Property Description

Attention investment !!! Prime locations ,Current tenant is an auto shop with monthly rent of $5,000 with annual 3-5% rent increase; current tenants lease is up 2/11/2022 with no more options; first building is 1218 SF , 2nd building is 996 SF ; entire lot is 10,166 SF ; great investment opportunity,rnAlso the rent wasn’t increased by 3% annually for the last 5 years, A new contract $5,000/ per month with 3% annual increase. We can make a contract that states all major repairs will be made by landlord at 5k/month, if not they will remain month to monthrnGood investment opportunity !!! Property sold as is! Cash buyer/investor only!rnAny questions lt me know

Features
1
Additional Information
Team Spirit Realty, Inc.
0
NPARKANN
PB6564
Anna
7127009032
: Standard

Commercial Sale For Sale

5508 Atlantic Avenue, Long Beach, California 90805

2,214 Sqft
$650,000
Listing ID #PW22020931
Basic Details
Status : Active under contract
DaysOnMarket : 238
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : PW22020931
Price : $650,000
Living Area : 2,214 Sqft
Year Built : 1938
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90805
Price Per Square Foot : $294
ModificationTimestamp : 2022-09-29 05:17:53
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