301 East South St., Long Beach, CA 90805

FOR SALE
  • $1,500,000
  • 185 Days on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building

Description

Great opportunity for investor. 5 Unit retail store including laundry store business & 44 washer machine & 30 dryer machine and two
 coin change machine. All machine are worth in value $ 302,200 . Parking space in the rear.
 Laundry store count for 2 unit . Lot size : 13,178 is including 2 parcel number. Building square feet : 7,272 is including 2 parcel number.
 Cape rate : 7. 48 % is including laundry store business income .
 Gross income is $ 242,302 per year .
 Rental income $ 95,902 + laundry store business income $ 146,400 total $ 242,302 per year .
 Two parcel number # 7125-031-011 and 7125-031-012 .
 Good income !

  • MLS ID# WS16120093
  • Year Built: 1948
  • 185 Days on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Listing Details

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
92,811
Median Household Income
$41,664
Median Years In Residence
8
Median Homeowner Age
27
Households with Children
68.72%
Percent of Homes Rented
53.84%

Nearby Elementary Schools

5369 Linden Ave
5320 Pine Ave
6095 Orange Ave

Nearby Middle Schools

5369 Linden Ave
1022 E Market St
6095 Orange Ave

Nearby High Schools

6500 Atlantic Ave
6095 Orange Ave
5075 Daisy Ave

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: Ko Tai Realty
(626) 285-8333
Listing Agent: Lily Wang

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