Freestanding Building in West Long
For Sale
$800,000
Long Beach, CA 90813, Long Beach, CA 90813
Freestanding building with fenced yard and easy freeway access.
Property Size2,800 SF
Price / SF$285.71
Days on Market316
Property Features
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Warehouse/Office
Building Details
Building Size
2,800 SF
Year Built
1957
Listed By:
Matt Stringfellow, SIOR · License #CalDRE #01410219
(310) 329-9000
Source:
Corfac
Added: Nov 25, 2025
Changed: Oct 6
Last Checked: Oct 5 at 4:39PM
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 Matt Stringfellow, SIOR
Investment Insights
Based on property information with market context.
This freestanding building, situated in West Long Beach at the intersection of W Cowles St and Caspian Ave, offers 2,800 square feet of space. The property features a fenced yard and provides quick access to the 710 Freeway. It includes one ground-level door and boasts a clear height of 14 feet.
Key Highlights
- Great West Long Beach Location (Cowles St/Caspian Ave)
- Quick Access to 710 Freeway
- Freestanding Building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,333
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,660
$886.7K
Cap Rate 7%
$633,329
$633.3K
Cap Rate 9%
$492,589
$492.6K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$76.3K $27.24/SF
− Vacancy
−$17.2K −$6.13/SF
EGI
$59.1K $21.11/SF
− OpEx
−$14.8K −$5.28/SF
NOI
$44.3K $15.83/SF
Area
ZIP 90813
Vacancy
22.50%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,660
Cap Rate 7%
$633,329
Cap Rate 9%
$492,589
Alternative Uses
Best Use
Office B
$633.3K
$554.2K – $738.9K
NOI $44,333 @ 7.0% cap · market cap 5.54%
Second Best
Warehouse
$567.6K
$496.7K – $662.2K
NOI $39,733 @ 7.0% cap · market cap 4.97%
Theoretical Best
Multifamily LT 5
$919.4K
$804.5K – $1.07M
NOI $64,357 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding building with fenced yard and easy freeway access.
Where is this warehouse located?
The property is located at Long Beach, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Great West Long Beach Location (Cowles St/Caspian Ave); Quick Access to 710 Freeway; Freestanding Building
