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341 Bonito Ave 3,729 SF Office Building Long Beach, CA 90802 $825,000 ($221.24/SF)



Executive Summary
Nestled in the vibrant Long Beach Arts District, just three blocks from the beach and minutes from bustling shopping, this exceptionally versatile property offers endless possibilities, amplified by its LBPD30 zoning. This highly desirable designation provides incredible flexibility for mixed-use development, live/work arrangements, and various commercial or residential ventures, allowing for creative expansion and maximizing its investment potential.
The upper level presents a comfortable residential space, featuring four bedrooms, a den, and 1.5 bathrooms, complemented by contemporary colors, laminate flooring, and an inviting outdoor patio. The ground floor is thoughtfully designed for dynamic business use, boasting five offices, a welcoming waiting room, and ample storage. With separate entrances for each level, this property is ideally suited for a doctor’s office, florist, mail service, artist studio, music gallery, or any other innovative creative or professional enterprise seeking a flexible and strategically located space.
The upper level presents a comfortable residential space, featuring four bedrooms, a den, and 1.5 bathrooms, complemented by contemporary colors, laminate flooring, and an inviting outdoor patio. The ground floor is thoughtfully designed for dynamic business use, boasting five offices, a welcoming waiting room, and ample storage. With separate entrances for each level, this property is ideally suited for a doctor’s office, florist, mail service, artist studio, music gallery, or any other innovative creative or professional enterprise seeking a flexible and strategically located space.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,729 SF
Building Class
C
Year Built
1949
Price
$825,000
Price Per SF
$221.24
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,600 SF
Building FAR
2.14
Lot Size
0.04 AC
Zoning
LBPD30 - LBPD30: Long Beach's Downtown Planned Development zoning. Flexible for mixed-use, housing development, live/work, and higher density.
Parking
4 Spaces (1.07 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (91)
Property Taxes
| Parcel Number | 7275-001-007 | Improvements Assessment | $231,926 (2025) |
| Land Assessment | $103,399 (2025) | Total Assessment | $335,325 (2025) |
Property Taxes
Parcel Number
7275-001-007
Land Assessment
$103,399 (2025)
Improvements Assessment
$231,926 (2025)
Total Assessment
$335,325 (2025)
1 of 4
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Photos
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341 Bonito Ave
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