5751 E Pacific Coast Hwy #E3
Long Beach, CA, 90803 $ 100,000
Baths0.0 Monthly Estimate*
$ 699
Listed by Frontier Realty Inc
Studio
for $100,000. This building was built in 2022.
Just lowed purchase price from $250,000 to $100,000 Pho & Crawfish House benefits from a prime location in Bixby Village Plaza, drawing in approximately 44,800 weekly visitors, ensuring visibility to locals and passersby. With a huge parking lot to serve your clients. Situated near high-traffic intersections such as 7th Street, Bellflower Boulevard, and Pacific Coast Highway, the restaurant attracts commuters, travelers, and locals, with significant vehicle traffic of approximately 95,000 and 60,000 cars daily. Proximity to Target and the VA Medical Center, serving 2,200 employees and 50,000 veterans, enhances the restaurant's appeal. It's strategically positioned for convenience, catering to diverse clientele. Close proximity to California State University, Long Beach, with a sizable student population of around 40,000, offers a steady stream of customers seeking quality dining options. Minutes away from Belmont Shore, renowned for its vibrant atmosphere and dining options, Pho & Crawfish House serves as an attractive destination for residents and visitors alike. Prospective buyers have the opportunity to reimagine the restaurant's concept, leveraging its prime location and existing infrastructure for culinary innovation. Following a successful 2022 renovation resulting in increased sales and profits, Pho & Crawfish House is poised for continued growth and prosperity under new ownership, with the option to acquire existing assets. In summary, Pho & Crawfish House's prime location, strategic positioning, adjacency to key establishments, proximity to educational institutions, convenience to Belmont Shore, flexibility for concept change, and post-renovation success make it an appealing investment opportunity in Long Beach's dynamic dining scene.
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FeaturesExteriorTotal Parking 30.0
Spa N
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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GeneralYear Built 2022
Business Type Restaurant
Building Name Bixby Village Plaza
County Los Angeles
Operating Expense 55000.0
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions From CA-22 W turn left onto Channel Dr then turn right to Bixby Village Plaza next to TARGET Seventh Street and Pacific Coast Hwy.
City Long Beach
View Y/N N
Senior Community Y/N N
MLS Area 699 - Not Defined
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name E Pacific Coast Hwy #E3
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N Y
Additional Parcels Y/N N
Leasable Area 1860.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 20
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Tenant
Year Built Source Other
Ownership Type Corporation
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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* Excluded FeaturesList ByFrontier Realty IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $699
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyCommerical listings in Long Beach, CA
Average List Price $1,599,254
Percent of Sale Price 1,499%
About Long Beach, CA 470,090 Population
2% Since 2002
$ 57,916 Median Income
35.78 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/9/2024 | $100,000 | -60.00% | Price Down |
3/19/2024 | $250,000 | | Listed Price |