16 E Market Street Long Beach, CA ^$ 689,000

16 E Market Street

^$ 689,000

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16 E Market Street

Long Beach, CA, 90805

^$ 689,000

Studio Baths0.0 Sq 960

Monthly Estimate*

^$ 4,813

Listed by Helen Kim, Broker

16 E Market Street, Long Beach, CA 90805 - Image 1

16 E Market Street, Long Beach, CA 90805 - Image 2

16 E Market Street, Long Beach, CA 90805 - Image 3

16 E Market Street, Long Beach, CA 90805 - Image 4

16 E Market Street, Long Beach, CA 90805 - Image 5

16 E Market Street, Long Beach, CA 90805 - Image 6

Studio

Commercial Property for sale in Long Beach, CA

for $689,000. This 960 square foot building was built in 1964 on a lot size of 0.1955.

Great opportunities with this large lot (currently a 960 sq ft commercial building sits on the site), located right off Long Beach Blvd and near the 710 freeway, near popular businesses such as an artisan coffee shop, athletic shoe store, etc. This 8500+ SQFT lot is a developer’s dream, offering ample space to build commercial, 1-2 residential, or mixed use unit(s); builders, take advantage of current building codes which allow the addition of ADUs. The location falls under AB 2097 which prohibits imposing minimum parking requirements. Please refer to the Long Beach city zoning office to verify and review the CNR designation and all local‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ ordinances.

Commercial Active

Price

^$ 689,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.1955

Year Built

1964

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB23088138

Days on Market

350

Features

General

Zoning C3P/CR residential

Exclusions Small business (Smile Food Voucher Shopping)

Year Built 1964

Property SubType Business

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Exit off of the 710 freeway onto Long Beach Blvd. and drive southbound and the lot is located on the corner of Market St. and Long Beach Blvd.

City Long Beach

View Y/N N

Senior Community Y/N N

MLS Area 7 - North Long Beach

Lot Size Square Feet 8518.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Market

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 220

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Owner

Property Sub Type Additional Business

Expected Active Date 2023-05-31

Exterior

Lot Features Item01UnitAcre CornerLot

Water Source Other

Lot Size Area 8518.0

Number of Buildings 1

Spa N

Building Area Total 960.0

Lot Size Acres 0.1955

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 0

Electric On Property Y/N N

Internal Only

Street Number 1 16

* Excluded Features

List By

Helen Kim, Broker

Broker

(310) 809-3222

Phone

Affordability Calculator

$4,813

Per Month

Monthly Principal & Interest: $4,813
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Long Beach, CA

Average List Price ^$1,599,254

Percent of Sale Price 132%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/31/2023	$689,000		Listed Price

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16 E Market Street, Long Beach, CA, 90805 is a Commercial Property for sale at $689,000 with 960 sqft and a lot size of 0.1955. 16 E Market Street is a studio with 0.0 baths and was built in 1964. The property's zip code is 90805 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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16 E Market Street

Commercial Property for sale in Long Beach, CA

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