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530 E 4th St 8,000 SF Office Building Long Beach, CA 90802 $1,400,000 ($175/SF)
INVESTMENT HIGHLIGHTS
- LBPD30 Zoning
- Located in an Opportunity Zone
- Ability to Reposition the Existing Improvements On-Site and Cover Carrying Costs through Entitlement
- Rare Corner Lot in Core Downtown Long Beach Location
- Retail, Live/Work Offering Suitable for Owner Occupancy or Redevelopment
- Close Proximity to Many Notable Attractions
EXECUTIVE SUMMARY
YoungLewin Advisors, Inc. is pleased to present the opportunity to purchase 530 E 4th Street. Located in the core of Downtown Long Beach, this property is a great fit for an owner-user or investor.
4th Street can be used as office space, retail, live-work, or developed into multifamily. The existing improvements leave an investor with many options.
Whether for an owner user, or an investor, this location and zoning (LBPD30) will provide the buyer with a rare opportunity to invest in the rapidly growing coastal downtown submarket of Long Beach.
4th Street can be used as office space, retail, live-work, or developed into multifamily. The existing improvements leave an investor with many options.
Whether for an owner user, or an investor, this location and zoning (LBPD30) will provide the buyer with a rare opportunity to invest in the rapidly growing coastal downtown submarket of Long Beach.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
8,000 SF
Building Class
B
Year Built
1922
Price
$1,400,000
Price Per SF
$175
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,000 SF
Building FAR
1.08
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
LBPD30 - Downtown Long Beach Specific Plan
Parking
2 Spaces (0.25 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (74)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 7281-011-013 | Improvements Assessment | $1,368,958 |
| Land Assessment | $615,500 | Total Assessment | $1,984,458 |
PROPERTY TAXES
Parcel Number
7281-011-013
Land Assessment
$615,500
Improvements Assessment
$1,368,958
Total Assessment
$1,984,458
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530 E 4th St
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