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3401 Pacific Pl
Long Beach, CA 90806
Retail Property For Sale
Investment Highlights
- Fully occupied corner lot.
- Flexible land use potential suitable for multiple development options.
- Opportunity to secure a parcel with long-term value appreciation potential.
- Convenient access to major transportation routes enhances connectivity.
- Located in a region experiencing steady economic and infrastructure growth.
- Positioned to attract future commercial or residential demand.
Executive Summary
Rare Commercial Property for sale in Long Beach! Commercial property consist of donut shop, coin laundry, and restaurant. Donut shop - 950 sqft, pays $3100 a month for rent. Coin Laundry - 2200 sqft, pays $5120 for rent. Restaurant - 950 sqft - pays $3500 for rent. Annual gross is $140,640. Annual expense is $42811. Annual net is $97829. Conveniently located on the corner of Wardlow Rd and Pacific Place. Ample parking. Minutes away from 405 and 710 freeway.
Property Facts
Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
4,100 SF
Building Class
C
Year Built
1987
Price
$2,750,000
Price Per SF
$670.73
Cap Rate
3.56%
NOI
$97,829
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.31 AC
Zoning
LBCNA - LBCNA
Amenities
- Corner Lot
- Restaurant
Property Taxes
| Parcel Number | 7204-006-049 | Improvements Assessment | $511,705 |
| Land Assessment | $526,053 | Total Assessment | $1,037,758 |
Property Taxes
Parcel Number
7204-006-049
Land Assessment
$526,053
Improvements Assessment
$511,705
Total Assessment
$1,037,758
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