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    351 Pacific Ave Long Beach, CA 90802

    For Sale
    $1,599,990

    Two-unit commercial property in revitalizing Downtown Long Beach business district.

    Lot size:
    0.17 Acres

    Property Features for 351 Pacific Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1917

    Source: Platinum Properties R.E. Agent Hoyt Hochman

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

    Overview

    Downtown Long Beach Retail Property

    This two-unit commercial/retail property is situated on the signalized corner intersection of 4th and Pacific in the heart of Downtown Long Beach. Both units are occupied by long-term food service tenants. The Downtown Long Beach Business District features attractions such as The Queen Mary, The Aquarium of the Pacific, Shoreline Village, Rainbow Harbor Waterfront, and The Pike, which make up the Long Beach Convention and Entertainment Center. Downtown Long Beach is undergoing a major urban revitalization with private and public investment creating significant growth. This includes over $3.5 billion in new investment, with over 1,700 residential units recently completed or under construction and an additional 2,300 residential units approved for construction or in the review process.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cinco de Mayo ... Mexican Restaurant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Josy's Events, Ghilan Florals and Crafts Creations, Vida Plant Shop, Flower Delivery Long Beach

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1941301
    Latitude
    33.7715314

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    FAQs

    What type of property is this?
    Storefront property - Two-unit commercial property in revitalizing Downtown Long Beach business district.
    Where is this storefront property located?
    The property is located at 351 Pacific Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,599,990.
    What are key features of this property?
    This property features: - Prime location on a signalized corner in the heart of Downtown Long Beach.; - Property consists of two commercial/retail units.; - Both units are currently occupied by long-term food service tenants.
    (562) 424-3700
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    351 Pacific Ave 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
    351 Pacific Ave Long Beach, CA 90802
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