Investment Highlights
Pacific Coast Hwy (PCH) / Signalized Hard Corner Intersection - 2 Tenant NNN / Three J's Auto Sales and Ascension Car Rentals
Flexible Zoning ? Multiple Uses Allowed
Irreplaceable Urban Infill Location ? Strong Demographics
Major North South Arterial ? Pacific Coast Hwy | Nearby Freeways (405, 710, 605, 22) and Airport Proximity
Executive Summary
Faris Lee Investments presents a prime commercial property opportunity located at 3000 E Pacific Coast Hwy in Long Beach, CA. Situated at a signalized hard corner along the bustling Pacific Coast Hwy, this property enjoys high visibility with over 55,000 vehicles passing by daily, creating its significant intrinsic real estate value. The two current tenants are Three J's Auto Sales and Ascension Car Rentals.Highlighted by its urban infill location, the property benefits from a robust demographic profile, including over 486,000 residents, 181,000 households, and 197,000 employees within a 5-mile radius, boasting an average household income exceeding $103,000. With flexible zoning that allows a wide variety of uses such as cannabis dispensaries, day care facilities, fitness centers, medical offices, and more, investors have the opportunity to capitalize on a diverse revenue stream.The property?s prime location offers exceptional transportation accessibility, with mass transit along Pacific Coast Hwy and Long Beach International Airport just 10 minutes away. Additionally, easy access to nearby freeways (405, 710, 605, and 22) and Downtown Long Beach, which attracted over 25 million visitors in 2023, underscores the area?s economic vibrancy. Furthermore, the property benefits from proximity to three major airports within a 20-mile radius (LAX, LGB, SNA), along with convenient transportation options like the 405 freeway, 710 freeway, Metro A Line stops, and Long Beach Transit buses, enhancing connectivity for residents and visitors alike. With its unparalleled location, strong demographic profile, exceptional transportation accessibility, and thriving economic environment, this investment opportunity presents a rare chance to acquire a highly desirable property with diverse potential uses in a prime coastal California location.
