1801 Long Beach BlvdLong Beach, CA 90806

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

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.

• 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

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

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