Mixed-Use Building with Rear
For Sale
$1,600,000
1757 Long Beach, Long Beach, CA 90813
The property combines two retail spaces and seven apartments with a separately parceled parking lot.
Property Size7,100 SF
Lot Size0.35 Acres
Price / SF$225.35
Days on Market352
Property Features for 1757 Long Beach
General Information
Standard status
Active
Size
7,100 SF
Lot size
0.35 Acres
Property subtype
Mixed Use
Zoning
Midtown Specific Plan (SP-1)
Site & Location
Neighborhood
Washington School
Utilities to Site
Yes
Mixed-Use Components
retail, residential
Units
Multifamily Units
7
Individually Metered Utilities
gas, electric
Additional Details
Tenant in Place
Yes
Building Details
Building Size
7,100 SF
Year Built
1936
Tenancy
Multi
Listing Agency:
Compass
Listed By:
LaRocca Real Estate Group | Leonard LaRocca · License #01401046
(310) 698-6444
Source:
Laroccarealestate
Added: Nov 9, 2025
Changed: Oct 26
Last Checked: Oct 26 at 2:55PM
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 Compass
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Investment Insights
Based on property information with market context.
This mixed-use property includes two retail units and seven apartments. A separate parcel behind the building is used for parking. The property was built in 1936, and the combined land area of the two parcels is 15,431 square feet.
Gas and electricity are separately metered. The owner pays the water and property taxes.
Gas and electricity are separately metered. The owner pays the water and property taxes.
Key Highlights
- Two retail units and seven apartments
- Separate rear parcel used for parking
- 15,431 SF of land across both parcels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,813
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,396,260
$2.4M
Cap Rate 7%
$1,711,614
$1.7M
Cap Rate 9%
$1,331,256
$1.3M
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$213.0K $30.00/SF
− Vacancy
−$21.3K −$3.00/SF
EGI
$191.7K $27.00/SF
− OpEx
−$71.9K −$10.13/SF
NOI
$119.8K $16.88/SF
Area
ZIP 90813
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,396,260
Cap Rate 7%
$1,711,614
Cap Rate 9%
$1,331,256
Alternative Uses
Best Use
Apartment 5plus
$2.15M
$1.88M – $2.51M
NOI $150,388 @ 7.0% cap · market cap 9.40%
Second Best
Mixed Use
$1.71M
$1.50M – $2.00M
NOI $119,813 @ 7.0% cap · market cap 7.49%
Theoretical Best
Multifamily LT 5
$2.33M
$2.04M – $2.72M
NOI $163,192 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,727
Businesses Nearby
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines two retail spaces and seven apartments with a separately parceled parking lot.
Where is this mixed-use property located?
The property is located at 1757 Long Beach Long Beach, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two retail units and seven apartments; Separate rear parcel used for parking; 15,431 SF of land across both parcels
