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3520 Long Beach Blvd
Long Beach, CA 90807
Asking Price
$2.73M
Asset Type
Storefront Office
Class
Class B
What's Special
Office | 12,342 SqFt <ul><li>High-occupancy Commercial Property - this multi-tenant retail and office building has a mix of retail and professional office tenants in small footprint spaces that maintain a historically high occupancy rate.</li><li>Value-Add Upside - Leases are on a month to month basis offering flexibility and potential upside in rents.</li><li>Strong Parking Ratio - 41 parking stalls / 3.3:1000 SF</li><li>Corridor Momentum - Supported by nearby office investment, including the Laserfiche corpora
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NOI
$80,000
Cap Rate
2.94%
DSCR
0.49
Underwater
Cash-on-Cash
-10.00%
Monthly Payment
$13,481.813
Annual Cash Flow
$-81,781.758
