New Price adjustment...Amazing Opportunity income producing mixed use commercial Beer & Wine Bar Business and Residential living space in the back and additional living quarter in the detach part of the property. Bar business is in operation and has been a Beer and Wine business for many years. The bar business is doing very well and the sale price is including the property and the business. Property is on a corner with lots of traffic exposure. The bar business is set up for Beer n Wine and a Pool table with some sitting area, Two bathrooms for Men & Women. Behind the Bar is Owners residence include One main bedroom and Two small rooms, Living area, Kitchen and One full bathroom. Modern Tile floor through out upgraded bathroom sink, upgraded kitchen cabinets, sink and granite counter top, Stainless steal appliances Gas Stove, Fridge and modern hood. The two detach car garage has been converted to a bedroom and Laundry however its not permitted. Its a great property for running the business and living in the back or renting the entire property. Has lots of potential. Per seller the licenses will transfer to new buyer. Seller also paid off Solar system and has remodeled most of the property such as replaced some new windows , Doors, Flooring, Counter tops and more.....
DAYS ON MARKET
|
297
|
LAST UPDATED
|
12/30/2020
|
TRACT
|
North Long Beach (NLB)
|
YEAR BUILT
|
1934
|
COMMUNITY
|
North Long Beach
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential, Single Family Residence
|
School District |
Long Beach Unified |
Prior to Sep 21, '20
|
$875,000 |
Sep 21, '20 - Today |
$849,900 |
ASSESSMENTS |
Unknown |
ASSOCIATIONFEE |
0.00 |
BATHROOMSFULL |
1 |
BATHROOMSHALF |
2 |
CITY |
Long Beach |
COMMONINTEREST |
None |
COMMONWALLS |
No Common Walls |
COMMUNITYFEATURES |
Sidewalks |
COOLING |
See Remarks |
COUNTRY |
US |
COUNTYORPARISH |
Los Angeles |
ELECTRIC |
Photovoltaics Seller Owned |
ELEVATIONUNITS |
Feet |
FENCING |
Partial |
FIREPLACEFEATURES |
None |
GARAGESPACES |
0.00 |
HIGHSCHOOLDISTRICT |
Long Beach Unified |
LANDLEASEYN |
0 |
LAUNDRYFEATURES |
See Remarks |
LEVELS |
One |
LISTAGENTAOR |
Southwest Riverside County |
LISTAGENTSTATELICENSE |
01823215 |
LIVINGAREAUNITS |
Square Feet |
LOTFEATURES |
Corner Lot |
LOTSIZESOURCE |
Assessor |
LOTSIZEUNITS |
Square Feet |
MAJORCHANGETYPE |
Price Change |
MLSAREAMAJOR |
7 - North Long Beach |
PARCELNUMBER |
7127001017 |
PARKINGFEATURES |
Driveway Level |
POOLFEATURES |
None |
PRICEPERSQUAREFOOT |
523.34 |
PROPERTYSUBTYPE |
Single Family Residence |
PROPERTYTYPE |
Residential |
ROOMTYPE |
All Bedrooms Down, Converted Bedroom, Galley Kitchen, Main Floor Bedroom, See Remarks |
SENIORCOMMUNITYYN |
0 |
SEWER |
Public Sewer |
SPECIALLISTINGCONDITIONS |
Standard |
STANDARDSTATUS |
Active |
STATEORPROVINCE |
CA |
STREETSUFFIX |
Street |
TAXTRACTNUMBER |
999999 |
VIEW |
None |
WATERSOURCE |
Public |
YEARBUILTSOURCE |
Assessor |
ZESTIMATE
$826245
1048 E South Street, Long Beach, CA
81
Very Walkable
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Listing provided by : Amir Khadir License # 01823215, KW Temecula
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