129 5th Street Long Beach, CA 90802
Vacant two-story storefront with built-out interior areas, kitchen, and restrooms, totaling about 15,000 SF including basement.
Property Features for 129 5th Street
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1942
Listing office Broadmoor Realty, Inc. (562) 587-9000
Listing date Mar 29, 2026
Source Xome
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 Broadmoor Realty, Inc.
Investment Insights
Based on property information with market context.
The building is located near Pine Avenue, just west of the East Village Arts District, and about one mile from the Long Beach waterfront and Shoreline Village. The surrounding Downtown Long Beach area is described in the offering as being in the midst of major revitalization, with significant planned and ongoing redevelopment activity.
For tenants or buyers seeking a Downtown Long Beach commercial property with a substantial interior footprint and existing improvements, the ready-to-use layout can help streamline occupancy planning. The seller indicates they may offer financing via a new First Trust Deed with 35% down for qualified terms, subject to negotiation.
Key Highlights
- Vacant two‑story commercial storefront building with approximately 10,000 SF above grade
- Additional approximately 5,000 SF basement space
- Interior built out with lobby areas, multiple rooms, a kitchen, and restrooms
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 | $252.0k | $25.20 |
| − Vacancy | −$16.4k | −$1.64 |
| EGI | $235.6k | $23.56 |
| − OpEx | −$70.7k | −$7.07 |
| NOI | $164.9k | $16.49 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Alysson's Flowers and Gifts — 5370 Atlantic Ave, Long Beach, CA 90805
- Joshua's Flowers — 5208 Atlantic Ave, Long Beach, CA 90808
- rubens flower designs — 49 W Del Amo Blvd, Long Beach, CA 90805
- Lili's Flowers — 322 E Market St, Long Beach, CA 90805
- Dory's Flower & Gift Shop — 5359 Long Beach Blvd, Long Beach, CA 90805
