$2,400,000
For Sale

5885 N Paramount Boulevard

Long Beach, CA 90805
0.41 acres | #OC24231104
Listing OfficeHuss Real Estate
Browse 35 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

New year, new price. Asking price is now $2,400,000($333 sqft). A rare 7,200 sq. ft. frees standing warehouse on a large 18,030 sq. ft. lot. Previous tenant was a city and state licensed cannabis cultivation and nursery business. The property was intensively improved in 2018/2019 and has the certificate of occupancy approved by the city of Long Beach for cultivation saving a new user time and $$. Improvements include all new heavy power (800 amp 3 phase), DPS insulated walls, 3 flower rooms, 1 veg room, 1 mother room, drying room, and utility/watering room. Property also has custom rolling trays, a custom vault door for product storage, ADA bathroom, security and camera system, epoxy floors, reception area, and a private office. There is a large gated yard with ample parking + a covered awning area in the rear of the building. There is also an upstairs mezzanine area that can be used for storage that is not included in the square footage. Property is zoned LBIG (General Industrial) and can also be used for many traditional businesses. Perfect for a contractors yard or small business.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountyLos Angeles
      • Original List Price$2,650,000
      • MLS #OC24231104
      • Property SubtypeIndustrial
      • MLS #OC24231104
      • Property TypePurchase
      • Cost2400000
      • Utility SourcePublic
      • Acres0.414
      • Year Built1957
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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