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1875 Pacific Avenue
Long Beach, CA 90806
Land For Sale
·
0.18 AC
Investment Highlights
- Income producing parking lot
- Can be sold with either adjacent properties
- Completed fenced and gated
- Great investment with upside potential
- Potential retail, office, live/ work development opportunity
- In an opportunity zone
Property Facts
| Property Type | Land | Proposed Use | Parking Lot |
| Property Subtype | Commercial | Total Lot Size | 0.18 AC |
| Zoning | LBCCA | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 0.18 AC |
| Zoning | LBCCA |
Description
Coldwell Banker Commercial BLAIR WESTMAC is pleased to present the property located at 1875 Pacific Ave for sale. This gated parking lot is approximately 8,000 SF with frontage along Pacific Ave and rear access from the alley. The parking lot is currently being rented by 18 vehicles on a month-to-month basis at $40 per parking space. This property can remain as a parking lot on a rental basis, or it can be developed into a commercial property. The City of Long Beach zoning code would allow development of a retail, office, and live/work development project. Buyer to do own due diligence to verify zoning.
Property Taxes
| Parcel Number | 7209-022-008 | Improvements Assessment | $1,040 |
| Land Assessment | $519,159 | Total Assessment | $520,199 |
Property Taxes
Parcel Number
7209-022-008
Land Assessment
$519,159
Improvements Assessment
$1,040
Total Assessment
$520,199
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