Listed by Coldwell Banker Coastal Alliance Long Beach
$6,000,000
12001-17 Carson Street and 21639 Juan Avenue
Details
Property Type Retail
Sub Type Commercial
Buildings 3
Acreage 1.215
Zoning C4
Retail
Marketing description
For Sale or Exchange, A Developers Dream, the seller wants to reserve the right to exchange his equity to Missouri. This 52,000apx. sf of C4 land is two lots with about 18,000 sf of buildings, 2 houses, 3 commercial buildings on the corner of Carson and Juan Avenue in Hawaiian Gardens. The lots are located next to the Garden Casino on Carson, the subject has an overlay on the zoning allowing gambling. The new owner can build a hotel with gambling on the first floor. There is 52,000 contiguous sf. There is a McDonalds on the opposite corner. Another ides for the new owner is to build restaurant on the first floor and commercial medical office space above. It could be a 4-6 story building.
Investment highlights
- 2 houses with garages, 3 commercial buildings on two adjacent lots
- 178 feet frontage on Carson Street next to a gambling casino
- The zoning is C4 with a total of 52,923 sq. ft. on two adjacent lots
- The subject is a half mile apx. from the 605 Freeway, Carson off ramp
- The subject is on a corner across the street from McDonalds restaurant
- Seller reserves the right to a 1031 Exchange at no cost to buyer
Listing Contacts
Listed by Coldwell Banker Coastal Alliance Long Beach
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
