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West Fifth Street DTLB 4 Properties Offered at $5,225,000 in Long Beach, CA
Investment Highlights
- Three-building mixed use project in DTLB
- Available for purchase as a portfolio or individually
- 3 commercial and 9 residential units
- Investor and/or owner-user opportunity
Executive Summary
This unique three-building, 17,515 RSF mixed use project offers a rare purchase opportunity in the heart of Downtown Long Beach’s Entertainment District. Ideal for investors and/or owner-users seeking a flagship presence, the offering provides unmatched potential for businesses looking to establish themselves in a dynamic, high-traffic environment. Convenient free two-hour parking is available in the City parking structures nearby.
The properties may be purchased individually or together.
The properties may be purchased individually or together.
Property Facts
| Price | $5,225,000 | Number of Properties | 4 |
| Price / SF | $298.32 / SF | Individually For Sale | 0 |
| Cap Rate | 5.70% | Total Building Size | 17,515 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.38 AC |
| Status | Active |
| Price | $5,225,000 |
| Price / SF | $298.32 / SF |
| Cap Rate | 5.70% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 17,515 SF |
| Total Land Area | 0.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 121-125 W 5th St, Long Beach, CA 90802 | Multifamily | 3,600 SF | 1919 | - |
| 135 W 5th St, Long Beach, CA 90802 | Multifamily | 1,915 SF | 1942 | - |
| 129-131 W 5th St, Long Beach, CA 90802 | Office | 10,000 SF | 2019 | - |
| 137 W 5th St, Long Beach, CA 90802 | Retail | 2,000 SF | 1923 | - |
Contacts
-
Noël Aguirre -
Sean Lieppman, CCIM -
Lee & Associates - Los Angeles/Long Beach, Inc.
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West Fifth Street DTLB
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