3948 Atlantic Avenue Long Beach, CA 90807

227565028 33.830223 -118.18464 124 /listing/227565028-150175387/3948-atlantic-avenue-long-beach-ca-90807 False 0 979000.0 101 PW18294729 True
  • $979,000
  • Est payment $5255.48/mo

Property & Neighborhood Info

Courtesy Of Mike Potier, Boardwalk Properties

Commercial in Long Beach

***EXCELLENT BIXBY KNOLLS LOCATION!*** Smack in the middle of the sought after Atlantic Corridor… here is what the Bixby Knolls Business Improvement Association says: A Business District convenient to both downtown Long Beach and downtown Los Angeles; what's more, it's minutes from the Long Beach Airport and a half hour from Los Angeles International Airport and Orange County's John Wayne Airport. Bixby Knolls has been undergoing a true "renaissance" with many great partnerships with the City of Long Beach, city council offices, homeowner and neighborhood associations, and other community groups. It truly "takes a village" and Bixby Knolls continues to be an active and engaged community of business owners and residents. The subject DUPLEX features two 1,470 SF units (2,940 SF total per tax roll) on 6,272 SF lot with 10 open concrete parking spaces off the alley at the rear. Both locations are currently operated by Boardwalk Properties – real estate offices… and the location is ideal for most commercial ventures! Owner prefers approximately $500k down and will carry the balance at 5.5% interest fully amortized over 15 years! NO BALLOON PAYMENTS TO WORRY ABOUT!!! Fair market rents in the area have been quoted at $1.50 to $2 SF NNN. NOTE the new construction on the corner of Roosevelt & Atlantic... rumored at $3 SF.

Courtesy Of Mike Potier, Boardwalk Properties

Main Features

  • Listing Status: Active
  • Year Built: 1950
  • Floors: 1
  • County: Los Angeles
  • Zoning: LBCNP
  • MLS Number:PW18294729

Additional Features

  • Cooling:
    • Central
  • Laundry:
    • None
  • Building Description:
    • Existing
  • Commercial Type:
    • Office
    • Retail
  • Property Subtype:
    • Office
  • Roof:
    • Flat
  • Water Source:
    • Public
  • Fencing:
    • Block
  • Land Size Source:
    • Assessor
  • Land Use:
    • Office
    • Retail
  • Parking Spaces:
    • 10.00
  • Heating:
    • Forced Air
    • None
  • Number of Buildings:
    • 1
  • Financing:
    • Conventional
  • Special Conditions:
    • Standard
  • Insurance Expense:
    • 4800.00
  • Maintenance Exp:
    • 6000.00
  • Number Of Units Leased:
    • 2
  • Price Per SQFT:
    • 332.99
  • Tax ID:
    • 7138017016
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Mike Potier
Mike Potier

Request More Info

3948 Atlantic Avenue Long Beach, CA 90807

227565028 33.830223 -118.18464 124 /listing/227565028-150175387/3948-atlantic-avenue-long-beach-ca-90807 False 0 979000.0 101 PW18294729 True
  • $979,000
  • Est payment $5255.48/mo