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Property profile & analytics
OFF-MARKET
Specialty properties

0 Pacific Coast Hwy Long Beach, CA 90813

Built 1950
Property ID
Property summary
AI-generated overview

This exceptional 18,963 square foot lot located at 1500 W. Pacific Coast Highway in Long Beach, CA 90813, presents a unique investment opportunity. Currently operating as a car wash, the property features a 3,162 square foot building on a fee simple lot. Built in 1950, the single-story structure boasts a 14-foot ceiling height. The property is zoned CHW & IG, allowing for diverse commercial and industrial uses. Its prime location along a major thoroughfare sees approximately 40,000 cars daily, offering high visibility and accessibility. The expansive lot size and flexible zoning make this property ideal for an owner-user seeking a high-traffic location or an investor looking for redevelopment potential, such as a drive-through restaurant. The property's APN is 7432-014-012. This is a rare chance to acquire a well-situated property in a thriving area of Long Beach. The asking price is $3,395,000.

Property profile
Verified
Property type Specialty properties
Year built 1950
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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