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Listed by Ruby Madrid • RE/MAX Dynasty
$3,200,000
Est. payment /mo
5,356 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,356 sqft
Price per Sqft $597
MLS Listing ID CRDW25172514
HOA Y/N No
Year Built 1942
Lot Size 5,813 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
Rare Long Beach Investment Portfolio – 2 Parcels | 10 Units + Billboard Prime investor opportunity with 2 adjacent parcels on a high-traffic corner. Includes a 9-unit multifamily (approx. 4,220 SF, built 1942) and a 3 bed, 2 bath SFR (approx. 1,136 SF, built 1913) on a 5,982 SF lot. Strong rental demand area with long-term tenants and value-add potential through unit upgrades or redevelopment (buyer to verify with city). Bonus on-site billboard offers rare passive income stream (buyer to verify use/income). Located near downtown, hospitals, and transit. Zoning may support future mixed-use or higher density (buyer to verify). Ideal for 1031 exchange, cash flow investors, or long-term hold with upside.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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