1470-1472 Cota Ave 8,000 SF Vacant Industrial Building Long Beach, CA 90813 $2,100,000 ($262.50/SF) 6.81% Cap Rate

!! Motivated Seller !!
Dual Industrial Warehouses in Prime Long Beach industrial area
1470 & 1472 Cota Ave, Long Beach, CA 90813
±10,000 SF Total | Cannabis-Eligible | Approved RTI Plans | Income-Producing
An exceptional opportunity to acquire two well-maintained industrial warehouse buildings totaling approximately 10,000 SF on a single lot in the heart of Long Beach’s thriving Green Zone.
Property Overview:
Two freestanding warehouses: ±4,000 SF each (Total ±8,000 SF)
Additional ±2,000 SF of non-conforming breezeway space (existing structure)
Located on a single parcel with potential to subdivide into two APNs
Secure, gated lot with ample access and functionality
Current Tenancy & Income:
Fully leased to stable, long-term tenants
One tenant recently added a fully permitted spray paint booth, increasing the property's utility and long-term value
Immediate in-place income makes this ideal for both investors and 1031 exchange buyers
Development / Value-Add Potential:
in 2023 we had RTI-approved plans to legalize the ±2,000 SF breezeway, allowing for full utilization of the structure (pending buyer confirmation with city)
Ownership had initiated the legalization process but opted to sell due to partnership dissolution
Potential to separate into two legal parcels for future resale or flexible leasing scenarios
Cannabis-Related Upside:
Property lies within Long Beach’s designated Green Zone
Previously approved for a cannabis cultivation operation in 2021 with full entitlements and plans (available upon request)
Ideal for operators or investors seeking to re-activate or modify the entitlements

Contact us today to schedule a private tour or request additional documentation (RTI plans, cannabis approvals, tenant info).
This is a rare value-add industrial opportunity in a high-demand area with multiple exit strategies.