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530 E 4th St 8,000 sq ft Office Property Long Beach, CA 90802 £1,046,886 (£130.86/sq ft)
INVESTMENT HIGHLIGHTS
- LBPD30 Zoning
- Located in an Opportunity Zone
- Ability to Reposition the Existing Improvements On-Site and Cover Carrying Costs through Entitlement
- Rare Corner Lot in Core Downtown Long Beach Location
- Retail, Live/Work Offering Suitable for Owner Occupancy or Redevelopment
- Close Proximity to Many Notable Attractions
EXECUTIVE SUMMARY
YoungLewin Advisors, Inc. is pleased to present the opportunity to purchase 530 E 4th Street. Located in the core of Downtown Long Beach, this property is a great fit for an owner-user or investor.
4th Street can be used as office space, retail, live-work, or developed into multifamily. The existing improvements leave an investor with many options.
Whether for an owner user, or an investor, this location and zoning (LBPD30) will provide the buyer with a rare opportunity to invest in the rapidly growing coastal downtown submarket of Long Beach.
4th Street can be used as office space, retail, live-work, or developed into multifamily. The existing improvements leave an investor with many options.
Whether for an owner user, or an investor, this location and zoning (LBPD30) will provide the buyer with a rare opportunity to invest in the rapidly growing coastal downtown submarket of Long Beach.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
High Vacancy Property
Property Type
Property Size
8,000 sq ft
Costar Property Class
B
Year Built
1922
Price
£1,046,886
Price per sq ft
£130.86
Tenancy
Single
Number of Floors
2
Typical Floor Size
4,000 sq ft
Plot ratio
1.08
Total Plot Size
0.17 ac
Opportunity Zone
Yes
Use Class
LBPD30 - Downtown Long Beach Specific Plan
Parking
2 Spaces (0.25 Spaces per 1,000 sq ft Leased)
AMENITIES
- Signage
1 1
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Excellent Public Transport (74)
Bike Score®
Ideal For Cyclists (91)
PROPERTY TAXES
| Parcel Number | 7281-011-013 | Improvements Assessment | £1,023,673 |
| Land Assessment | £460,256 | Total Assessment | £1,483,929 |
PROPERTY TAXES
Parcel Number
7281-011-013
Land Assessment
£460,256
Improvements Assessment
£1,023,673
Total Assessment
£1,483,929
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530 E 4th St
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