2225 Pacific Avenue, Long Beach, CA 90806
-
Listed Price :
$1,099,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1952
Property Description
Welcome to your next investment opportunity! 2225-2231 Pacific is a prime retail, office building in the Wrigley Village retail corridor offering 112 feet of frontage on walkable Pacific Avenue. Boasting a large rentable space of 4,920 square feet, your options are endless with a variety of allowed uses. The property has been in the same ownership for over 20 years. The space is currently built out with 3 suites and 6 parking spaces in a gated entry at the rear. This building is perfect for an Investor or an Owner User, a 1031 Exchange, or a SBA loan with 10% Down. Tons of upside potential here with steady changes in the area. You can benefit from tremendous value-add as all tenants are on month to month tenancy paying below market rents. The property originally had 4 suites but two suites have been converted into one larger suite (but can easily be converted back). Neighboring areas are Signal Hill, Wrigley Heights, and Downtown Long Beach. The property is also located in the MJ Hemp zone which allow tons of business opportunity and situated conveniently near the 405 and 710 freeways. Please check with the City of Long Beach for all zoning and usage.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
2225 Pacific Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90806 |
| County |
Los Angeles |
| Listing Agent |
Ray Kim DRE #01803155 |
| Co-Listing Agent |
Yumi Kim DRE #01987116 |
| Courtesy Of |
Real Brokerage Technologies, Inc |
| List Price |
$1,099,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Office |
| Structure Size |
N/A |
| Lot Size |
6,602 |
| Year Built |
1952 |
Listing information courtesy of: Ray Kim, Yumi Kim, Real Brokerage Technologies, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 2nd, 2024 at 5:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
