Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    4411 Village Road, Long Beach, CA 90808
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    • MLS#: DW25013299 ( Retail )
    • Street Address: 4411 Village Road
    • Viewed: 14
    • Price: $2,220,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1938
    • Bldg sqft: 0
    • Days On Market: 75
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90808
    • Provided by: Keller Williams Pacific Estate
    • Contact: Julio Julio
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      This exceptional investment opportunity presents two well maintained retail buildings strategically positioned in the Lakewood Village neighborhood off of the bustling Lakewood Boulevard in Long Beach, California. Offered at $2.22 million, these properties generate a combined Net Operating Income (NOI) of $128,745.98, demonstrating a strong and reliable income stream. The first property, situated at 4148 Norse Way, encompasses 4,841 square feet of leasable space on a 5,856 square foot lot. The second property, located at 4411 E Village Road, provides 1,380 square feet of retail space on a 5,860 square foot lot. Both buildings are currently 100% occupied by established tenants with proven track records, ensuring immediate and consistent cash flow for the new owner. Beyond the immediate returns, this offering boasts significant potential for future growth. The combined 11,716 square feet of land presents an enticing opportunity for future development or expansion, allowing investors to capitalize on the prime location and increasing property values in the Lakewood Village area. Situated in a high traffic corridor with excellent visibility and accessibility, these properties attract a steady flow of customers and offer convenient access to major thoroughfares. This offering represents a compelling investment opportunity with strong cash flow, long term stability, and the potential to significantly enhance value over time. Both buildings are being offered as one sale and must transfer together.
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    Features
    Accountingtype
    1. Actual
    Additional Parcels Description
    1. 7182-021-001
    Building Area Total
    1. 6421.00
    Commoninterest
    1. None
    Country
    1. US
    Expense Year
    1. 2024
    Land Use
    1. Office
    2. Retail
    Laundry Features
    1. None
    Netoperatingincome
    1. 128745.98
    Parcel Number
    1. 7182021029
    Postalcodeplus4
    1. 1537
    Property Type
    1. Retail
    Views
    1. 14
    Water Source
    1. Public
    Year Built
    1. 1938
    Zoning
    1. LBCC
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836