Marcus & Millichap is pleased to offer a three building eight unit mixed-use property located at 406-420 E 7th Street and 652-654 Elm Avenue Long Beach, CA 90813. The property includes is a 3 bedroom and 1 bathroom single family bungalow style residence at 420 E 7th Street. A mixed-use building at 412 E 7th Street containing 3 retail units and 2 second story apartments and a 2 story residential du-plex at 652-654 Elm Street. The property is zoned LBPD 30. The property has 150 feet fronting E 7th Street and is 50 feet deep on Linden and Elm Avenues. The City of Long Beach continues to progress forward and is experiencing major redevelopment especially in the Downtown market. The Port of Long Beach is undergoing $4.4 Billion dollars in future development that will create 14,000 new and permanent jobs for Southern California. The $495 million dollar Long Beach Courthouse opened in September 2013. The Metro Rail on Long Beach Blvd allows for mass transportation through the greater LA Metropolis. The City Place shopping center and the surrounding area provides many necessity based shopping (Wal-Mart, Walgreens, CVS, Von's, etc.) The Pike at Rainbow Harbor, the East Village and Pine Avenue offer many eclectic dining and entertainment venues
Listing courtesy of Kevin King from Marcus & Millichap
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