1405 Lewis Avenue

    Long Beach, CA 90813
    • $6,500,000
    • STATUS: Active
    • ON SITE: 332 days
    • ID#: SW17217063
    UPDATED: 76 min ago
    $6,500,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 34,000
      SQFT
    • $191
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    AKA: 1000 New York St, This the The Vault Warehouse 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!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-18T09:28:01.913. 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.
    www.playavistaliving.com/homes/76900474

    1405 Lewis Avenue Long Beach, CA 90813

    • Price: $6,500,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: SW17217063
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    34,000
    SQFT
    $191
    $/SQFT
    1920
    Built
    Neighborhood:
    Poly High (Ph)
    County:
    Los Angeles
    Area:
    9 - Poly High
    Property Description
    AKA: 1000 New York St, This the The Vault Warehouse 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!!!
    Exterior Features

    Entry Location New York Garage Spaces 9.00 Lot Features 16-20 Units/AcreLot 10000-19999 SqftSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Total 20.00 Pool Features None Pool Private YN No Property Attached YN No Roof Concrete

    Interior Features

    Average Studio Area 1200 Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features CommunityGas & Electric Dryer HookupInsideOn Upper LevelStackableWasher Included Levels Three Or More Room Type Loft

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lighting Country Us Electric 220V For Spa220V In Garage220V In Kitchen220V In Laundry220V In Workshop220V Throughout Electric Expense 2400.00 Elevation Units Feet Fuel Expense 0.00 Green Energy Efficient LightingWater Heater Green Sustainability Recycled Materials Gross Income 420000.00 Gross Scheduled Income 420000.00 Insurance Expense 3000.00 Land Lease YN No Laundry YN Yes Net Operating Income 31000.00 New Taxes Expense 8000.00 Number Of Separate Electric Meters 20 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 4000.00 Professional Management Expense 1500.00 Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Subdivision Name Other Poly High (Ph) Tenant Pays Cable TvElectricityHvac MaintenanceInsurance Total Expenses 50000.00 Trash Expense 1200.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Lbr1n

    Listing provided courtesy of Roark Merrill of Signature Real Estate, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-18T09:28:01.913. 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.
     
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