Not Defined (699) Homes with Mixed Use Subtype

Not Defined (699) Homes with Mixed Use Subtype

Welcome to the enchanting region of Not Defined in California, a hidden gem that perfectly blends the vibrancy of urban living with the tranquility of suburban charm. This area is a delightful tapestry of culture, convenience, and community, making it an ideal place for those seeking a unique lifestyle.

One of the standout features of Not Defined is its diverse range of homes, particularly those with a mixed-use subtype. These properties offer an innovative living experience, allowing residents to enjoy the comfort of home while having commercial spaces at their fingertips. Imagine waking up in your stylish loft, stepping out for a morning coffee at your favorite café downstairs, or running your own boutique right next to your living space. This seamless integration of residential and commercial life fosters a vibrant community atmosphere where creativity and entrepreneurship thrive.

The region boasts an array of amenities, from charming local shops and artisanal eateries to parks and recreational areas that invite outdoor enthusiasts to explore. The community is well-connected, with easy access to public transportation and major highways, making commuting a breeze. Whether you’re an artist, a small business owner, or simply someone who appreciates the convenience of living where you work, homes with a mixed-use subtype in Not Defined offer a rare opportunity to enjoy the best of both worlds.

Come discover the allure of Not Defined, where every day feels like a new adventure and your home is more than just a place to live—it's a lifestyle. Embrace the future of living with a mixed-use home that reflects your dynamic life in this captivating California locale.

Newest Not Defined (699) Homes with Mixed Use Subtype

601 Pine Avenue, Long Beach
$3,995,000
PW26228166 MLS ⋅ Active Status
601 Pine Avenue presents a rare value-add opportunity to acquire a substantial historic commercial property in the heart of Downtown Long Beach at an exceptionally low basis of $3,995,000, or approximately $95 per SF. The property consists of an approximately 42,321 SF freestanding commercial building situated on approximately 17,502 SF of land and was formerly occupied by Rite Aid. The building offers a flexible multi-level layout suitable for retail, storage, showroom, fitness, office, creative, or other commercial uses, subject to applicable approvals, and presents multiple potential strategies for an owner-user, investor, or developer. Rite Aid historically utilized the property as a multi-level retail department store, with retail operations extending throughout multiple levels of the building. More recently, the ground floor was used for active retail sales, while the basement, mezzanine, second floor, and third floor were used primarily for inventory storage and support uses. The approximately 2,236 SF mezzanine is believed not to be included in the stated approximately 42,321 SF building area, and the rooftop may offer additional amenity potential, subject to approvals. The building is currently vacant, allowing a purchaser to occupy all or a portion of the property, lease it to a single user, or reposition it for multiple tenants. Based on current preliminary assumptions, the existing building could potentially be stabilized as retail/storage at an estimated ~12.5% cap rate, creating a rare value-add opportunity at the current basis. The property includes approximately 10 parking spaces on the same parcel, while the neighboring 127 W 6th Street lot, separately offered for sale, currently provides approximately 21 additional parking spaces, including an ADA space, with potential to restripe for up to approximately 26 spaces, subject to final layout and approvals. Additional City public parking is located essentially across the street at 50 E 6th Street, providing more than 1,000 additional public parking spaces for customers, tenants, employees, and visitors.

601 Pine Avenue, Long Beach

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

How much is your home worth?

Get instant property value now!