3401 Pacific Place Long Beach, CA 90806-
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.
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