1427 4Th StLong Beach, CA 90802

Property Details for 1427 4Th St

Year built

1929

Construction

WOOD

Lot size

0.07 AC

Property size (Sq ft)

5,065 SF

Zone code

LBCNR

Property type

Investment properties

Property subtype

Live-work space

APN

7266-018-036

APU

7266018036

Description

This exceptional 2,500 square foot Class A creative office space is available for lease at 1427 E 4th St in Long Beach, CA 90802. The property consists of a single, two-story building with a total of 2,500 square feet, currently entirely vacant and ready for immediate occupancy. The building features a modern exterior with smooth stucco and updated siding and lighting. The interior is in shell condition, offering a blank canvas for a tenant to customize the space to their specific needs. High ceilings and an open floor plan provide excellent flexibility for various uses. The property is zoned to accommodate a wide range of businesses, including restaurants, wine tasting shops, and other permitted retail uses. The building is conveniently located in Long Beach, California, offering easy access to major transportation routes and amenities. This is a rare opportunity to lease a completely vacant, modern, and adaptable space in a desirable Long Beach location. The property type is listed as both retail and office, making it suitable for a variety of businesses seeking a unique and stylish workspace. There are no elevators in this building. The entire 2,500 square feet is available for lease as a single unit.

• CAP approach

  CAP return

  Valuation

  6%

  $1,202,071

  6.5%

  $1,109,604

  7%

  $1,030,347

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,615,634

  Geo Method

  $1,615,634

• Alternative Use

  Use

  Valuation

  Residential

  $1,375,910

  Hospitality

  $1,260,326

  Educational

  $1,048,576

  Medical

  $1,084,638

  Retail

  $1,631,118

Location Insight

City

Long Beach

County

Los Angeles

State

California

Latitude

33.7719

Longitude

-118.173

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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