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    Long Beach Warehouse with Upgrades Title is generated by Realmo AI

    820 W Esther Street, Long Beach, CA 90813

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    Claim this Listing
    For Sale
    $1,709,000

    Commercial Sale - Long Beach, CA

    Property size:
    6,799 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $251/SF
    Added:
    Aug 25, 2025
    Days on Market:
    287
    Last Refresh:
    Jun 7 at 7:06 pm

    Property Features for 820 W Esther Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    7271016011
    Size
    6,799 SF
    Lot size
    0.32 Acres

    Building Details

    Year built
    1940
    Architectural style
    Other

    We can help!

    Listing Contact
    Miguel Gonzalez

    Listing agent Miguel Gonzalez License #01716213

    Listing office Century 21 Allstars 9155 Telegraph Rd, Pico Rivera, CA

    Listing date Aug 25, 2025

    MLS# DW25191769 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

    • Large warehouse featuring 5 roll‑up commercial doors.
    • Zoned Light industrial and Cannabis cultivation and manufacturing.
    • Approximately 2500 square feet of recently upgraded office space.
    • Large 14,000+ square foot flat lot with private, gated, off‑street parking.
    • Turnkey condition.
    • Suitable for auto restoration and storage.

    Overview

    This commercial property in Long Beach, California, features an upgraded office space of approximately 2500 square feet and a large warehouse. The property is zoned for light industrial use, as well as cannabis cultivation and manufacturing. It is suitable for auto restoration and storage. The property includes five roll-up commercial doors and private, gated off-street parking on a large, flat lot exceeding 14,000 square feet. The building is secure and private. The property size is 6799 square feet.

    Local Financial Insights For Retail

    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 $149.3k $21.96
    − Vacancy −$11.2k −$1.65
    EGI $138.1k $20.31
    − OpEx −$41.4k −$6.09
    NOI $96.7k $14.22
    6,799 SF · lease $21.96/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,676 @ 7.0% cap · market cap 5.66%
    Second Best
    Warehouse
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,479 @ 7.0% cap · market cap 5.65%
    Theoretical Best
    Multifamily LT 5
    $2.23M
    $1.95M – $2.60M (±1% cap)
    NOI $156,274 @ 7.0% cap · market cap 9.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stairs ledge Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    • Long Beach Boat Movers & Storage — 1759 W 9th St, Long Beach, CA 90813
    • Baker Cold Storage — 1710 Pier B St, Long Beach, CA 90813
    • Long Beach Police CSI Center — 1400 Canal Ave, Long Beach, CA 90813
    • Resolve Marine Group — 2144 W 15th St, Long Beach, CA 90813
    • Duncan and son lines — 929 W Anaheim St, Long Beach, CA 90813

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.2025617
    Latitude
    33.7885865

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    FAQs

    What type of property is this?
    Warehouse - Turnkey warehouse with upgraded office space and cultivation potential.
    Where is this warehouse located?
    The property is located at 820 W Esther Street Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,709,000.
    What are key features of this property?
    This property features: Large warehouse featuring 5 roll‑up commercial doors.; Zoned Light industrial and Cannabis cultivation and manufacturing.; Approximately 2500 square feet of recently upgraded office space.
    (562) 686-3299
    We can help!
    Listing Contact
    Miguel Gonzalez
    Real Estate License ID: 01716213
    Request Owner's contact information
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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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