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3401 Pacific Pl, Long Beach, CA 90806
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3401 Pacific Pl Long Beach, CA 90806

$3,300,000
  • -- Beds
  • -- Baths
  • 4,100 Sq.Ft.
For Sale
$3,300,000 Get Pre-Qualified
Map preview of 3401 Pacific Pl, Long Beach, CA 90806

Property Overview: 3401 Pacific Pl Long Beach, CA has -- bedrooms, -- bathrooms, 4,100 living square feet and 13,441 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: Rare Commercial Property for sale in Long Beach! Commercial property consist of donut shop, coin laundry, and restaurant. Donut shop - 950 sqft, has a 10 year lease and pays $2900 a month for rent. Coin Laundry - 2200 sqft, pays $4900 for rent and must be purchased with the property. Restaurant - 950 sqft - has a 3 year lease, and pays $3200 for rent. Annual gross is $132,000. Annual expense is $32,975. Annual net is $99,025. Conveniently located on the corner of Wardlow Rd and Pacific Place. Ample parking. Minutes away from 405 and 710 freeway.

Listed by CHRISTINE CHENG | BRE #01991087 | KELLER WILLIAMS SIGNATURE RLTY
Last checked: 4 minutes ago | Last updated: May 26th, 2024 | Source CRMLS | DOM: 101
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Home details

Lot Sq. Ft
13,441
HOA Dues
$0/mo
Year built
1987
Garage
--
Property Type:
Retail
Status
Active
MLS#
WS24103565
City
Long Beach
County
Los Angeles
Time on Site
108 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $2,900
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $4,900
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $3,200
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $132,000
  • Net Operating Income: $99,025
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $32,975
  • Electric: $390
  • Insurance: $4,337
  • Maintenance: $2,000
  • Professional Management: $3,600
  • Water/Sewer: $4,478
  • Other Expenses: $4,800

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Property Details for 3401 Pacific Pl

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 7204006049
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Major Cross Streets are Pacific Place and Wardlow Rd.
View more facts & features

Local Long Beach Agent

Sale History for 3401 Pacific Pl

Last sold for $650,000 on September 17th, 2003

  • May, 2024

  • May 22, 2024

    Date

    Active

    CRMLS: WS24103565

    $3,300,000

    Price

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: WS22183454

    $2,750,000

    Price

  • Aug 19, 2022

    Date

    Active

    CRMLS: WS22183454

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    Rare Commercial Property for sale in Long Beach! Commercial property consist of donut shop, coin laundry, and restaurant. Donut shop - 950 sqft, has a 5 year lease and pays $2850 a month for rent. Coin Laundry - 2200 sqft, pays $4500 for rent and must be purchased with the property. Restaurant - 950 sqft - on a month to month lease, and pays $3000 for rent. Annual gross is $124,200. Annual expense is $32,182. Annual net is $92,000. 3.3% cap rate. Conveniently located on the corner of Wardlow Rd and Pacific Place. Ample parking. Minutes away from 405 and 710 freeway.

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: WS22184070

    $275,000

    Price

  • Aug 19, 2022

    Date

    Active

    CRMLS: WS22184070

    $350,000

    Price

  • Listing provided courtesy of CRMLS

    Well established laundry business located in the corner plaza of Pacific Place and Wardlow Rd. Business includes 31 high efficient Wascomat front load washers, 17 Wascomat stack dryers, 2 changers, wall soap vending, and a water store. Business shares the plaza with a donut shop and a Mexican Restaurant. With ample parking space, and easy access to the laundry, this profitable business is priced to sell. Business can be purchased with property.

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: WS17195370

    $388,000

    Price

  • Aug 23, 2017

    Date

    Active

    CRMLS: WS17195370

    $388,000

    Price

  • Listing provided courtesy of CRMLS

    Well established laundry business located in the corner plaza of Pacific Place and Wardlow Rd. Business includes 31 high efficient Wascomat front load washers, 17 Wascomat stack dryers, 2 changers, wall soap vending, a water store, and a new long term lease, 10 years plus 2 five year options. Business shares the plaza with a donut shop and a Mexican Restaurant. With ample parking space, and easy access to the laundry, this profitable business is priced to sell.

  • September, 2003

  • Sep 17, 2003

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

Show More

Tax History for 3401 Pacific Pl

Assessed Value (2020): $948,903
Year Land Value Improved Value Assessed Value
2020 $481,011 $467,892 $948,903

Home Value Compared to the Market

This property vs the competition

3401 Pacific Pl is listed 329.13% higher than the median list price for the city of Long Beach which has a median list price of $769,000. The median price per/sqft for Long Beach is $646 and this home is listed at $804.88 per/sqft which puts the price per square foot 24.59% higher than the median price per square foot for the city of Long Beach.

About 3401 Pacific Pl

Detailed summary of property

3401 Pacific Pl is a retail located in Long Beach, CA 90806 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 4,100 living square feet, and sits on an approximately 13,441 square foot lot. 3401 Pacific Pl was first listed on ArdentRealEstateGroup.com on May 22, 2024. The homeowner is currently asking $3,300,000. The median priced home in Long Beach is $769,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 329.13% higher than the median priced home. Local competing homes currently for sale include 3541 Hamner Ave, 204 E Highland Ave and 9741 Magnolia Ave. While the average home in Long Beach, CA is selling in 60 days, 3401 Pacific Pl has a days on market of 101 days. There are currently 779 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 347 of them are condos and 21 are townhomes. For more information on this home for sale at 3401 Pacific Pl Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3401 Pacific Pl

Public county record property details
Beds
--
Baths
--
Year built
1987
Sq. Ft.
3,980
Lot Size
13,440
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7204-006-049

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,900
Median List Price/Sq.Ft.
$531
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
18
Median Sale to List Price %
100%
Avg Days on Market
36
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.

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