Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

1,820 sqft

Lot size

5,904 sqft

Year built

1946

Stories

1

Heating

Wall Furnace

Status

Active

Days on market

314

MLS #

233362365

About this property

Prime Corner Development Opportunity | Mixed-Use Zoning | On-Site Parking. Rare opportunity to acquire a prime corner property with on-site parking in Long Beach, offering outstanding potential for developers, investors, and owner-users.Zoned Residential and Mixed-Use, the property allows for a wide range of possibilities, including medical offices, urgent care facilities, caf or restaurant concepts, boutique fitness studios, professional offices, or mixed-use residential development. The dedicated parking lot is a valuable asset that enhances the property's development potential and business viability, an increasingly rare feature for urban sites. Located on a high-exposure corner with steady traffic flow, the property provides excellent visibility and accessibility, making it an ideal location for businesses seeking a strong community presence. This is an excellent opportunity to redevelop, reposition, or establish a thriving venture in a growing area of Long Beach. Buyer to independently verify zoning, permitted uses, and development potential with the City of Long Beach.

Location

800 E South Street

Long Beach, Los Angeles, CA, 90805