3338 Santa Fe Ave - Freestanding FOR SALE


Long Beach, CA 90810- Westside Long Beach
$400,000 USD
310-704-3616
3338 Santa Fe Ave, Long Beach, CA for Sale
$400,000 USD
Freestanding - FOR SALE
1/28
null | Request Cap Rate

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3338 Santa Fe Ave
Long Beach, CA 90810
Westside Long Beach


HIGHLIGHTS

  • Trust Sale
  • 2000SF building on a 2459SF Lot
  • property sale does not include neighboring parking lot
  • Heavy vehicle traffic
  • Adjacent residential area

OVERVIEW

Trust Sale - Located on Santa Fe Ave close to the 405 freeway. Substantial traffic count and highly dense residential area surround this freestanding retail building. he property is conveyed with existing tenant. The adjacent parking lot is owned by another party and not included in the sale of the building. The trustee has been advised the owner of the parking lot passed away, with no obvious heirs. Landlord appears to have originally granted parking privileges in the parking lot in the lease, but the Trustee has no evidence that the landlord had any agreement with the owner of that property. The sale of the building does not include any personal property (laundry equipment). The Trustee states the lease in place is unenforceable as it includes parking lot rights despite the Trustee not having clear title to the parking lot. The property is sold in as is condition, seller will not make any repairs. Buyer must executed trust sale addendum with offer submission.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

LBR3T

APN/PARCEL ID

7312-001-013

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.