5440 Long Beach Boulevard Long Beach, CA ^$ 840,000

5440 Long Beach Boulevard

^$ 840,000

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5440 Long Beach Boulevard

Long Beach, CA, 90805

^$ 840,000

Studio Baths0.0 Sq 4,560

Monthly Estimate*

^$ 5,868

Listed by LOU EDWARDS FINANCIAL INC.

5440 Long Beach Boulevard, Long Beach, CA 90805 - Image 1

5440 Long Beach Boulevard, Long Beach, CA 90805 - Image 2

5440 Long Beach Boulevard, Long Beach, CA 90805 - Image 3

5440 Long Beach Boulevard, Long Beach, CA 90805 - Image 4

5440 Long Beach Boulevard, Long Beach, CA 90805 - Image 5

Studio

Commercial Property for sale in Long Beach, CA

for $840,000. This 4,560 square foot building was built in 1928 on a lot size of 0.1184.

Incredible opportunity to purchase this two unit commercial retail unit located near the popular adjacent areas of Bixiby Knolls and Lakewood. Located in the northern part of Long Beach, the subject property has excellent visibility off the bustling intersection of Long Beach Blvd. The building currently consists of two long term retail units, a Beauty Salon and Liquor Store. The Beauty Salon is approximately 720 sqft and the Liquor Store is approximately 3840 sqft. These two units combined come to the VERY large total of 4560 SQFT!!! Building comes with 3 total parking spaces and ample street parking. Tenants currently pay rents below market value; however, the property shows an amazing potential for future development. Don’t miss this excellent chance to invest in this VERY large two unit commercial property located in the developing area of North Long Beach. BUYER TO VERIFY ALL INFORMATION IN THIS LISTING. CALL NOW!

Commercial Active

Price

^$ 840,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.1184

Year Built

1928

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

WS19035258

Days on Market

1,904

Features

General

Heating ForcedAir

Zoning Retail

Year Built 1928

Property SubType Retail

Tax Year 2016

County Los Angeles

Net Operating Income 45017.0

Operating Expense 6583.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions Off of Long Beach Blvd & Louise St

City Long Beach

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area 7 - North Long Beach

Lot Size Square Feet 5157.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Long Beach

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 1686

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Occupancy Description Tenant

Property Sub Type Additional Retail

Cap Rate 5.36

Exterior

Lot Features NearPublicTransit

Water Source Public

Lot Size Area 5157.0

Spa N

Building Area Total 4560.0

Lot Size Acres 0.1184

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 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Boulevard

Laundry Features None

Electric On Property Y/N N

Internal Only

Street Number 1 5440

* Excluded Features

List By

Lou Edwards Financial Inc.

Broker

(949) 870-2882

Phone

Affordability Calculator

$5,868

Per Month

Monthly Principal & Interest: $5,868
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Long Beach, CA

Average List Price ^$1,599,254

Percent of Sale Price 90%

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
3/12/2023	$840,000		Listed Price

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5440 Long Beach Boulevard, Long Beach, CA, 90805 is a Commercial Property for sale at $840,000 with 4,560 sqft and a lot size of 0.1184. 5440 Long Beach Boulevard is a studio with 0.0 baths and was built in 1928. 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 5/13/2024. 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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5440 Long Beach Boulevard

Commercial Property for sale in Long Beach, CA

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