$650,000
$700,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
5,784 Sqft Lot
SOLD DATE : 09/06/2024
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR24060951
Sold Date 09/06/24
HOA Y/N No
Year Built 1941
Lot Size 5,784 Sqft
Property Description
Welcome to a unique investment opportunity nestled in the heart of vibrant Long Beach! This mixed-use property offers the best of both worlds: a fully operational automotive shop on the ground floor and a spacious 1 bedroom, 1 bathroom residence above, awaiting your personal touch.
The ground floor boasts a well-established automotive shop, equipped with ample space for car enthusiasts and professionals alike. With more than enough room for vehicle repairs, maintenance, and customization, this shop presents a prime opportunity for automotive entrepreneurs to thrive. The location benefits from high visibility and easy accessibility, ensuring a steady flow of clientele.
Ascend to the second floor, where a charming 1 bedroom, 1 bathroom residence awaits transformation. While in need of some renovation and updates, this space offers boundless potential for customization and modernization to suit your preferences. Imagine creating a cozy urban retreat or stylish loft apartment, capitalizing on the allure of city living in Long Beach.
Whether you're an entrepreneur looking to expand your automotive business or an investor seeking a versatile property with multiple income streams, this offering presents an enticing opportunity. With a little vision and investment, you can unlock the full potential of this property and reap the rewards of owning a prime piece of real estate in Long Beach.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Rooms
Other Rooms Living Quarters
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Fireplace No
Laundry In Garage
Exterior
Fence Chain Link
Roof Type Common Roof
Present Use Residential
Total Parking Spaces 8
Building
Lot Description 0-1 Unit/Acre, Street Level
Story 2
Water Public
Additional Building Living Quarters
Others
Tax ID 7126029014
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing USDA
Special Listing Condition Standard
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Bought with Victoria Bravo • Eversell Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States