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215-219 E 10th St. Long Beach 215-219 E. 10th Street, Long Beach, California, 90813

 
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Verified : 2/4/2016 Active

215-219 E 10th St. Long Beach 215-219 E. 10th Street, Long Beach, California, 90813

$1,000,000.00   / ForSale

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Property Highlights

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$1,000,000.00
Sale Price:
$1,000,000.00
Price/SF:
Unlisted
CAP Rate (%):
5.11
NOI:
Unlisted
Net Lease:
Unlisted
Gross Leasable Area (SF):
Unlisted
Total Lot Size (SF):
5,752
Occupancy (%):
Unlisted
Population Range:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Unlisted
Zoning:
Unlisted
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Bldg. Size:
4,836
Net Rental Area:
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
Unlisted
Year Of Build:
Unlisted
Year Of Renovation:
Unlisted
Vacant SF:
Unlisted
Price/SF:
Unlisted
Parcel Number:
7273 007 035 / 7273 007 037
Tenancy Type:
Unlisted
Construction Status:
Unlisted
Construction Type:
Unlisted
Sprinkler:
Unlisted
Owner Occupied:
Unlisted
Parking Ratio:
Unlisted
Parking Cost:
Unlisted
Mass Transit:
Unlisted
CAM:
Unlisted
Utilities:
Unlisted
Price Per Acre:
Unlisted
Divisible:
Unlisted
Divisible Min:
Unlisted
Divisible Max:
Unlisted
Property Taxes:
Unlisted

Property Description

This Investment property is a mixed-use property about 2 miles away from Downtown Long Beach, which sits on 2 separate parcels. There are 2 retail units in the front and 3 residential units altogether. One of the retail shops is a beauty salon and the other retail shop is a clothing store. Both retail buildings are fully occupied with gross modified leases that are month-to-month. Directly on top of the retail buildings is a 3 Bed / 1 Bath unit. Behind the retail is another 2 story building consisting of 2 units that are on a separate parcel. The top unit is 2 Bed / 1 Bath and the bottom unit is 1 Bed / 1 Bath. This property is in an area that is going through a revival in the downtown Long Beach area. In close proximity of the property, by Long Beach Blvd., retail outlets have been opening up as of recent such as Chase Bank, restaurants, clothing stores, and new Apts/Condos. Also, this building is next to the metro train station. From an investment stance this building has lots of potential for lucrative financial gain in the future, being that the area is up and coming.