530 4Th StLong Beach, CA 90802
- Retail space
- 8,000 SF
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 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.
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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