5764-5780 2Nd St Long Beach, CA 90803
- Retail properties
- 13,159 SF
- 0.23 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5764-5780 2Nd St
- Year built
- 1960
- Lot size
- 0.23 lot acres
- Property size
- 13,159 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional mixed-use property, located at 5764 & 5780 E. 2nd Street in Long Beach, California's desirable Belmont Shore neighborhood, presents a compelling value-add investment opportunity. The 13,159 square foot building, constructed in 1960, sits on a 0.23-acre lot and features three stories. The property is zoned CNP - Neighborhood Pedestrian-Oriented Commercial and includes eight parking spaces. Currently operating at 40% occupancy, the property offers significant upside potential. The ground floor comprises two retail units
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.121
- Latitude
- 33.7565