Listing ID : SW20156343
-
Beds
8 -
Lot Size
5,985 Sqft -
Year
1963
Description
Wonderful opportunity for a turnkey income property with long term tenants. The property consists of 5 two bedroom apartments and one huge commercial. The 2 bedroom apartments have been remodeled with quality materials and are wonderfully designed. There is a parking lot behind the rear apartment building with parking for 10 cars. There are 4 additional parking spaces between the restaurant and the rear building. The restaurant is amazing. The restaurant was build newly just 2 years ago. The concrete floors were removed and was literally designed and built from scratch. The restaurant kitchen was taken all the way down to the dirt, new plumbing and electrical, all new hood and fire suppression system. Beautiful new glass front entry with roll down steel door for added security. the restaurant tenant owns other restaurants and a bakery and is very skilled. La Espiranza was just listed as one of the top 10 underrated restaurants in Long Beach. The restaurant is currently is open and has wonderful outside seating. Never will you find such a new restaurant with apartments at this price. Over $200,000 was recently invested in the restaurant space alone.
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