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Huge Price Decreased! Welcome to this mixed-use Commercial and Residential Property in Long Beach.Discover an exceptional investment opportunity in the heart of Long Beach with this mixed-use property situated on a corner lot along a bustling major street. Boasting a prime location, this versatile property offers both commercial and residential potential, making it an ideal choice for savvy investors or entrepreneurs seeking to capitalize on the city's vibrant real estate market.Key Features:* Prime corner lot location on a busy major street in Long Beach, offering high visibility and accessibility.; * Versatile mixed-use zoning allows for a variety of commercial and residential uses, providing flexibility and potential for multiple revenue streams; * Currently utilized for manufacturing home furniture, presenting an existing business opportunity or the potential for conversion to other commercial uses such as retail, office space, or showroom; * Spacious interior layout with ample square footage, providing plenty of room for expansion or customization to suit your needs.; * Residential component offers the possibility of live-work arrangements, rental income, or redevelopment into multifamily housing, catering to diverse market demands.; * Proximity to amenities, transportation hubs, and residential neighborhoods enhances the property's appeal and potential for attracting customers or tenants.Whether you're an investor seeking to diversify your portfolio, an entrepreneur looking to establish or expand your business, or a developer with a vision for maximizing the potential of this prime location, this mixed-use property in Long Beach offers an exciting opportunity to capitalize on the city's dynamic real estate market. Don't miss out on your chance to own a piece of this thriving community—schedule a viewing today!
Last Updated | 5/21/2024 | Year Built | 1950 |
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Community | North Long Beach | County | Los Angeles |
Price History
Prior to May 21, '24 | $1,000,000 |
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May 21, '24 - Today | $900,000 |
Additional Details
AREA | North Long Beach |
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BUYER'S BROKERAGE COMPENSATION | |
LOT | 4239 sq ft |
LOT DESCRIPTION | Corner Lot |
STORIES | 1 |
UTILITIES | Electricity Connected,Natural Gas Connected, Electric: Standard |
WATER | Public |
Location
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