Excellent location in Torrance's Walteria area, nestled at the foothills of Palos Verdes behind Walteria Park, and conveniently within walking distance to eateries and a Starbucks coffee shop. This property boasts Commercial General Zoning with Hawthorne/PCH Overlay Plan, offering flexibility for a wide range of office, retail, and service businesses. The premises include three parking spaces. Featuring a well-designed layout with two separate yet contiguous suites, each equipped with its own bathroom. The smaller rear unit features a private entrance, a walk-in shower, and a secluded patio. The larger front unit offers two spacious office areas, a copier/printer workstation with cabinets, and a galley kitchen. Recent major capital improvements and upgrades within the past five years include a new roof, upgraded electrical system, two HVAC units, and a new concrete parking area. Ideal for an owner-user looking to occupy the entire building or more than 51% of the front suite to qualify for SBA Financing with only a 10% down payment.
Prime Commercial Opportunity! This expansive corner lot at 1500 W Pacific Coast Hwy, Long Beach, CA 90810, spanning 18,963 sq ft, is a business owner's dream. Boasting a generous 3,162 sq ft building, this property is strategically located for success. Perfect for businesses requiring ample parking or a drive-thru setup, the proximity to the Port of Long Beach enhances its commercial appeal. Situated near bustling business districts and surrounded by a thriving residential area, accessibility is heightened by its closeness to the 710 and 1 freeways. Seize this chance to establish or expand your business in a high-traffic, strategic local.
1533 W 224th St is a 6-unit Apartment Building constructed in 1986. Nestled in the vibrant neighborhood of Torrance, CA, this charming property offers residents a blend of modern comfort and urban convenience. The property provides an investor the opportunity to significantly improve the rents to be in line with the current rental market. This property is perfect for an investor looking for a value-added opportunity located in a growing rental market. Boasting a strategic location just minutes from the Pacific Ocean, this property taps into Torrance's allure as a hub of economic activity and coastal living, offering investors a gateway to the thriving South Bay region of Los Angeles County. Investors at 1533 W 224th St benefit from the city's diverse business landscape and strong job market, positioning this property as a lucrative asset in any portfolio.Additionally, the property enjoys easy access to several major highways, including Interstate 405 (I-405), Interstate 110 (I-110), and State Route 1 (SR-1), providing convenient routes for commuters traveling throughout the Greater Los Angeles area. With its desirable location, modern amenities, and proximity to parks, beaches, and major highways, 1533 W 224th St presents an exceptional opportunity for those seeking to blend stab
Introducing this unique investment property 1548 W. 19th St. & 1550 W. 19th St. in the city of Long Beach. This includes two separate buildings. 1548 W. 19th, built in 1958, features 8 units,: 2 bedrooms and 1 bath each. The bathrooms have been updated. Second detached building (1550 W. 19th St.) is a single family residence (2 story) that has 3 bedrooms and 1 bath. One bedroom is located downstairs and the upstairs has a small loft and 2 bedrooms. The total building square footage is 7,318. The lot size is 9,768 sf. The property also features 7 single car garages, laundry room, newer double pane windows, covered patio, and small garden area. This property has a lot of potential.
Please see attached Offering Memorandum for additional information. Beautiful 914 N. Loma Vista Drive is a charming 8 unit apartment complex adjacent to dynamic downtown Long Beach. This property features four standard one-bedroom, two deluxe one-bedroom, and two balcony one-bedroom apartments. The property has been substantially improved by its current owner who has owned & operated it for 7 years. During that time, the current owner has invested a total of over $148,000 in capital expenditures to the property, completing major renovations on 6 of 8 units and contributing $46k+ into the building exterior. These improvements have yielded an increase of the annual rent roll from $70,752 in 2015 to $136,476 today (an increase of 92.89%). The property is being offered at a price of $2,200,000, which is an attractive 15.92X multiple of current gross rents (12.93X on market rents) and a Cap Rate on current rents of 3.90% (5.23% on market rents).
527 W. 3rd Street is a 36-unit apartment asset in prime Downtown Long Beach. The property features a mix of four (4) 1BD / 1 BA, (27) studios, and five (5) micro studios. Many of the units have been renovated with designer fixtures and finishes, including new countertops, cabinetry, tile and flooring in the kitchens and bathrooms, stainless steel appliances and lighting. The secured access building offers a bright, spacious entryway, new carpet and paint in hallways, and on-site laundry facilities. With its prime West Gateway location, the property provides convenient access to the newly redesigned Lincoln Park, an integral part of the 22- acre, $520 million Civic Center redevelopment project. The Long Beach Civic Center Master Plan includes a 270,000-square-foot City Hall, 93,500-square-foot landmark Main Library, updated bike/bus/Metro Blue Line transit system, design guidelines for 800 residential units, and vibrant amenities across the revitalized Downtown area. 527 W. 3rd Street presents a new buyer with a beautifully renovated asset in a highly desirable Long Beach location at 12.89 GRM on actual rents.
SUNSET GROUP REALTY, on behalf of the Owner, is pleased to offer for sale PCH & HARBOR , a RETAIL property conveniently located in Long Beach, CA. PCH & HARBOR is strategically located on Harbor Ave. off the 710 Fwy . Newly built, in 2022, this 8,288 square foot retail opportunity is available for immediate occupancy.High end finishes accent the two showrooms with high ceilings and private entrances. Large reception area, server room, 4 private office opportunities, break room and large warehouse area with roll up door. The subject property sits on 0.34 acres and consists of approximately 8,288 SF. There is ample parking with 3.62 spaces per 1,000 SF with 30 total parking spaces. PCH & HARBOR is located in a high traffic area off PCH and the 710 and conveniently located near the Port of Long Beach and up and coming Downtown Long Beach. Owner May Finance
Discover a prime commercial opportunity in the vibrant City of Carson. This unique property, comprised of two adjacent legal parcels, is perfectly positioned three-quarters of a block south of Carson Street near the west end of the city. Currently utilized as a day care center, the property offers expansive facilities and a welcoming environment that can easily be adapted to a variety of commercial uses. The seller is open to leasing back the property, presenting an attractive investment opportunity with immediate income potential.
A rare investment opportunity that is 1031-EXCHANGE ELIGIBLE from residential property. Spanning 3,240 square feet across four units on an 11,690-square-foot lot, this single-level property boasts high visibility and traffic flow. Situated within the bustling Vista Plaza Shopping Center, it appeals to both investors and potential owner-users. Notably, more than 51% of the property will be delivered vacant, making it SBA FINANCING ELIGIBLE. The location is strategically positioned along the iconic Pacific Coast Highway, offering exceptional visibility and accessibility within South Torrance, a coastal city that's highly attractive to businesses and residents due to its proximity to major urban centers like Los Angeles and Orange County. Property features include recent upgrades such as a newer roof, HVAC system, updated restrooms, and flooring, ensuring low maintenance and appealing amenities for tenants. The tenant mix benefits from being part of the Vista Plaza Shopping Center, anchored by popular retailers like Sprouts Farmers Market and H-Mart, ensuring steady foot traffic and business synergy. SBA FINANCING option enhance accessibility for qualified buyers looking to establish a foothold in Southern California's commercial real estate market. The unparalleled visibility, conv
We are pleased to present the 7th Street Property. This is a one-of-a-kind apartment community with Spanish Colonial architecture which offers a historic feel for the tenants. Located on 7th Street in Long Beach, one of the areas major thoroughfares, residents are less than mile from the beach and near many shops and restaurants. Additionally, this building is individually metered for electricity and offers a rooftop deck that overlooks downtown Long Beach. The property is comprised of seventeen spacious units each with 10-foot ceilings. 11.08 GRM and 5.8% CAP Rate on In Place Income
338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 11.42 GRM on current rents. The property is comprised of (2) three- bedroom units, (5) two-bedroom units, and (10) one-bedroom units. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. The property is located in prime Downtown Long Beach, steps from a plethora of retail and dining amenities as well as the $520M, 22-acre Civic Center redevelopment, and a two-minute walk to the Metro A Blue Line Pacific Station stop.
Please see the Supplements section to access the Offering Memorandum. Beautiful 1151 Daisy Avenue is a charming 12 unit apartment complex in dynamic downtown Long Beach. This property features a roster of ten standard studios, two loft studios, laundry room, and four individual garages. The building was constructed in 1921, has a rentable area of approximately 4,604 SQ/FT, is built on a 7,440 SQ/FT lot, and is in absolutely turn-key condition to generate ample amounts of income from day one. All units are also individually metered for gas and electricity.
Price SLASHED!!! Recently upgraded office space with approximate 2500 square feet TURNKEY. Large warehouse with 5 roll up commercial doors. Zoned Light industrial and Cannabis cultivation and manufacturing. Perfect for auto restoration and storage. Plenty of private off street gated parking on large 14,000+ square foot flat lot. Owner will carry 1st TD with 25% down Submit on interest rate and terms.
A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer at 6.24% cap rate. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs. The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior of the building. Low management. Business is also for sale: Per tenant, gross over $500,000 yearly and sale price is $500K. The residential units have all been renovated with vinyl and tile flooring, all except one have new kitchen cabinets and quartz countertop and brand new vinyl, retrofit, dual glazed, low E windows. Building has also been freshly painted exterior. All great tenants and great relationship with Landlord. Landlord only pays water and landscaping. Low expenses. Residential address is 1709 W 25th Street, Long Beach, CA 90810. This property is self managed by owners with ease for over 10years with almost no vacancy in the last 10years. No shortage of renters for the area. Maybe eligible for SBA 7a Loan or SBA 504 loan with 10% down.
A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer at 6.24% cap rate. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs. The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior of the building. Low management. The residential units have all been renovated with vinyl and tile flooring, all except one have new kitchen cabinets and quartz countertop and brand new vinyl, retrofit, dual glazed, low E windows. Building has also been freshly painted exterior. All great tenants and great relationship with Landlord. Landlord only pays water and landscaping. Low expenses. Residential address is 1709 W 25th Street, Long Beach, CA 90810. This property is self managed by owners with ease for over 10years with almost no vacancy in the last 10years. No shortage of renters for the area.
We are proud to present a unique opportunity to acquire a fully renovated 6-unit apartment building in the heart of Old Town Torrance. Nearly new construction, every part of the property has been rebuilt from the bare studs, including all-new main systems and units. The property has undergone extensive capital improvements with current ownership spending about $2M to restore the property to brand new condition. The quality of construction is top notch and ownership left no stone unturned during the process. Originally constructed in 1930 as one of Torrance's first hotels, the property brings historic charm and modern convenience. The buildings feature brand new roofs, PEX plumbing, ABS sewer lines, brand new electrical, vinyl windows, central air conditioning/heat in 1913 and mini-split systems in 1915, new exterior paint, individual tankless water heaters, new decks/railings, solar panels for two units, new garage doors and new landscaping. All unit interiors have been completely gutted and the finishes include quartz countertops, custom white shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, LED lighting, washer/dryers, new vanities, and custom tile showers. The property is composed of two structures. There is a front building which includes 4 units and
Offers due by May 17th! 8 homes on a large 19,846 sqft corner lot. 229 E 219th St can be delivered fully vacant at close of escrow for a buyer to either renovate the existing homes, demolish and rebuild townhomes, apartments, or create a small lot subdivision for homes. The unit mix is comprised of (4) 2-Bed/1- Bath and (4) 1-Bed/1-Bath units. Each unit has a private yard. 229 E 219th St is located off Main St and Carson St, which is conveniently situated near the 110 and 405 freeways giving any tenants or future owners easy access to get around the city. Upon stabilization, the property will operate at a 8.00% CAP and 8.86 GRM.
Great Cash-Flow Deal! Located just outside of booming Downtown Long Beach, 1409 Magnolia Ave is a well-maintained 6 unit building with a high yielding unit mix of (3) 3Bed/1Bath, (2) 2Bed/1Bath, and (1) 1Bed/1Bath units. The property currently grosses $13,516/month and operates at a 6.85% CAP and 10.45 GRM. 1409 Magnolia Ave is the ideal investment for investor looking for day 1 cash-flow with significant upside in rental income. The subject property is located just outside the $6 Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Project, CSULB Downtown Village, Broadway Block, the Pacific and Queen Mary Island.
***Just reduced by $220,000***6.8% Cap Rate***SIX unit building just north of Downtown Long Beach. Property consists of a 4 bed 2 bath Craftsman single family home in front, and a rear building with 5 additional units (TWO 2bed 1 bath units, TWO 1 bed 1 bath units, and ONE non-conforming 2 bed 1 bath basement apartment). Amenities include on-site parking, on-site laundry for extra income, and an upstairs observation deck with 360-degree views of the San Gabriel Mountains, the Downtown skyline, and Palos Verdes Peninsula. All tenants are long-term multiple-year occupants on month-to-month rental contracts. These extremely well-performing units are all month to month with wonderful long-term tenants, a 6.8% Cap rate and tons of growth potential!
We are delighted to offer this 2500 Square foot Gas Station and AM/PM Mart leased to Arco until 2037 (13+ years remaining). This Arco is located on the corner of Santa Fe Ave. and W. Willow St. This property boasts 150 feet of frontage on Santa Fe Ave and W. Willow St. Property has 4 Fuel Islands with 8 total fuel pumps.
14 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Priced at 11.3X GRM and 5.6% CAP on current rents - with upside to a 5.9% CAP. The property is professionally managed and well maintained. Some units have updated kitchens, baths and flooring. The property also just received updated landscaping and paint. The building features and excellent unit mix for the area and is located blocks from $8BB worth of redevelopment in the Down Town Long Beach area. There is no onsite parking but there is onsite laundry. The electrical is Siemens - it's a 200 AMP main panel with 30 AMP subpanels (Buyer to verify). EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND ACTUAL EXPENSES.
19 Room and 1 Mangers Housing Motel for Sale in Downtown Long Beach. All Rooms and Bathrooms have been renovated in the recent years. Property sits on a large lot with lots of available parking. Managers units is 1 bedroom with 1 full bath. Property has in house laundry with maid service. Close to the 710 Freeway Between 7th Street and Anaheim. Business is excluded from sale. Gross Income is 445,000/YTD
UPDATED RENT ROLL AND PRICE REDUCTION! Prime investment opportunity! Situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity boasts over 50% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $247,500/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
This building was a single family home long time ago. Currently it is being used as a Veterinarian Hospital. Sellers are in the process of consolidating their few locations. It has about 6 PLUS examination rooms, full fledged laboratory, kennel and a large yard. Ample parking on the property and on adjoining lot of KFC Because it is a PRIME location it can be used for many other Occupations like Medical, Dental and OTHERS Very close to Torrance and surrounding areas. Sellers have completely RENOVATED this building with NEW Flooring, Counter Tops with NEW Cabinets, Drawers, DOORS, NEW Sinks, Some of the NEW windows, Brand New accented Lights, Bathrooms with Handicap access, Recessed Lights, Internet (ethernet connections), New Electric, New Inside/Outside Paint. Yard is completely cemented with Slope for water to flow out.
1845 Maine Avenue 12-unit Spanish-Colonial style complex is located in Los Angeles County's rapidly growing Long Beach Market. Consisting of an ideal unit mix of (2) 1 bedroom/1 Bath units and (10) studio units. Strategically located in the heart of South Wrigley, tenants enjoy the restaurants, shopping, and entertainment of Downtown Long Beach, Pine Avenue, and The Shoreline Village. Access to commuting freeways and core job markets continues to make this location irreplaceable. A future investor will enjoy long-term upside with this asset due to a continued shortage of apartment housing and lack of affordability of single-family homes in Southern California.
