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$1,499,999
New Listing

1429 E South
Long Beach, CA 90805

For Sale|Triplex|Active
0
Beds
0
Total Baths
5,500
SqFt
$273
/SqFt
1959
Built
County:
Los Angeles
Listed by Georgette Solano of Century 21 Allstars [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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Don't settle for someone else's layout. At 1429 South Street, you get to be the architect of your own destiny. This triplex offers a blank canvas with a rare incentive: the landlord is ready to build-out according to your specs. Here is your chance to secure a prime piece of Long Beach real estate where the landlord is willing to assist with your vision for lease or will consider a sale. Located at 1429 South St, this triplex is a diamond in the rough waiting for the right investor or entrepreneur to unlock its value. While the property is not yet turnkey, that is exactly where the money is made. If you have dreamed of owning apartments, this property could grow into that with versatility in use and space. Mix use gives the option to live in one, run a business out of the rest. Why act now? Because this is a limited-time, owner-assisted renovation opportunity. You bring the vision (Call Center, Warehouse, Residential Living Facility, or Apartments), and they bring the capital to make it happen. The Canvas: · Structure: Solid triplex with gated parking ready for immediate renovation. Unit A 2/1 Unit B 2/1 both with street and parking access, Unit C To be Determined- · Zoning: LBCNR - MFR allowing for 5x density residential units up to 11 units or use existing building and convert to 5-7 units, Subtype Storefront, Retail, Residential with 96 feet on South St plus Signage, built in 1959, Renovated 2018 Offering 5500 Sq FR, 6 Parking Spaces, . The list of potentials include Church, Ministry, Residential Living, Skilled Nursing, Apartments 8-11 units (Can be built up to 2 story), Call Center, Warehouse, Retail, etc. Buyer to check intended purpose with City. · Expansion: Two-story potential to double your space. How It Works: You secure the property via lease or purchase (financing available), submit your design plans, and the landlord gets to work. You get a brand-new, custom-built space without the construction headache. This is not a drill. The landlord is motivated and ready to make this happen either for lease or sale. Contact for more information or a private showing

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Listing Snapshot
Price 
$1,499,999
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1892 Acres
Year Built 
1959
MLS® Number 
DW26044674
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1892
Land Lease 
No
Number Of Stories 
1
Parking 
CoveredDriveway
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5500
Water Source 
Public
Zoning 
LBCNR
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Building Access 
6
Community Features 
CurbsStreet LightsSuburbanSidewalks
Financing Terms Available 
CashConventionalFHALease Option1031 Exchange
MLS Area 
6 - Bixby, Bixby Knolls, Los Cerritos


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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