Mixed-Use Retail and Residential
For Sale
$2,450,000
1944 4th Street, Long Beach, CA 90802
Multi-tenant building featuring ground-floor retail and four residential units above on a high-traffic retail corridor.
Property Size5,817 SF
Price / SF$421.18
Days on Market152
Property Features for 1944 4th Street
General Information
Standard status
Active
Size
5,817 SF
Property subtype
General Commercial
Building Details
Year Built
1928
Listing Agency:
NAI Capital Commercial Inc.
(818) 905-2400
Listed By:
Tim Steuernol · License #01742766
Source:
Xome
Added: Mar 4
Changed: Jul 10
Last Checked: Jul 16 at 6:48AM
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 NAI Capital Commercial Inc.
Investment Insights
Based on property information with market context.
This mixed-use, multi-tenant property includes ground-floor retail space and four residential units on the second level. The ground floor is occupied by two established retail tenants: Salud Juice Bar & Cafe and Fatimas Grill. The building sits on approximately 3,596 square feet of land with an approximately 5,817 square foot building area.
The property is located along 4th Street in Long Beach, commonly referred to as “Retro Row.” Retro Row spans between Cherry Avenue and Junipero Avenue and is described as a corridor with more than 40 independent merchants, featuring a mix of vintage and contemporary retail categories along with locally owned restaurants, coffee shops, and wine bars.
For buyers, this configuration offers an immediate blend of street-level storefront income and residential units within the same asset. For tenants, the active retail presence supports a retail-forward streetscape while the second-floor residential component adds a built-in mix of daily users on-site. The combination of current tenant occupancy and a traditional mixed-use layout can be useful for operators seeking a straightforward retail-and-residential holding in a well-known neighborhood commercial corridor.
The property is located along 4th Street in Long Beach, commonly referred to as “Retro Row.” Retro Row spans between Cherry Avenue and Junipero Avenue and is described as a corridor with more than 40 independent merchants, featuring a mix of vintage and contemporary retail categories along with locally owned restaurants, coffee shops, and wine bars.
For buyers, this configuration offers an immediate blend of street-level storefront income and residential units within the same asset. For tenants, the active retail presence supports a retail-forward streetscape while the second-floor residential component adds a built-in mix of daily users on-site. The combination of current tenant occupancy and a traditional mixed-use layout can be useful for operators seeking a straightforward retail-and-residential holding in a well-known neighborhood commercial corridor.
Key Highlights
- Mixed‑use property at 1944 East 4th Street, Long Beach, with ground‑floor retail and four residential units above
- Approximately 5,817 SF building on roughly 3,596 SF of land
- Ground floor includes two established retail tenants: Salud Juice Bar & Cafe and Fatimas Grill
Financial Insights For Apartment 5plus
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 | $212.9k | $36.60 |
| − Vacancy | −$10.6k | −$1.83 |
| EGI | $202.3k | $34.77 |
| − OpEx | −$91.0k | −$15.65 |
| NOI | $111.2k | $19.12 |
5,817 SF · lease $36.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.59M
$1.39M – $1.85M
NOI $111,241 @ 7.0% cap · market cap 4.54%
Second Best
Mixed Use
$1.45M
$1.27M – $1.69M
NOI $101,434 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$3.11M
$2.73M – $3.63M
NOI $218,008 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
814
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 100%
Shoe Palace
Apparel
814 visits/mo
0.1 miles
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
Market
Properties on Market for Mixed-use properties in Long Beach
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant building featuring ground-floor retail and four residential units above on a high-traffic retail corridor.
Where is this mixed-use property located?
The property is located at 1944 4th Street Long Beach, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Mixed‑use property at 1944 East 4th Street, Long Beach, with ground‑floor retail and four residential units above; Approximately 5,817 SF building on roughly 3,596 SF of land; Ground floor includes two established retail tenants: Salud Juice Bar & Cafe and Fatimas Grill
