Zone. Located a block away from historic downtown San Pedro, less than 3 miles to the Palos Verdes Peninsula, 5 miles to Long Beach, and just 20 miles south of downtown Los Angeles, this centrally located single-story medical arts building provides easy access to and from the remainder of Southern California. San Pedro is home to North America's largest port at the LA Waterfront and boasts unprecedented opportunity for expansion with almost 5000 housing starts in various stages of development in and around San Pedro, and multiple commercial developments ready to break ground in Downtown and on the LA Waterfront. From West Harbor, a world-class waterfront dining, retail and entertainment destination, to Alta Sea, an urban, ocean-based campus accelerating marine and scientific research, San Pedro is becoming a cultural, historic, and tourist harborside destination for new generations to rediscover. Focusing on emerging blue technology and innovation, North America's busiest port town is quickly becoming a science and tech-focused, visitor serving destination unmatched in Southern California. 601-611 W 6t
Incredible medical building for a owner user and investor to acquire a turnkey custom-built single-story medical office plaza. This corner lot C-2 zoned property is located in an SBA Qualified HUB Zone. One unit is setup as a gym or physical therapy space and has approx 25' high ceilings, industrial lighting, locker rooms with sauna and showers. The second unit is setup for medical use and houses several exam rooms, nurses' station, receptionist and waiting room. And and do used as a urgent care of medical suit. The third unit is currently setup for a dental practice. Call for a tour
Please see attached Offering Memorandum for additional information. Beautiful 914 N. Loma Vista Drive is a charming 8 unit apartment complex adjacent to dynamic downtown Long Beach. This property features four standard one-bedroom, two deluxe one-bedroom, and two balcony one-bedroom apartments. The property has been substantially improved by its current owner who has owned & operated it for 7 years. During that time, the current owner has invested a total of over $148,000 in capital expenditures to the property, completing major renovations on 6 of 8 units and contributing $46k+ into the building exterior. These improvements have yielded an increase of the annual rent roll from $70,752 in 2015 to $136,476 today (an increase of 92.89%). The property is being offered at a price of $2,200,000, which is an attractive 15.92X multiple of current gross rents (12.93X on market rents) and a Cap Rate on current rents of 3.90% (5.23% on market rents).
Great investment opportunity for this prime visibility commercial building located in the Historic Waterfront District. This vintage Spanish style building features 4 units, 7 bathrooms, 5 electrical meters, 2 gas meters, 4 parking spaces in the rear alley. Unit #801 and #803 are currently occupied by The Blue Water Clay - a pottery shop/ceramic studio. This unit has been tastefully remodeled and designed to suit the business. Unit #801 features a large roll up door at the rear alley, forklift ramp, storage room, an un upper-level nicely remodeled office. Unit #807 is currently occupied by San Pedro Alano Club and features a large meeting room with private bathroom. Unit #805 is split, with half lease by Blue Water Clay pottery shop, half by San Pedro Alano Club. This property is located in the historic heart of San Pedro just minutes away from the water front, and near many authentic restaurants, pubs, coffee shops, art galleries. Sellers offer private financing at 5% interest rate for qualify buyers. Buyer will verify square footage, zoning, and available uses with City of Los Angeles.
25907 Oak Street is a 23-unit multifamily investment property located in Lomita, CA. 25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios, and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 25907 Oak Street is within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is just over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenues close proximity to the property allow residents easy access to employment hubs throughout the South Bay.
10 Units in the Heart of San Pedro is a perfect property for investors! These units have been cared for and many have been upgraded as they became available. Some of the current rents are low, but the potential is high. Wonderful location close to restaurants, shops and easy access to the South Bay, Long Beach and the docks! This property needs to be sold with 282 W. 11th Street: next door is a 6,757 square foot R2 lot!! Call for details. Opportunity is knocking!
Price SLASHED!!! Recently upgraded office space with approximate 2500 square feet TURNKEY. Large warehouse with 5 roll up commercial doors. Zoned Light industrial and Cannabis cultivation and manufacturing. Perfect for auto restoration and storage. Plenty of private off street gated parking on large 14,000+ square foot flat lot. Owner will carry 1st TD with 25% down Submit on interest rate and terms.
Please see the Supplements section to access the Offering Memorandum. Beautiful 1151 Daisy Avenue is a charming 12 unit apartment complex in dynamic downtown Long Beach. This property features a roster of ten standard studios, two loft studios, laundry room, and four individual garages. The building was constructed in 1921, has a rentable area of approximately 4,604 SQ/FT, is built on a 7,440 SQ/FT lot, and is in absolutely turn-key condition to generate ample amounts of income from day one. All units are also individually metered for gas and electricity.
Offers due by May 17th! 8 homes on a large 19,846 sqft corner lot. 229 E 219th St can be delivered fully vacant at close of escrow for a buyer to either renovate the existing homes, demolish and rebuild townhomes, apartments, or create a small lot subdivision for homes. The unit mix is comprised of (7) 2-Bed/1- Bath and (1) 1-Bed/1-Bath units. Each unit has a private yard. 229 E 219th St is located off Main St and Carson St, which is conveniently situated near the 110 and 405 freeways giving any tenants or future owners easy access to get around the city. Upon stabilization, the property will operate at a 8.85% CAP and 8.18 GRM.
Great Cash-Flow Deal! Located just outside of booming Downtown Long Beach, 1409 Magnolia Ave is a well-maintained 6 unit building with a high yielding unit mix of (3) 3Bed/1Bath, (2) 2Bed/1Bath, and (1) 1Bed/1Bath units. The property currently grosses $13,516/month and operates at a 6.85% CAP and 10.45 GRM. 1409 Magnolia Ave is the ideal investment for investor looking for day 1 cash-flow with significant upside in rental income. The subject property is located just outside the $6 Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Project, CSULB Downtown Village, Broadway Block, the Pacific and Queen Mary Island.
The subject property is a commercial medical office building situated on a double lot that totals 9,600 square feet. The parcels are zoned C2 which permit a wide variety of commercial and multi-residential uses. The current property owner has a Chiropractic business that occupies 2,280 square feet of the 2,880 square feet total building area. There is a law firm that occupies Suite B which is 600 square feet on a lease that terminates June 30, 2026 with no renewal options. There is parking in excess of 5 to 1 which is required for medical office space. The interior of Suite A (the medical office) was completely renovated in 2019-2020 and has ADA upgrades to both patient access and the two restrooms in suite A. The building had new HVAC units and upgraded electrical system, and ADA lift/elevation installed at the time of the renovations. The owner of the Chiropractic business is living out of state as of 2023 and will be vacating the space in Suite A at the close of escrow. Dont miss this rare opportunity to acquire a turn-key medical office building in the heart of the San Pedro business district, just minutes from the Port of Los Angeles and the LA Waterfront Development.
527 W. 3rd Street is a 36-unit apartment asset in prime Downtown Long Beach. The property features a mix of four (4) 1BD / 1 BA, (27) studios, and five (5) micro studios. Many of the units have been renovated with designer fixtures and finishes, including new countertops, cabinetry, tile and flooring in the kitchens and bathrooms, stainless steel appliances and lighting. The secured access building offers a bright, spacious entryway, new carpet and paint in hallways, and on-site laundry facilities. With its prime West Gateway location, the property provides convenient access to the newly redesigned Lincoln Park, an integral part of the 22- acre, $520 million Civic Center redevelopment project. The Long Beach Civic Center Master Plan includes a 270,000-square-foot City Hall, 93,500-square-foot landmark Main Library, updated bike/bus/Metro Blue Line transit system, design guidelines for 800 residential units, and vibrant amenities across the revitalized Downtown area. 527 W. 3rd Street presents a new buyer with a beautifully renovated asset in a highly desirable Long Beach location at 12.89 GRM on actual rents.
Stand alone commercial building with rear parking spaces and a detached one car garage, prime location in San Pedro, plenty of street parking, and alongside multiple commercial businesses. Highly transited area and great foot traffic. Current usage is a beauty salon. Location is suitable for doctors office, child care services, rehabilitation center, professional services etc. Building is semi-open entry, featuring two private rooms, kitchen, restroom with vanity, tile flooring throughout, recently painted interior and central heating and cooling.
WELCOMING ALL INVESTORS AND CASH BUYERS to create this into a successful business of their own. Property has fire damage, was previously used as a 2 bedroom 2 bath single family residence with a detached 2 car garage. Now Being sold as a commercial due to zoning, buyer to verify ALL with the city. Future property use MUST BE COMMERCIAL. This presents an ideal opportunity to create your ideal business, in a location that is already surrounded by many shopping centers, busy roads and near by freeways. Schedule your showings today to not miss out on this opportunity.
We are pleased to present the 7th Street Property. This is a one-of-a-kind apartment community with Spanish Colonial architecture which offers a historic feel for the tenants. Located on 7th Street in Long Beach, one of the areas major thoroughfares, residents are less than mile from the beach and near many shops and restaurants. Additionally, this building is individually metered for electricity and offers a rooftop deck that overlooks downtown Long Beach. The property is comprised of seventeen spacious units each with 10-foot ceilings. 11.08 GRM and 5.8% CAP Rate on In Place Income
Welcome to 601 West 13th Street featuring 11 units. This corner property was 10 units and owners registered an ADU (Accessory Dwelling Units) making this now an 11-unit building. Grounds are appealing, private with security gates, and most units have interior upgrades. Significant upside in rental income. Close proximity to the San Pedro waterfront promenade and development of West Harbor Project featuring 42 acres to compose of restaurants, retail, fresh markets, waterside activities, outdoor amphitheater, and more.
Welcome to this exceptional property for sale in the vibrant heart of San Pedro, California, located near the historic waterfront district. This versatile property is currently being used as an owner-user office for accounting purposes and as a warehouse for a termite company. The property features modern Apple offices, providing a contemporary and efficient workspace. Additionally, there is a large storage area perfect for various business needs, making it an ideal space for an owner-user looking for functionality and flexibility. One of the standout features of this property is the attractive financing options available, with 90% SBA financing offered, making it easier for qualified buyers to acquire this prime real estate. Situated near the largest port of the LA waterfront, this property is at the epicenter of commercial and residential developments. The area is experiencing unprecedented growth, with numerous projects underway and many more poised to break ground soon. This presents an unparalleled opportunity for expansion and investment in a thriving and dynamic location. Don't miss out on this unique opportunity to own a property with a strategic location, versatile space, and excellent financing options. Contact us today to schedule a viewing and explore the endless poss
Owner occupied office building. Owner will vacate property after closing. All information has not been verified for accuracy. Buyer is advised to independently verify the accuracy of all information.
Welcome to this charming 7-unit apartment building nestled in the heart of downtown Long Beach! Built in 1922, this classic architectural gem offers a unique value-add investment opportunity for those looking to reimagine its potential. With a total of 7 units spread across 4,262 square feet, this property presents a mix of 6 cozy studio units and one spacious 1-bedroom, 1-bathroom unit. Each studio unit offers a comfortable living space, ideal for urban dwellers seeking simplicity and convenience. The one 1-bedroom unit provides a touch of luxury with additional space and privacy, perfect for a small family or a couple looking for a little extra room. This historic building exudes character with its timeless architecture, showcasing the charm of a bygone era. From the elegant facade to the intricate detailing, this property captures the essence of classic Long Beach architecture. While the building retains its historic charm, it is in need of updating and renovation, offering a blank canvas for investors to create a modern oasis in a prime downtown location. Situated in downtown Long Beach, residents will enjoy easy access to a vibrant array of dining, entertainment, and cultural attractions. With its proximity to public transportation, major highways, and bustling city life, th
***Just reduced by $220,000***6.8% Cap Rate***SIX unit building just north of Downtown Long Beach. Property consists of a 4 bed 2 bath Craftsman single family home in front, and a rear building with 5 additional units (TWO 2bed 1 bath units, TWO 1 bed 1 bath units, and ONE non-conforming 2 bed 1 bath basement apartment). Amenities include on-site parking, on-site laundry for extra income, and an upstairs observation deck with 360-degree views of the San Gabriel Mountains, the Downtown skyline, and Palos Verdes Peninsula. All tenants are long-term multiple-year occupants on month-to-month rental contracts. These extremely well-performing units are all month to month with wonderful long-term tenants, a 6.8% Cap rate and tons of growth potential!
This high vacancy corner lot C2 zoned property presents a prime opportunity for an owner-user with attractive 90% SBA Financing available, or an investor or developer. Located just blocks away from historic downtown San Pedro, and nearby Cabrillo Marina, San Pedro High School, and the work-in-progress waterfront development, this property is well positioned with 124 feet frontage on Gaffey Street with approxmiately 28,000 vehicle per day traffic. San Pedro is home to North America's largest port at the LA Waterfront and boasts unprecedented opportunity for expansion with almost 5000 housing starts in various stages of development in and around San Pedro, and multiple commercial developments ready to break ground in Downtown and on the LA Waterfront. Less than 3 miles to the Palos Verdes Peninsula, 5 miles to Long Beach, and just 20 miles south of downtown Los Angeles, this centrally located single-story retail building provides easy access to and from the remainder of Southern California.
MASSIVE UPSIDE with a proforma CAP of 7.44%. NOI is $223,200 and gross income is $372,000. Property has a new roof!! 15 studio rentals upstairs are vacant and need to stripped down to the studs. Five lower retail units are in average condition. Two are currently rented at $1,500/mo with month to month tenants that will vacate upon sale. All commercial units will be delivered vacant. Located a half mile East of the 710 freeway with great rental demand in the area. This would be a great Section 8 play or great for government sponsored tenants. Would also work for regular tenants as well (after reno). Great opportunity and this will NOT last
Back units need some work. Great starter units for handy investor. The third building has four detached garages and one parking space. Great upsides potential in the area. Building has character. Some units have laundry hookups. Located near the mass transit line on Pacific Coast Metro and the Anaheim Station A lines. The property is a short distance to the historic Pine Avenue., bike trail, churches, schools, restaurants brewery and Rainbow Harbor. Located on a 7733 square foot lot. If you drive the area you can see that it is improving. The analysis is a wild guess of the expenses and gross income
