Building Details

Year Built 1942

Listing Agency: n***@lee-associates.com Show Phone

Listed By: Noel Aguirre · License #CalDRE #01263417

Source: Lee-associates

Added: Mar 4 Changed: Jul 6 Last Checked: Aug 1 at 3:10AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Noel Aguirre

Investment Insights

Based on property information with market context.

This 10,000 RSF commercial building is located in the Downtown Long Beach area.

Key Highlights

• Prime Location – Situated in the vibrant Downtown Long Beach area
• 10,000 RSF commercial building
• Exceptional commercial building

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Tanning Salon Clothing & Fashion Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,310

Businesses Nearby

Explore this area Business Placement

Demographics for 90802, CA

41,686

Population

25,055

Households

1.7

Avg Household Size

37

Median Age

44%

College-Educated

88%

High-School Grad

6.5 sq mi

ZIP Area

6,413

Density / Sq Mi

$72,152

Median Household Income

$52,011

Median Earnings

$1,855

Median Rent

$546,700

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - 10,000 RSF commercial building in vibrant Downtown Long Beach.

Where is this office building located?

The property is located at 129-131 W 5th St Long Beach, CA.

What is the asking price?

The asking price for this property is $2,375,000.

What are key features of this property?

This property features: Prime Location – Situated in the vibrant Downtown Long Beach area; 10,000 RSF commercial building; Exceptional commercial building