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Commercial Property — 1631 Alamitos Avenue, Long Beach, CA

$1,050,000

1631 Alamitos Avenue, Long Beach, CA

$1,050,000 — 1631 Alamitos Avenue, Long Beach, CA — photo 1 $1,050,000 — 1631 Alamitos Avenue, Long Beach, CA — photo 2 $1,050,000 — 1631 Alamitos Avenue, Long Beach, CA — photo 3 $1,050,000 — 1631 Alamitos Avenue, Long Beach, CA — photo 4 $1,050,000 — 1631 Alamitos Avenue, Long Beach, CA — photo 5
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About this property

Excellent investment opportunity in the heart of Cambodia Town in Long Beach. This corner commercial property offers approximately 5,085 SF of building space on a 5,484 SF lot with outstanding visibility at a signalized intersection that naturally slows traffic for added exposure. Built in 1925 and occupied by two established tenants, including a long-time beauty salon and a market/party rental business. Both leases have approximately 3 years remaining with upside rental potential. Electrical and plumbing systems have been updated, and the roof has been maintained. No known unpermitted additions or foundation issues. A prime opportunity for investors seeking stable income and future growth potential.

Property details

Square feet
5,085
Year built
1925
Property type
CommercialSale

Location

1631 Alamitos Avenue • Long Beach, CA 90813

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Listed by

Glenn Gaspar · eXp Realty of Southern Ca, Inc

Listing courtesy of eXp Realty of Southern Ca, Inc. Information deemed reliable but not guaranteed.

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