2225 Pacific Avenue, Long Beach, CA 90806

  • $1,099,000
  • $223
2225 Pacific Avenue, Long Beach, CA 90806
  • Commercial Sale
  • Property Type
  • 1952
  • Year Built
For Sale
2225 Pacific Avenue, Long Beach, CA 90806
  • $1,099,000
  • $223

Overview

Property ID: SGR-25605475
  • Commercial Sale
  • Property Type
  • 1952
  • Year Built

Description

Welcome to your next investment opportunity! 2225-2231 Pacific is a prime retail, office building in the Wrigley Village retail corridor offering 112 feet of frontage on walkable Pacific Avenue. Boasting a large rentable space of 4,920 square feet, your options are endless with a variety of allowed uses. The property has been in the same ownership for over 20 years. The space is currently built out with 3 suites and 6 parking spaces in a gated entry at the rear. This building is perfect for an Investor or an Owner User, a 1031 Exchange, or a SBA loan with 10% Down. Tons of upside potential here with steady changes in the area. You can benefit from tremendous value-add as all tenants are on month to month tenancy paying below market rents. The property originally had 4 suites but two suites have been converted into one larger suite (but can easily be converted back). Neighboring areas are Signal Hill, Wrigley Heights, and Downtown Long Beach. The property is also located in the MJ Hemp zone which allow tons of business opportunity and situated conveniently near the 405 and 710 freeways. Please check with the City of Long Beach for all zoning and usage.

  • Address 2225 Pacific Avenue
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90806
  • Area 5 - Wrigley Area
  • Country United States

Details

Updated on May 15, 2024 at 10:46 pm
  • Property ID: SGR-25605475
  • Price: $1,099,000
  • Land Area: 6602.00 m²
  • Year Built: 1952
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 4920.00
  • MLS#: AR24040590
  • Office Name: REAL BROKERAGE TECHNOLOGIES, INC
  • Agent Name: Ray Kim
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Real Brokerage Technologies, Inc
  • Co-Agent Name: Yumi Kim
  • Agent State License: 01803155
  • Co-Agent State License: 01987116

Additional details

  • Cooling: Central Air
  • Heating: Central
  • County: Los Angeles
  • Property SubType: Office
  • Water Source: Public

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