Single Family Home, Multi-Family $ 1,499,999

1429 E South

Long Beach, CA 90805

  • 8,241 Lot Size
  • 1959 Year Built
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
Listed by Georgette Solano of Century 21 Allstars

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID DW26044674

    HOA Y/N No

    Year Built 1959

    Lot Size 8,241 Sqft

    Property Sub-Type Triplex

  • Location

    State CA

    County Los Angeles

    Area 6 - Bixby, Bixby Knolls, Los Cerritos

    Zoning LBCNR

  • Building

    Lot Description 0-1 Unit/Acre

    Story 1

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Heating Central

    Cooling Central Air

    Fireplace No

    Laundry None

  • Exterior

    Parking Features Covered, Driveway

    Pool None

    Community Features Curbs, Street Lights, Suburban, Sidewalks

    Private Pool No

  • Others

    Senior Community No

    Tax ID 7123020030

    Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Lease Option

    Listing Terms Cash, Conventional, 1031 Exchange, FHA, Lease Option

    Special Listing Condition Standard

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CONTACT

Georgette Solano
Georgette Solano

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