1667-1669 Cota Ave - Service FOR SALE


Long Beach, CA 90813- Westside Long Beach
$1,406,500 USD
562-547-8994
1667-1669 Cota Ave, Long Beach, CA for Sale
$1,406,500 USD
Service - FOR SALE
1/2
null | Request Cap Rate

1667-1669 Cota Ave
Long Beach, CA 90813
Westside Long Beach


HIGHLIGHTS

  • Quick Access to World Ports of Long Beach & Los Angeles
  • ± 3.2 Miles to Port of Long Beach
  • ±6 Miles to Port of Los Angeles
  • 710, 110 & 405 Freeways Near
  • Significant infrastructure investment in the immediate area includes: he'll be on dot rail support facility also known as America's green gateway (yar
  • Located in the "Green Zone"

OVERVIEW

Lender Owned Property. Priced to Move! Located in the "Green Zone" • ±4,850 SF Building on a ±6,580 SF Lot (±0.15 Acres) • Previously a two (2) unit building - Each ±2,425 SF • Hard to Find Fenced Concrete Paved Yard • Access from Front and Rear Yards (Alley access to Rear Yard) • Loading: Potential to Expand to 4 Ground Level (1 Ground Level Currently)(Dimensions 9'3" X 12'2") • Brand New Power Panel. Power has been upgraded • Clearance: ±13'3" to 14'2"(Buyer to Verify) - Drop Ceiling Available • Property has partial build out of electrical and plumbing • Interior Walls can be Moved or Removed • ± 6 Parking spaces in front of building w/ possible parking in rear (currently not striped due to new concrete) • Property is Sold As-Is, Where-Is Corporate Neighbors and Significant Infrastructure Assets include: Intermodal Container Transfer Facility (ICTF) Long Beach Container Terminal (LBCT) Per B On-Dock Rail Support Facility International gateway (SCIG) & BNSF Western Railyard Shell Oil Refinery PCH Truck Stop Toyota Logistics Services & Vopack Thunder Studios Significant infrastructure investment in the immediate area includes: he'll be on dot rail support facility also known as America's green gateway (yard expansion from 82 to 171 acres) Current budget is $.8 Billion of anticipated investment 929 W Anaheim Street Industrial Project (Consisting of new 62,000 and 42 square foot and 61,553 square foot building consolidated on 6.65 acres) The Watt Business Park off PCH Stability of Investment: Mature industrial corridor with compatible neighboring uses Surrounded by logistics parks, container yards call mom in it merit of industrial business operations from what assembly, manufacturing come on auto collections, import and export warehousing in port support businesses. A large supply of skilled most effective labor workforce the port centric nature of the asset in a heavy industrial area provides for a greater consistency of constrain supply and strong demand Relatively little movement with stabilized long term business operations in the area Owner user and investment appeal: The location in Long Beach provides a better investment opportunity for business owners living in the beach cities and seeking quality long term investment in a stabilized community an affordable price point. Assets of this nature in the area historically have benefited from the ease to lease up in the event of vacancy

FOR SALE DETAILS

PRICE

$1,406,500 USD

PRICE/SF

$290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Distribution, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Water, Sewer

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,580

ZONING

LBIG

APN/PARCEL ID

7432-001-023

ASK ABOUT THIS PROPERTY

Lary CarltonColliersMore Info
562-547-8994

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Lary CarltonColliersMore Info
562-547-8994

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