Listed by 858-888-1819 - Ray Kim - DRE #01803155 - Real Brokerage Technologies, Inc 855-450-0442 Listing Courtesy of: DRE #01987116
$1,099,000 affordable loan icon Calculate Payment

2225 Pacific Avenue Long Beach, CA 90806

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Office Residence
Beds
Baths
4,920 Sq. Ft.
0.15 Acre Lot

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Last updated on 9/22/2024 5:08 PM
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. Continue reading
MLS#
AR24040590
Property Type
Office
Status
Year Built
1952
Square Feet
4,920 sq. ft
Lot Size
0.15

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Listed by 858-888-1819 - Ray Kim - DRE #01803155 - Real Brokerage Technologies, Inc 855-450-0442 Listing Courtesy of: DRE #01987116
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 9/22/2024 5:08 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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