This Retail Property is no longer advertised on LoopNet.com.

214-216 Atlantic Ave
Long Beach, CA 90802
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,662 SF
Building Class
C
Year Built
1915
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.10 AC
Zoning
PD30, Long Beach
Parking
2 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
41’ on Atlantic

Amenities

  • Bus Line

About 214-216 ATLANTIC AVE , LONG BEACH, CA 90802

The Flashman Investment Group is proud to present this 4-unit mixed use property located in highly desirable downtown Long Beach. Just blocks from the ocean and primely located on Atlantic Ave, this building is surrounded by shops and restaurants. The building generates both residential income from the 2nd floor units as well as retail income on the 1st floor. Just around the corner is Vons shopping center, the only local grocery store in the area. The two most notable aspects of this opportunity is the building will be delivered 100% vacant and sold together with the rear parking lot. I repeat, the building will be delivered entirely vacant and there is off-street parking for tenants. The parking lot has a separate APN and must be sold together with the building for an additional $175,000. The upstairs units are currently operated as a 2+2, however, legally the building is (2) 1+1 units that would need to be converted back. The Seller is looking for a clean offer with a quick close, so please submit all offers. All offers are subject to an interior inspection. The building is currently occupied so PLEASE DO NOT DISTURB THE TENANTS!

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 7281-014-014
  • 7281-014-012
Land Assessment
$699,759
Improvements Assessment
$466,503
Total Assessment
$1,166,262
  • Listing ID: 11852432

  • Date on Market: 3/9/2018

  • Last Updated:

  • Address: 214-216 Atlantic Ave, Long Beach, CA 90802

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