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    129 W 5Th St Long Beach, CA 90802

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    For Sale
    $2,700,000

    10,000 RSF commercial building in Downtown Long Beach Entertainment District.

    Property size:
    5,050 SF

    Property Features for 129 W 5Th St

    General Information

    Size
    5,050 SF

    Building Details

    Year built
    1942

    Source: Noel Aguirre Agent Noel Aguirre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Long Beach Commercial Building

    This 10,000 RSF commercial building is located in Downtown Long Beach’s Entertainment District. The property is suitable for an owner-user seeking a flagship location. The location offers potential for businesses seeking a dynamic and high-traffic area. The property is situated in the vibrant Downtown Long Beach area, close to major attractions, dining, and retail spaces. The location drives visibility for businesses. The property is suitable for retail, office, creative space, or service-based businesses. Long Beach’s commercial real estate market is experiencing continued demand and development. The property size is 5,050 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Compassionate Artists Association / Organization Green Pines Creative ... Coworking Space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness Pharmacy

    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
    -118.24764
    Latitude
    34.04624

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    FAQs

    What type of property is this?
    Office building - 10,000 RSF commercial building in Downtown Long Beach Entertainment District.
    Where is this office building located?
    The property is located at 129 W 5Th St Long Beach, CA.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Prime location in Downtown Long Beach's Entertainment District; - High foot traffic for strong business visibility; - 10,000 RSF commercial building
    (562) 354-2526
    Request Owner's contact information
    129 W 5Th St Long Beach, CA 90802
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    Long Beach, CA 90802
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    Realmo Value Estimation

    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.

    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.

    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
    129 W 5Th St Long Beach, CA 90802
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