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
134 days
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98
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2
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Zillow last checked:
Listing updated:
Listed by:
Georgette SolanoDRE #01817587562-222-5847,
Century 21 Allstars
Source: CRMLS,MLS#: DW26044674Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 9
Heating
Central
Cooling
Central Air
Appliances
Laundry: None
Features
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 5,500
Total interior livable area: 5,500 sqft
Property
Parking
Parking features: Covered, Driveway
Features
Entry location: 6
Pool features: None
Lot
Size: 8,241 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 7123020030
Zoning: LBCNR
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes
Condition
New construction: No
Year built: 1959
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Curbs, Street Lights, Suburban, Sidewalks
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.