Owner/User Industrial | Heart of Long Beach | 728-730 W Esther St
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Owner/User Industrial | Heart of Long Beach 728-730 W Esther St
13,655 SF Industrial Building Long Beach, CA 90813 £2,686,034 (£197/SF)
Investment Highlights
- 728-730 W Esther St is a 13,655-SF industrial warehouse asset with an adjacent 0.17-acre gated parking lot included in the sale.
- Premier light-industrial asset that offers potential for cannabis use with in-place State and City Cultivation and Distribution licenses.
- Los Angeles Metro Blue Line serves the immediate area well, and the Metrolink Commuter Rail serves the surrounding neighborhoods.
- Ideally located in the heart of Long Beach’s industrial hub and Opportunity Zone near main thoroughfares PCH Hwy and the 710 Fwy.
- Less than 5 miles from Long Beach Daugherty Airport, the Port of Long Beach, and the J.H. Baxter Co. Railroad Terminal.
Executive Summary
Kidder Mathews is pleased to present 728-730 W Esther St, a renovated warehouse for sale in Long Beach's industrial market.
Due to the flexible use profile of LBIL and the central location near the main thoroughfares of PCH (HWY 1) and the 710 fwy, this property offers a lot to potential buyers in use profiles and location. The sturdy concrete block construction and metal roof allows for scaling clear height throughout the warehouse.
The Property has a tall gate enclosing a private paved yard and loading characteristics include an oversized ground level loading door off of Esther as well as rollup door access into the warehouse from the yard area.
For potential cannabis uses, this property has previously had State and City Cultivation and Distribution licenses, allowing for the legal cultivation and distribution of Cannabis from this location. Although the current licenses are expired, the property is located in the cannabis zone and has successfully acquired the permits before. The property has had upgraded plumbing infrastructure installed throughout the warehouse as a further asset to buyers with a Cannabis use in mind.
The property is located 1.7 miles from the Port of Long Beach, 3.5 miles from the Long Beach Airport, and 15 miles to LAX.
Due to the flexible use profile of LBIL and the central location near the main thoroughfares of PCH (HWY 1) and the 710 fwy, this property offers a lot to potential buyers in use profiles and location. The sturdy concrete block construction and metal roof allows for scaling clear height throughout the warehouse.
The Property has a tall gate enclosing a private paved yard and loading characteristics include an oversized ground level loading door off of Esther as well as rollup door access into the warehouse from the yard area.
For potential cannabis uses, this property has previously had State and City Cultivation and Distribution licenses, allowing for the legal cultivation and distribution of Cannabis from this location. Although the current licenses are expired, the property is located in the cannabis zone and has successfully acquired the permits before. The property has had upgraded plumbing infrastructure installed throughout the warehouse as a further asset to buyers with a Cannabis use in mind.
The property is located 1.7 miles from the Port of Long Beach, 3.5 miles from the Long Beach Airport, and 15 miles to LAX.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
| Price | £2,686,034 | Number of Floors | 1 |
| Price Per SF | £197 | Year Built/Renovated | 1950/2023 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.46/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16 ft |
| Building Class | C | Level Access Doors | 2 |
| Lot Size | 0.49 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 13,655 SF |
| Price | £2,686,034 |
| Price Per SF | £197 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 13,655 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1950/2023 |
| Tenancy | Single |
| Parking Ratio | 1.46/1,000 SF |
| Clear Ceiling Height | 16 ft |
| Level Access Doors | 2 |
| Opportunity Zone |
Yes |
Amenities
- Fenced Lot
- Yard
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
TBD Pricing.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 13,655 SF | Industrial | Full Build-Out | Jan 2025 |
1st Floor
| Size |
| 13,655 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Jan 2025 |
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1st Floor
| Size | 13,655 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Jan 2025 |
TBD Pricing.
Walk Score ®
Very Walkable (71)
Bike Score ®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 7271-016-013 | Improvements Assessment | £1,397,275 |
| Land Assessment | £1,479,467 | Total Assessment | £2,876,742 |
PROPERTY TAXES
Parcel Number
7271-016-013
Land Assessment
£1,479,467
Improvements Assessment
£1,397,275
Total Assessment
£2,876,742
zoning
| Zoning Code | IL (Light Industrial) |
| IL (Light Industrial) |
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Ian Stevenson -
Jeremy Benloulou -
Alan Abselet -
Kidder Mathews
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Owner/User Industrial | Heart of Long Beach | 728-730 W Esther St
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