5225 2Nd StLong Beach, CA 90803

Property Details for 5225 2Nd St

Year built

1948

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

4,300 SF

Zone code

LBCNP

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

7249-026-023

APU

7249026023

Description

This exceptional, stabilized retail storefront investment opportunity in Long Beach, CA's coveted Belmont Shore offers a compelling combination of strong tenancy, irreplaceable location, and significant upside potential. The property, encompassing 4,320 square feet across two addresses (5225-5227 E 2nd St), sits on a 0.1-acre lot at a signalized intersection, maximizing visibility and foot traffic. Built in 1948, the single-building property boasts 100% occupancy with a long-term, recently extended (10-year) NNN lease in place, featuring corporate and personal guarantees. The tenant, Catalyst, has occupied the space since 2016, demonstrating a strong commitment to the location. Further enhancing the investment's appeal is an income-generating rooftop billboard leased to Clear Channel Outdoor, Inc. since 1999. The property's location within Belmont Shore, a mature and fully built-out coastal submarket, ensures its irreplaceable nature. With an asking price of $6,000,000, a net operating income (NOI) of $388,802, and a cap rate of 6.48%, this asset presents a rare opportunity to acquire a high-performing retail property in a highly desirable coastal California market. The affluent demographics, with over 24,000 residents within a one-mile radius and an average household income exceeding $158,000, further solidify the investment's long-term prospects. This is a truly exceptional opportunity for discerning investors seeking a stable, high-performing asset in a prime coastal location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,313,798

  6.5%

  $1,212,736

  7%

  $1,126,112

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,126,002

  Geo Method

  $2,126,002

• Alternative Use

  Use

  Valuation

  Residential

  $1,212,736

  Hospitality

  $1,110,860

  Educational

  $924,222

  Medical

  $956,008

  Retail

  $1,437,679

Location Insight

City

Long Beach

County

Los Angeles

State

California

Latitude

33.7603

Longitude

-118.134

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].