The median home value in Long Beach, CA is $780,000.
This is
lower than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Long Beach, CA is $780,000.
Approximately 39% of Long Beach homes are owned,
compared to 55% rented, while
6% are vacant.
Long Beach real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Long Beach real estate agent to arrange a tour today! Learn more about Long Beach.
Welcome to your next investment opportunity! 2225-2231 Pacific is a prime retail, office building in the Wrigley Village retail corridor offering 112 feet of frontage on walkable Pacific Avenue. Boasting a large rentable space of 4,920 square feet, your options are endless with a variety of allowed uses. The property has been in the same ownership for over 20 years. The space is currently built out with 3 suites and 6 parking spaces in a gated entry at the rear. This building is perfect for an Investor or an Owner User, a 1031 Exchange, or a SBA loan with 10% Down. Tons of upside potential here with steady changes in the area. You can benefit from tremendous value-add as all tenants are on month to month tenancy paying below market rents. The property originally had 4 suites but two suites have been converted into one larger suite (but can easily be converted back). Neighboring areas are Signal Hill, Wrigley Heights, and Downtown Long Beach. The property is also located in the MJ Hemp zone which allow tons of business opportunity and situated conveniently near the 405 and 710 freeways. Please check with the City of Long Beach for all zoning and usage.
Live/work allowed per the City of Long Beach. We are please to present this renovated and vacant in-fill retail building on the highly trafficked Pacific Avenue retail corridor in Long Beach's famed South Wrigley shopping corridor. The property is located just blocks from the Northgate Market, The Wrigley Tavern, Happy Thai, Wicked Wolf Long Beach, Gaucho Beach Cafe and Gabriel's Burgers. This fully vacant building is also offered for lease at $1.80 per square foot, modified gross, making this a pro forma 8.3% cap rate upon stabilization. The building has been renovated and includes a roof replacement with a 5 year warranty, clean interiors, new HVAC systems in each retail unit and common area, four car parking in the rear, a roll-up door in the rear, high ceilings, 40' of frontage on Pacific Ave, a 600 AMP electrical panel that is not currently connected, fresh paint, and a clean interior. Flexible LBCNP zoning allows for several uses including live-work lofts, restaurants and professional offices. This is perfect for an owner-user wanting to take advantage of SBA or other commercial financing opportunities, or an investor wanting to collect a 8.3% stabilized cap rate return upon completion of building lease-up. At $210 per square foot, the building falls in line with the average price per square foot for other retail buildings along the Pacific corridor, but is better located than the average building on the corridor. Owner is a licensed California Real Estate Broker.
Welcome to an exceptional investment opportunity in the heart of Long Beach, California! Presenting a well-maintained multi-family building with 13 apartments, this property is a prime addition to any discerning investor's portfolio. Current rents are below market rents, and have potential for increase. As opposed to most multi-family properties in Long Beach, the apartment size of 900 Sqft. each and 2 units of 1,100 & 1,400 sqft, because of the size of each unit (900 sqft), investors can change the units from 1 bedroom to 2 bedrooms, and increase the rent. make the units very spacious and desirable. Situated just off Long Beach Blvd. and 20th Street, this multi-family building enjoys proximity to convenient city amenities, renowned beaches, and convenient access to major thoroughfares. With potential rent increase, this property offers a very lucrative income, making it a very savvy investment. New roof installed in 2019 as well as a new sewer line.
Commercial car lot sitting on a 12,249 sq ft lot - 2 parcel numbers and addresses combined in one. This area is a mixed use zone so open to other businesses as well as residential use. Tons of income potential on a major high traffic street. Conveniently located close to major transportation routes.
Plucking the details from the original purchase appraisal from 2001, this one story steel frame & stucco industrial building located in the Poly-High district is Zoned CS. The property is situated on a generally level lot of approximately 10,020 sqft lot (0.23 acres). Nestled mid-block off MLK Jr. Ave. it has 2 primary points of egress/ingress, one from Martin Luther King Jr. Ave and one from the back alley. The adjacent properties are generally residential in nature with the site presenting ample frontage and visibility from the paved/ improved public street. Poured reinforced slab concrete foundation, steel and wood beams with an open span make the space adaptable for many uses. Flat composition roof, which according to the seller has been updated but, must be verified by the buyer via their inspection. Ample wood & metal frame windows flood the interior with plenty of natural, healthy light from both the east & west exposure. They also contribute cross ventilation in the absence of a HVAC system. The plumbing system is a combination of both galvanized & copper piping. There is currently no integrated building fire sprinkler system. There are 3 sets of small restrooms w/ the possibility of the addition of one more. However, none of which are likely ADA compliant. The interior illumination is a combination of passive natural lighting from the multiple, functional windows; plus overhead energy saving fluorescent fixtures powered by the buildings' 400 amps electrical system. The strength & stability of the wood & steel frame construction lends to the interior floor plans versatility and will accommodate and adapt to a variety of tenant layout & configurations. 4 roll-up loading doors open to a truss height of between 9-11 feet. The parking area is a covered carport and is behind a manually operated, metal sliding security gate. The gated space can accommodate approximately 10-12 vehicles. Additionally, there is both street & alley parking. There is an enclosed office area finished with laminate flooring, overhead lighting and a lockable passage door which is segregated from the general 'shop' floor of one of the units. There is another 'inner' office with a passage door directly accessible from the street might serve as another private office. All typical and necessary public utilities are available to the site including gas, water, electric, sewer and telephone.
DWG Capital Group is pleased to present For Sale or For Lease, a 4,144 sf Industrial building close to the Port of Long Beach and the Long Beach Airport. The building sits on a 4,201 sf (0.10 acre) lot, perfect for supporting shipping/receiving, indoor storage, manufacturing, or distribution. The impressive property features a recently updated bow truss ceiling, a fresh coat of interior and exterior paint, as well as two roll-up door drive-ins (12'w x 10'h). For a lease, the site is an excellent opportunity for a new user to establish a new creative office. Prime for new tenancy. Long Beach is a coastal city that offers more than just a port complex. The port complex is a major industry driver and the Southern California port complex handles nearly one-third of all U.S. cargo volume. The proximity to the Southern California port complex drives a significant portion of tenant demand. That demand, coupled with a strong manufacturing base in Southern California, supports strong market fundamentals. Vacancy rates are historically low at 4.2% and market rent growth is up to approximately $20-25/SF pulling cap rates down to an average of 4% and approximately $400/SF. Sales activity in recent quarters has been strong and demonstrates ample investor demand for industrial properties in the area. Long Beach is a coastal city that offers more than just a port complex. It is the second-largest city in Los Angeles County by population and has a vibrant downtown area that is connected to the region's Metro light rail system. The downtown area has a large convention center, significant multifamily and hotel development, and retail attractions that draw from across the metro. Nevertheless, the port complex is a major industry driver and the Southern California port complex handles nearly one-third of all U.S. cargo volume.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Based on information from CRISNet MLS as of 3/29/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.