2-Unit Auto Shop
For Sale
$1,899,000
1472 Cota Avenue, Long Beach, CA 90813
Two operating auto body businesses occupy the property, which requires repair work.
Property Size10,000 SF
Price / SF$189.90
Days on Market101
Property Features for 1472 Cota Avenue
General Information
Standard status
Active
Size
10,000 SF
Property subtype
COMMERCIAL
Property Condition
Severity
Repairs Needed
Evidence
in need of some repair
Site & Location
Neighborhood
Westside South
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
collision/body shop
Building Details
Building Size
10,000 SF
Year Built
1947
Buildings
1
Listing Agency:
Century City Realtors
Listed By:
Christopher Quintal · License #01127650
(310) 770-2703
Source:
Velocityrealtysd
Added: Jul 20
Changed: Oct 28
Last Checked: Oct 27 at 1:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century City Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The auto shop property contains two 4,000-square-foot units and an enclosed 2,000-square-foot section between them. The building needs repairs and is currently occupied by tenants operating auto body repair businesses. Those tenants may consider remaining under longer-term leases.
The property is in Long Beach’s Green Zone, a designation noted for buyers exploring cannabis cultivation. This location detail does not establish permitted use.
The property is in Long Beach’s Green Zone, a designation noted for buyers exploring cannabis cultivation. This location detail does not establish permitted use.
Key Highlights
- Two 4,000‑square‑foot units with an enclosed 2,000‑square‑foot center section
- Occupied by tenants operating auto body repair shops
- Building requires repairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,191
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,843,820
$2.8M
Cap Rate 7%
$2,031,300
$2.0M
Cap Rate 9%
$1,579,900
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$219.6K $21.96/SF
− Vacancy
−$16.5K −$1.65/SF
EGI
$203.1K $20.31/SF
− OpEx
−$60.9K −$6.09/SF
NOI
$142.2K $14.22/SF
Area
ZIP 90813
Vacancy
7.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,843,820
Cap Rate 7%
$2,031,300
Cap Rate 9%
$1,579,900
Alternative Uses
Best Use
Retail
$2.03M
$1.78M – $2.37M
NOI $142,191 @ 7.0% cap · market cap 7.49%
Second Best
Industrial
$1.67M
$1.46M – $1.95M
NOI $116,861 @ 7.0% cap · market cap 6.15%
Theoretical Best
Multifamily LT 5
$3.28M
$2.87M – $3.83M
NOI $229,848 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
97k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 39%
Home Improvements & Furnishings 4%
McDonald's
Dining
29,395 visits/mo
0.3 miles
Shell
Shops & Services
18,091 visits/mo
0.3 miles
Jack in the Box
Dining
13,957 visits/mo
0.2 miles
ARCO
Shops & Services
11,731 visits/mo
0.4 miles
7-Eleven
Shops & Services
6,967 visits/mo
0.5 miles
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Reynoso's tires and truck services llc — B. Mobil bussines, 1084 N Loma Vista Dr, Long Beach, CA 90813
- Long Beach Tire — 2603 E Anaheim St, Wilmington, CA 90744
- Partners Truck Auto Electric — 825 Foote Ave, Wilmington, CA 90744
- Kabala Tires — 1679 W 9th St, Long Beach, CA 90813
- Jon's Body Shop — 1556 W 11th St, Long Beach, CA 90813
Frequently Asked Questions
What type of property is this?
Auto shop - Two operating auto body businesses occupy the property, which requires repair work.
Where is this auto shop located?
The property is located at 1472 Cota Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Two 4,000‑square‑foot units with an enclosed 2,000‑square‑foot center section; Occupied by tenants operating auto body repair shops; Building requires repairs
