For Sale
$2,900,000

3965 Clark Ave Long Beach, CA 90808

Vacant, 35,260 SF Office Building, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a vacant, two-story office building totaling approximately 35,260 square feet, situated on a 18,790 square foot lot in Long Beach, California. Located at the northeast corner of Clark Avenue and E Lew Davis Street, this Class B building offers a unique owner-user opportunity. Built in 1955, the property is zoned I (Institutional) and is ideally positioned adjacent to Long Beach City College and Veteran's Stadium, providing high visibility and convenient access. The building's proximity to Long Beach Airport, undergoing renovations and expansion, further enhances its appeal. The surrounding area is a major commercial office/industrial district, home to prominent companies such as Boeing, Mercedes Benz, and Gulfstream Aerospace. While there is no on-site parking, the strategic location offers significant advantages. Please note that the square footage is an estimate based on available floor plans (150 ft x 125 ft per floor), and the lot size is an estimate from GIS mapping. A survey will be conducted to confirm exact measurements. The sale is contingent upon the parcel being separated from the adjacent Frontier Communications data center. At closing, two easements will be established: one along the northern property line for telecommunication lines, and another for reciprocal generators providing backup power to 4077 E Lew Davis Street. The asking price is $2,900,000, translating to $82.25 per square foot.

Property Details for 3965 Clark Ave

Property type
Office properties
Square Feet
35,260 SF
Class
B
Year Built
1955
Buildings
1
Stories
2

Location Insight

City
Long Beach
County
Los Angeles
State
California
Latitude
33.8302278
Longitude
-118.1345367

FAQs

What type of property is this?
Office property - Vacant, 35,260 SF Office Building, Owner-User Opportunity
Where is the office property located?
The property is located at 3965 Clark Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $2,900,000.
How can I contact the broker?
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3965 Clark Ave
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