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1470-1472 Cota Ave 10,000 SF Vacant Industrial Building Long Beach, CA 90813 $2,674,704 CAD ($267.47 CAD/SF)
Investment Highlights
- Lowest $/SqFt Industrial Space in the Long Beach area
- Also zoned for cannabis cultivation
- Easy access to freeways and Ports of Long Beach and Los Angeles
Executive Summary
Industrial Building - REO Priced to Sell
Excellent opportunity for the right value add investor or owner user. Property is comprised of 2 units at 4,000 square feet each, plus an enclosed 2,000 sq ft mid section. Building was recently taken back REO is in need of some repair. Currently occupied by the existing tenants who are operating auto body repair shops. Tenants may be interested in staying in given longer term leases. Located in the Long Beach Green Zone for buyers interested in cannabis cultivation.
Excellent opportunity for the right value add investor or owner user. Property is comprised of 2 units at 4,000 square feet each, plus an enclosed 2,000 sq ft mid section. Building was recently taken back REO is in need of some repair. Currently occupied by the existing tenants who are operating auto body repair shops. Tenants may be interested in staying in given longer term leases. Located in the Long Beach Green Zone for buyers interested in cannabis cultivation.
Property Facts
| Price | $2,674,704 CAD | Lot Size | 0.30 AC |
| Price Per SF | $267.47 CAD | Rentable Building Area | 10,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | REO Sale | Year Built | 1946 |
| Property Type | Industrial | Parking Ratio | 0.6/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | LBIG - GREEN ZONE | ||
| Price | $2,674,704 CAD |
| Price Per SF | $267.47 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | REO Sale |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.30 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Parking Ratio | 0.6/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LBIG - GREEN ZONE |
Amenities
- Fenced Lot
- Yard
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7432-005-067 | Improvements Assessment | $1,659,105 CAD |
| Land Assessment | $1,808,574 CAD | Total Assessment | $3,467,679 CAD |
Property Taxes
Parcel Number
7432-005-067
Land Assessment
$1,808,574 CAD
Improvements Assessment
$1,659,105 CAD
Total Assessment
$3,467,679 CAD
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Presented by
Century City Realtors
1470-1472 Cota Ave
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