2948 Clark Avenue Long Beach, CA $ 275,000
2948 Clark Avenue
$ 275,000
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2948 Clark Avenue

Long Beach, CA, 90815
$ 275,000
Baths0.0 Sq 11,774

Monthly Estimate*

$ 1,647

Listed by KM Consulting, Inc.
2948 Clark Avenue, Long Beach, CA 90815 - Image 1
Studio

Commercial Property for sale in Long Beach, CA

for $275,000. This 11,774 square foot building was built in 1956.

Creative Cakery is the original bundt cake bakery serving the Long Beach community and beyond for 41 years. Known for their key flavors, stellar customer service, and uniquely decorated cakes, generations of customers have come to adopt Creative Cakery as their go-to bundt cake for any and all occasions. 41 years later, customers' connection with this brand is still going strong. This Southern California based bakery is a California Limited Liability Company that has been in operation for the past eight years under current ownership. Nestled between a very well kept business park and residential neighborhoods, Creative Cakery is located in an extremely heavily trafficked intersection in Southern California just off the 405 freeway, near Long Beach Airport, Cal State Long Beach, Long Beach Community College, and Kilroy Airport Center. Also known for their quick execution of elevated, decorated cakes, other popular items are cupcakes, bar platters, and delicious cookies–all freshly baked in-house. Very well-known and beloved in the community, well established, and centered in a beautiful Southern California destination location, this business is ready for growth and expansion under its new owner!

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Commercial Active

Price

$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1956

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24176421

Days on Market

27

Features
General
Year Built 1956
Business Type Bakery
Building Name Times Square Shopping Center
Business Name Creative Cakery
County Los Angeles
Operating Expense 1020000.0
New Construction N
Property Type BusinessOpportunity
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Status Active
Directions On the southeast corner of Spring and Clark
City Long Beach
View Y/N N
Senior Community Y/N N
MLS Area 32 - Stratford Square University
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N Y
Additional Parcels Y/N N
Leasable Area 2182.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Estimated
Total Actual Rent 5455.0
Ownership Type LLC
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Exterior
Spa N
Building Area Total 11774.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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Internal Only
Street Number 1 2948
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* Excluded Features
List By
Km Consulting, Inc.

Broker

(310) 418-9328

Phone

Affordability Calculator

$1,647
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,647
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2024$275,000 Listed Price

Map


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2948 Clark Avenue, Long Beach, CA, 90815 is a Commercial Property for sale at $275,000 with 11,774 sqft. 2948 Clark Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 90815 which is in Long Beach, CA