1429 East South Street

Long Beach, CA 90805

$1,099,000
Price
—
Beds
5,500 Sq. Ft.
$200 / Sq. Ft.
5,500
Sq. Ft.
$200
per Sq. Ft.

Description

$199 a square foot! This price is below build and land costs. Three separate units on two different electric meters. 6 car private parking lot secured with gate. Zoned to convert to residential and most businesses, laundromat, tobacco smoke shop, convenience store etc and most importantly, this building is grandfathered in exclusion for city parking requirements. For example a laundromat in Long Beach requires 6 parking spots per 1,000 sq feet. That requirement would be waived and plenty of street...$199 a square foot! This price is below build and land costs. Three separate units on two different electric meters. 6 car private parking lot secured with gate. Zoned to convert to residential and most businesses, laundromat, tobacco smoke shop, convenience store etc and most importantly, this building is grandfathered in exclusion for city parking requirements. For example a laundromat in Long Beach requires 6 parking spots per 1,000 sq feet. That requirement would be waived and plenty of street parking for a business here surrounded by apartment buildings. Whether you're a business owner looking for a strategic location or an investor seeking a lucrative opportunity, 1429 South St is a rare find. Take advantage of the dynamic Long Beach market and make this commercial retail building the cornerstone of your success. Ideal for investors seeking a valuable addition to their portfolio. Long Beach's thriving economy and development make this an attractive investment opportunity. Ample on-site parking for both customers and employees, enhancing accessibility. Situated in a high-traffic area with a diverse and growing community. The spacious interior offers a versatile layout suitable for a wide range of retail businesses. Proximity to popular shopping centers, restaurants, and entertainment hubs. Close proximity to schools, parks, and residential neighborhoods. Easy access to public transportation and major highways
  1. Listed by Albert Choi • DRE #01887095 • Brokerage DRE #01887095 • Albert P Choi, Broker • 949-751-7107

Property Details for 1429 East South Street

Building Area Total
5500
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
7123020030
Area
North Long Beach (7)
Directions
CA 91 Fwy exit E South St end at 1429 E South St Long Beach CA 90805
LISTING UPDATED: 09/21/2024 08:54 AM

Property Details for 1429 East South Street

StatusActive
MLS #PW24113795
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built-
Lot Size0.19 AC / 8,239 SF
CountyLos Angeles County

Building Information for 1429 East South Street

Stories1Residences-Year Built-Lot Size0.19 AC / 8,239 SF

Property Information for 1429 East South Street

Income / Expense / Tax Details
Income Details
  • Current Financing: Assumable, Private
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: Central Air
  • Heating: Central
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Use: Industrial, Multi-Family, Office, Other, Retail
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing

Property History for 1429 East South Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1429 East South Street

Taxable ValueLand$535,447Additions$172,903Total$708,350
Tax Record2024$567 ($47 / month)
Home Facts
Total Finished SqFt5,500 SqFtAbove Grade Finished SqFt5,500 SqFtLot Size8,239 SqFtStyleStoresYear Built1959ZoningLBCNRCountyLOS ANGELESAPN7123-020-030

Schools near 1429 East South Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Harte Elementary School
Public - K to 5
Lindbergh Middle School
Public - 6 to 8
Jordan High School
Public - 9 to 12
IVA - Intellectual Virtues Academy Middle School
Charter - 6 to 8
Rating
School
Distance
Harte Elementary School
PublicK to 5

Lindbergh Middle School
Public6 to 8

Jordan High School
Public9 to 12

IVA - Intellectual Virtues Academy Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1429 East South Street, Long Beach, CA 90805

1429 East South Street is a mixed use property for sale in Long Beach, CA 90805. This property was listed for sale on June 4, 2024 by Albert P Choi, Broker, it's currently listed at $1,099,000. This listing's school district is Long Beach Unified School District. Nearby schools include Harte Elementary School, Lindbergh Middle School and Jordan High School. 1429 East South Street is a 0-bed, 0-bath, 5,500 sqft mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Albert P Choi, Broker, Albert Choi, DRE #01887095

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.