1701 E South St, Long Beach, CA 90805
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1701 E South St Long Beach, CA 90805

$1,000,000
  • -- Beds
  • -- Baths
  • 2,400 Sq.Ft.
For Sale
$1,000,000 Get Pre-Qualified

Map preview of 1701 E South St, Long Beach, CA 90805

Property Overview: 1701 E South St Long Beach, CA has -- bedrooms, -- bathrooms, 2,400 living square feet and 4,239 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Mixed-Use Commercial and Residential Property in Long Beach. Discover an exceptional investment opportunity in the heart of Long Beach with this mixed-use property situated on a corner lot along a bustling major street. Boasting a prime location, this versatile property offers both commercial and residential potential, making it an ideal choice for savvy investors or entrepreneurs seeking to capitalize on the city's vibrant real estate market. Key Features: Prime corner lot location on a busy major street in Long Beach, offering high visibility and accessibility. Versatile mixed-use zoning allows for a variety of commercial and residential uses, providing flexibility and potential for multiple revenue streams. Currently utilized for manufacturing home furniture, presenting an existing business opportunity or the potential for conversion to other commercial uses such as retail, office space, or showroom. Spacious interior layout with ample square footage, providing plenty of room for expansion or customization to suit your needs. Residential component offers the possibility of live-work arrangements, rental income, or redevelopment into multifamily housing, catering to diverse market demands. Proximity to amenities, transportation hubs, and residential neighborhoods enhances the property's appeal and potential for attracting customers or tenants. Whether you're an investor seeking to diversify your portfolio, an entrepreneur looking to establish or expand your business, or a developer with a vision for maximizing the potential of this prime location, this mixed-use property in Long Beach offers an exciting opportunity to capitalize on the city's dynamic real estate market. Don't miss out on your chance to own a piece of this thriving community—schedule a viewing today!

Listed by Duc Minh Tran | BRE #01049071 | General First Investment
Co-listed by Thy Uyen Dang | BRE #02132998 | General First Investment
Last checked: 3 minutes ago | Last updated: February 15th, 2024 | Source CRMLS | DOM: 62
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Home details

Lot Sq. Ft
4,239
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24029748
City
Long Beach
County
Los Angeles
Time on Site
81 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1701 E South St

Interior Features
Laundry Information
  • Gas & Electric Dryer Hookup
Interior Features
  • Security Features: Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 7123016001
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: Go direct South St
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Sale History for 1701 E South St

Last sold for $290,000 on February 10th, 2016
  • February, 2024

  • Feb 14, 2024

    Date

    Active

    CRMLS: PW24029748

    $1,000,000

    Price

  • February, 2016

  • Feb 10, 2016

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

  • October, 2015

  • Oct 27, 2015

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

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Tax History for 1701 E South St

Assessed Value (2020): $313,903
Year Land Value Improved Value Assessed Value
2020 $216,485 $97,418 $313,903

Home Value Compared to the Market

This property vs the competition

1701 E South St is listed 25.02% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $416.67 per/sqft which puts the price per square foot 35.3% lower than the median price per square foot for the city of Long Beach.

About 1701 E South St

Detailed summary of property

1701 E South St is a mixed use located in Long Beach, CA 90805 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 2,400 living square feet, and sits on an approximately 4,239 square foot lot. 1701 E South St was first listed on ArdentRealEstateGroup.com on February 13, 2024. The homeowner is currently asking $1,000,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 25.02% higher than the median priced home. Local competing homes currently for sale include 254 W 83rd St, 5870 Hooper Ave and 226 E Florence Ave. While the average home in Long Beach, CA is selling in 54 days, 1701 E South St has a days on market of 62 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1701 E South St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1701 E South St

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
2,400
Lot Size
4,239
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
172
APN
7123-016-001

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$679,999
Median List Price/Sq.Ft.
$537
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
60
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.