5755 Pch, Long Beach, CA 90803
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5755 Pch Long Beach, CA 90803

$495,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$495,000 Get Pre-Qualified

Map preview of 5755 Pch, Long Beach, CA 90803

Property Overview: 5755 Pch Long Beach, CA has -- bedrooms, -- bathrooms, -- living square feet and -- 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: Don't miss this incredible opportunity to own a well-established and successful restaurant bar & grill with live entertainment in the heart of Long Beach. This venue has been serving mouthwatering American cuisine since 2015 and boasts a full liquor license, making it a favorite among locals and visitors alike. The restaurant is strategically located adjacent to Long Beach University, Long Beach Veterans Hospital, 405 freeway and in an upper-middle-class neighborhood, ensuring a steady flow of customers throughout the week. Key Features include a generous 200 capacity with standing room on those busy nights, making it an ideal location for private events, parties, and live entertainment shows. Enjoy the beautiful Southern California weather with two spacious outside patios w/firepits and tv's, perfect for al fresco dining and hosting events. Families with children will love the separate kids' room equipped with tv's for movies and cameras for added security and peace of mind. The bar counter seats 17, including 2 handicap-accessible seats, creating a cozy and inviting space for patrons to enjoy drinks and watch games on the 19 strategically placed TVs. Additionally, there are 7 two-person tables, a high-top counter that comfortably seats 6, and 7 booths for more intimate dining experiences. The highlight of this venue is the dedicated band stage with full lighting, providing a fantastic platform for live band performances & comedy night and enhancing the overall dining experience. The restaurant is open 7 days a week, serving lunch and dinner, ensuring a steady stream of revenue throughout the week. The fully equipped kitchen allows for efficient food preparation and service. Additionally, there is a separate manager's office for administrative tasks and operations. The restaurant bar & grill has already established itself as a local hotspot, but there's ample room for growth and expansion. With the nearby Long Beach University and Veterans Hospital, there's a constant influx of potential customers. Additionally, the upscale neighborhood presents an opportunity for attracting more high-end clientele. This turnkey business is a perfect chance for aspiring entrepreneurs or seasoned restaurant operators to take advantage of a successful establishment with a solid customer base. The full liquor license, live entertainment, and prime location make this restaurant a must-see.

Listed by Leo Betancourt | BRE #01241497 | RE/MAX TerraSol
Co-listed by Lesley Harris | BRE #01124037 | RE/MAX TerraSol
Last checked: 8 minutes ago | Last updated: December 13th, 2023 | Source CRMLS | DOM: 259
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Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Business
Status
Active
MLS#
OC23141490
City
Long Beach
County
Los Angeles
Time on Site
289 days

Open Houses for 5755 Pch

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Property Details for 5755 Pch

Location / Neighborhood
Location Information
  • Directions: Northbound on PCH from 2nd street. Business will be on your right side at PCH and 7th street.
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Sale History for 5755 Pch

View property's historical transactions
  • August, 2023

  • Aug 3, 2023

    Date

    Active

    CRMLS: OC23141490

    $650,000

    Price

Tax History for 5755 Pch

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

5755 Pch is listed 38.05% lower than the median list price for the city of Long Beach which has a median list price of $799,000.

About 5755 Pch

Detailed summary of property

5755 Pch is a business located in Long Beach, CA 90803 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 5755 Pch was first listed on ArdentRealEstateGroup.com on August 3, 2023. The homeowner is currently asking $495,000 and was originally asking $650,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $643. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 38.05% lower than the median priced home. Local competing homes currently for sale include 13435 Telegraph Rd, 2525 Lincoln and 165 N Glassell St. While the average home in Long Beach, CA is selling in 51 days, 5755 Pch has a days on market of 259 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 5755 Pch Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5755 Pch

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,589,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

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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.