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1405 Lewis Avenue, Long Beach, CA 90813

$7,800,000

  • For Sale
  • Active
  • Multi-Family
1405 Lewis Avenue, Long Beach, CA 90813 View this property at 1405 Lewis Avenue, Long Beach, CA 90813
1405 Lewis Avenue Long Beach CA 90813

Property Description

This is a once in a Lifetime opportunity to own a solid concrete, built like a bomb shelter and anchored with a 400 Square foot bank vault, 8 foot wide by 16 foot long freight elevator converting to a 4 story Artist Loft building. Built in the early 20's, no expense was spared in building this Fireproof Storage Warehouse. Even the wide open deck of the 5 level rooftop is solid concrete and can accommodate loads. The rooftop is 7000SF. Each unit is also built to commercial fire code. The interior separation walls are either red brick, concrete or steel studs with double 5/8" fire rated walls. This is a trophy property and your chance to make a difference in the artist community. All units are subject to the Administrative
Use Permit. Tenants will have a license in the world of fine arts. All Tenants. There is a 6000 SF INDOOR LOADING DOCK!!! Used for parking, it has direct access to the freight elevator and to a 1400 SF bonus room. The owners unit/office is 3500 Sf, is 3 levels, and includes the bank vault as part of the layout. It has a giant original fireplace, massive 17 foot ceilings and so much more!! Power includes a new 3 Phase 800A service with 200A 3 Phase on each floor!!!

Full Property Details for 1405 Lewis Avenue

  • Price: $7,800,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: SW17217063
  • Updated: 9/19/2017
  • Added: 62 day(s) ago

Property History

  • 1405 Lewis Avenue, Long Beach, CA
  • Listed at $7,800,000 on 9/19/17

Interior

  • Rooms/Areas: Loft

Rooms

Other Rooms

  • Laundry: Community, Gas & Electric Dryer Hookup, Inside, On Upper Level, Stackable, Washer Included

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 9

Location

  • Area: 9 - Poly High
  • County: Los Angeles
  • Development Name: 9 - Poly High
  • Driving Directions: From Atlantic Ave go West on New York. Corner of MLK and New York. 1000 New York St

Utilities

  • Sewer: Sewer Paid
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 20

Structural Information

  • Roof: Concrete
  • Entry Location: New York
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 34,000
  • Year Built: 1920

Unit Information

Unit 1

  • Number of Units: 20
  • Total Bathrooms: 23
  • Bedrooms: 20

Lot Features

  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,496
  • Lot Size Source: Assessor
  • Zoning: LBR1N
  • Lot Description: 16-20 Units/Acre, Lot 10000-19999 Sqft, Sprinkler System

Green Features

  • Energy Efficient: Lighting, Water Heater
  • Sustainability: Recycled Materials

Financial Considerations

  • Price Per Sq. Ft.: $229.41

Listed by Signature Real Estate, Inc., Roark Merrill

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Estimate the Cost

1405 Lewis Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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In the Community

Nearby Schools

1405 Lewis Avenue, Long Beach, CA 90813 (MLS# SW17217063) is a Multi-Family property with 20 units containing 0 bedrooms and 0 full bathrooms. 1405 Lewis Avenue is currently listed for $7,800,000 and was received on September 19, 2017. Want to learn more about 1405 Lewis Avenue? Do you have questions about finding other Multi-Family real estate for sale in Poly High? You can browse all Poly High real estate or contact a Coldwell Banker agent to request more information.

Listed by Signature Real Estate, Inc., Roark Merrill