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Commercial/Residential - Long Beach, CA
Cash-Flow investment Opportunity in Long Beach. Located at 2369 Pacific Ave, this mixed-use property with future upside potential. Zoned CNP (Neighborhood Pedestrian-Oriented Commercial), the asset is ideal for investors seeking a versatile, income-producing property in a high-demand area. The property consists of multiple residential and commercial units. There are three 1-bedroom, 1-bath residential units. Each unit can collect $2,100 per month. Each of the Two commercial retail units can potentially collect $1,500 a month. Their are 4 garage parking spaces with the potential to be converted to two ADU's. The property features 14 on-site parking spaces and is conveniently located near schools, public transportation, and shopping centers, making it a compelling investment with immediate cash flow and long-term value-add potential.
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