4101 Atlantic AveLong Beach, CA 90807

Property Details for 4101 Atlantic Ave

Year built

1969

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

3,000 SF

Zone code

LBCNP

Property type

Retail properties

Property subtype

Turn key restaurants

APN

7139-002-030

APU

7139002030

Description

This exceptional 3,116 square foot executive office building, located at 4101 Atlantic Avenue in Long Beach, California, presents a compelling investment opportunity. Situated in the prestigious Bixby Knolls area, this property boasts a prime signalized corner location within an excellent retail corridor, ensuring high visibility and accessibility. The building benefits from dedicated parking, a significant advantage in a high-traffic area. Its strategic location offers convenient access to major transportation arteries, including the 405 and 710 freeways, enhancing its appeal to both employees and clients. The property is zoned LBCNP, providing flexibility for a variety of uses. With a strong daily traffic count of 30,328 vehicles, this location guarantees substantial exposure. The asking price for this remarkable property is $2,000,000. This represents a rare chance to acquire a well-situated, high-traffic commercial property in a thriving Long Beach neighborhood. The building's size and location make it ideal for a variety of businesses seeking a prominent presence in a bustling commercial area of Los Angeles County, zip code 90807.

• CAP approach

  CAP return

  Valuation

  6%

  $1,086,618

  6.5%

  $1,003,032

  7%

  $931,387

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,411,489

  Geo Method

  $2,411,489

• Alternative Use

  Use

  Valuation

  Residential

  $846,095

  Hospitality

  $775,019

  Educational

  $644,806

  Medical

  $666,982

  Retail

  $1,003,032

Location Insight

City

Long Beach

County

Los Angeles

State

California

Latitude

33.832

Longitude

-118.185

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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