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Industrial Property In Long Beach Sold For $1.8M On Pacific Coast Highway

Property Image
SOLD
$1,825,000
Evan Weiss
Tai Kagehiro
Elizabeth Clark

California

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Industrial12,720 SF
Sold 06/28/2020
the dealplayerscompscontact
Property Image
SOLD

Industrial Property In Long Beach Sold For $1.8M On Pacific Coast Highway

646 West Pacific Coast Highway, Long Beach, CA, USA

See Similar Deals
Industrial12,720 SF
Sold 06/28/2020
Evan Weiss
Tai Kagehiro
Elizabeth Clark
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$143
Total Square Footage:12,720 SF
Transaction Type:Sale

An industrial property located at 646 W. Pacific Coast Highway in Long Beach has been sold for $1,825,000. The property spans 12,720 square feet, resulting in a price per square foot of $143.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,825,000
  • Address: 646 W. Pacific Coast Highway
  • Market: Long Beach

The sale was facilitated by Evan Weiss of Weiss CRE, along with Elizabeth Clark and Tai Kagehiro of Compass Commercial. They acted as the brokers representing the parties involved in the deal.

For a virtual tour of the property, interested parties can visit the following link: Virtual Tour.

Players

Tai Kagehiro
Compass
Tai Kagehiro
11 deals$43.8M volume
BROKER
Evan Weiss
Evan Weiss
6 deals$21.3M volume(914) 424-5859
BROKER
Elizabeth Clark
Kidder Mathews
Elizabeth Clark
58 deals$181.6M volume(310) 740-7283
BROKER
Douglas Elliman
Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Elizabeth Clark, Tai Kagehiro & Evan Weiss DATE: 06/28/2021 ADDRESS: 646 W. Pacific Coast Highway MARKET: Long Beach ASSET TYPE: Industrial BROKERS: Evan Weiss (@EvanOfWeiss) - Weiss CRE; Elizabeth Clark (@ElizabethClarkCRE) & Tai Kagehiro (@Instaigram) - Compass Commercial SALE PRICE: $1,825,000 SF: 12,720 ~ PPSF: $143 NOTES: Link to virtual tour: https://my.matterport.com/show/?m=MoJebrW2xeo

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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