Long Beach, CA 90805,79 E Market ST

$650,000

Est. payment /mo

$700,000

7.1%
Est.Price: ?

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79 E Market ST Long Beach, CA 90805

5,783 SqFt

SOLD DATE : 09/06/2024

Key Details

Sold Price $650,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,783 sqft

Price per Sqft $112

MLS Listing ID TR24060951

Sold Date 09/06/24

HOA Y/N No

Year Built 1941

Lot Size 5,784 Sqft

Acres 0.1328

Property Description

Welcome to a unique investment opportunity nestled in the heart of vibrant Long Beach! This mixed-use property offers the best of both worlds: a fully operational automotive shop on the ground floor and a spacious 1 bedroom, 1 bathroom residence above, awaiting your personal touch.

The ground floor boasts a well-established automotive shop, equipped with ample space for car enthusiasts and professionals alike. With more than enough room for vehicle repairs, maintenance, and customization, this shop presents a prime opportunity for automotive entrepreneurs to thrive. The location benefits from high visibility and easy accessibility, ensuring a steady flow of clientele.

Ascend to the second floor, where a charming 1 bedroom, 1 bathroom residence awaits transformation. While in need of some renovation and updates, this space offers boundless potential for customization and modernization to suit your preferences. Imagine creating a cozy urban retreat or stylish loft apartment, capitalizing on the allure of city living in Long Beach.

Whether you're an entrepreneur looking to expand your automotive business or an investor seeking a versatile property with multiple income streams, this offering presents an enticing opportunity. With a little vision and investment, you can unlock the full potential of this property and reap the rewards of owning a prime piece of real estate in Long Beach.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Rooms

Other Rooms Living Quarters

Ensuite Laundry In Garage

Interior

Laundry Location In Garage

Fireplace No

Laundry In Garage

Exterior

Fence Chain Link

Roof Type Common Roof

Present Use Residential

Total Parking Spaces 8

Building

Lot Description 0-1 Unit/Acre, Street Level

Story 2

Water Public

Additional Building Living Quarters

Others

Tax ID 7126029014

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Financing USDA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Matthew Reyes • Top Producers Realty Partners
Bought with Victoria Bravo • Eversell Realty

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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