530 4Th StLong Beach, CA 90802

  • Retail properties
  • 8,000 SF
For Sale
$1,400,000 View listing

Property Details for 530 4Th St

Year built
1922
Construction
TILT-UP CONCRETE
Lot size
0.09 AC
Property size (Sq ft)
8,000 SF
Zone code
LBPD30
Property type
Retail properties
Property subtype
Retail space
APN
7281-011-013
APU
7281011013

Description

This 8,000 square foot, Class B, mixed-use property at 530 E 4th St, Long Beach, CA 90802, offers significant redevelopment potential. Located in the heart of downtown Long Beach, this rare corner lot (4,001 sq ft) sits in an Opportunity Zone and is zoned LBPD 30, allowing for diverse uses including retail, live/work, and multifamily. The existing building, constructed in 1922, presents an adaptive reuse opportunity for an owner-user or investor seeking to capitalize on the rapidly growing Long Beach coastal downtown submarket. The asking price is $1,400,000 ($175/sq ft), with a land value of $399.90/sq ft. The property's versatility and prime location make it an exceptional investment opportunity. The single unit building provides flexibility for various development scenarios, allowing for the repositioning of existing improvements and potential on-site income generation during the entitlement process. This is a unique chance to acquire a strategically located asset in a thriving urban environment.

530 4Th St, Long Beach, California

Location Insight

City
Long Beach
County
Los Angeles
State
California
Latitude
33.7715
Longitude
-118.186
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$26,939
$603,432
$1,342,116
$1,945,548
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