1801 Long Beach BlvdLong Beach, CA 90806

  • Retail properties
  • 7,226 SF
For Sale

Property Details for 1801 Long Beach Blvd

Year built
1958
Construction
TILT-UP CONCRETE
Lot size
0.64 AC
Property size (Sq ft)
7,226 SF
Zone code
LBPD29
Property type
Retail properties
Property subtype
Other car washes
APN
7209-015-028
APU
7209015028

Description

This exceptional 7,452 square foot property, located at 1801 Long Beach Boulevard in Long Beach, California (zip code 90806), presents a fully entitled and approved opportunity for an express car wash. Situated in the desirable LBPD29 zone, this shovel-ready site boasts a high-traffic location at a busy intersection, ensuring maximum visibility and accessibility. The existing building includes self-vacuum stations, adding convenience for customers. The property features a 126-foot-long tunnel, ideal for an efficient car wash operation. This is a turn-key opportunity to capitalize on a prime commercial location in a dynamic market. All necessary entitlements and approvals are in place, minimizing development hurdles and allowing for a swift launch of operations. Don't miss this chance to establish a thriving business in a high-demand area. The property's strategic location and existing infrastructure make it an exceptional investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,617,301
    6.5%
    $2,415,970
    7%
    $2,243,401
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,808,472
    Geo Method
    $5,808,472
  • Alternative Use

    Use
    Valuation
    Residential
    $2,037,961
    Hospitality
    $1,866,761
    Educational
    $1,553,124
    Medical
    $1,606,538
    Retail
    $2,415,970
1801 Long Beach Blvd, Long Beach, California

Location Insight

City
Long Beach
County
Los Angeles
State
California
Latitude
33.7902
Longitude
-118.19
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$52,174
$2,550,000
$714,000
$3,264,000
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FAQs

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