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930 Pacific AVE Long Beach, CA 90813
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Key Details
Sold Price $1,475,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21237573
Sold Date 04/22/22
HOA Y/N No
Year Built 1956
Lot Size 7,213 Sqft
Property Sub-Type Mixed Use
Property Description
RECESS at 930 Pacific has been masterfully developed into a mix of creative offices and boutique retail, with ample on-site parking. This unique Downtown Long Beach asset is located within the up-and-coming North Pine sub-market, where investors and developers are working together to create a commercial & residential vibe similar to the famous Rainey Street in Austin, Texas. Neighboring havens include the West Gateway and East Village Arts districts and Pine Ave / Promenade seeing exponential growth – where a host of eateries, award-winning microbreweries and local boutiques have reinvigorated Downtown. The site, in LBPD30 which allows for the most frictionless density in the entire City, is also located within a Qualified Opportunity Zone, which offers significant tax savings if structured according to the guidelines.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 10
Building
Water Public
Others
Tax ID 7273014005
Financing Conventional
Special Listing Condition Standard
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Bought with Young Kim Realty One Group West
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