$1,600,000
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930 Pacific AVE Long Beach, CA 90813
7,213 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21237573
Year Built 1956
Lot Size 7,213 Sqft
Property Sub-Type Mixed Use
Property Description
RECESS at 930 Pacific has been masterfully developed into a mix of creative offices and boutique retail, with ample on-site parking. This unique Downtown Long Beach asset is located within the up-and-coming North Pine sub-market, where investors and developers are working together to create a commercial & residential vibe similar to the famous Rainey Street in Austin, Texas. Neighboring havens include the West Gateway and East Village Arts districts and Pine Ave / Promenade seeing exponential growth – where a host of eateries, award-winning microbreweries and local boutiques have reinvigorated Downtown. The site, in LBPD30 which allows for the most frictionless density in the entire City, is also located within a Qualified Opportunity Zone, which offers significant tax savings if structured according to the guidelines.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry None
Building
Water Public
Others
Special Listing Condition Standard
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Bought with Young Kim Realty One Group West
