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    Long Beach Mixed-Use Redevelopment Opportunity Title is generated by Realmo AI

    1757 Long Beach, Long Beach, CA 90813

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    For Sale
    $2,500,000

    Commercial/Residential - Long Beach, CA

    Property size:
    7,100 SF
    Lot size:
    15,431.00 Acres
    Price / SF:
    $352/SF
    Added:
    Nov 9, 2025
    Days on Market:
    207
    Last Refresh:
    Jun 4 at 7:06 pm

    Property Features for 1757 Long Beach

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    1
    Bathrooms
    9
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1
    Parking
    29
    Exterior features
    Community Features Included: Urban, 0-1 Unit/Acre
    Standard status
    Active
    APN
    7269019006
    Size
    7,100 SF
    Lot size
    15,431.00 Acres

    Building Details

    Year built
    1936
    Floors in Building
    2
    Number of units
    9
    Architectural style
    Other

    We can help!

    Listing Contact
    Austin Carr

    Listing agent Austin Carr License #01986298

    Listing office Realty One Group United 22939 Hawthorne Blvd STE 203, Torrance, CA

    Listing date Nov 9, 2025

    MLS# PW25256090 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Significant development potential: Convert retail units into ADUs and build on the separate parking lot.
    • Favorable zoning: Located within the Midtown Specific Plan (SP‑1) allowing for diverse mixed‑use developments.
    • High density build potential: Buildable area of 17,482 sq ft, potentially accommodating up to 32 units.
    • Value‑add opportunity: Existing mixed‑use property with two retail units and seven apartment units.
    • Prime location: Situated near $6 Billion of development in Downtown Long Beach.
    • Separately metered utilities: Tenants pay for gas and electric.

    Overview

    This mixed-use property in Long Beach, California, presents a redevelopment opportunity with a separately parceled parking lot in the rear. The combined land size of both lots is 15,431 square feet. Currently, the property features two retail units and seven apartment units. The owner only pays for water and property taxes, as gas and electric are separately metered. Located at 1757 Long Beach Blvd, the property falls within the Midtown Specific Plan (SP-1) zoning area, which allows for pedestrian-friendly commercial and residential projects. With a potential Floor Area Ratio (FAR) of 2.0 and a height of four stories, the total buildable area is approximately 17,482 square feet, or 4,370.5 square feet per story. This allows for the construction of structures that combine retail spaces, offices, or residential units in mid- to high-density formats. A new owner could potentially build up to 32 units of 500 square feet each or around 20 units of 800 square feet each. The property is located near $6 billion of development in Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific, and Queen Mary Island. The existing building size is approximately 7,100 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $285.4k $40.20
    − Vacancy −$12.0k −$1.69
    EGI $273.4k $38.51
    − OpEx −$123.0k −$17.33
    NOI $150.4k $21.18
    7,100 SF · lease $40.20/SF/yr · vacancy 4.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.15M
    $1.88M – $2.51M (±1% cap)
    NOI $150,388 @ 7.0% cap · market cap 6.02%
    Second Best
    Mixed Use
    $1.71M
    $1.50M – $2.00M (±1% cap)
    NOI $119,813 @ 7.0% cap · market cap 4.79%
    Theoretical Best
    Multifamily LT 5
    $2.33M
    $2.04M – $2.72M (±1% cap)
    NOI $163,192 @ 7.0% cap · market cap 6.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eye&Brow Beauty Salin Hair Salon Hair & Nail By ... Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1899066
    Latitude
    33.7890597

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with redevelopment potential in Long Beach, CA.
    Where is this mixed-use property located?
    The property is located at 1757 Long Beach Long Beach, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Significant development potential: Convert retail units into ADUs and build on the separate parking lot.; Favorable zoning: Located within the Midtown Specific Plan (SP‑1) allowing for diverse mixed‑use developments.; High density build potential: Buildable area of 17,482 sq ft, potentially accommodating up to 32 units.
    (562) 537-7496
    We can help!
    Listing Contact
    Austin Carr
    Real Estate License ID: 01986298
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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