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Mixed-Use Retail and Residential Building

1944 4th Street Long Beach, CA 90802

1944 4th Street, Long Beach, CA, 90802
$2,450,000
For Sale
Claim this Listing
$2,450,000

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
AddedMar 4
Days on Market134
Last RefreshJul 16 at 6:48 am

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 office NAI Capital Commercial Inc.

Listing date Mar 4, 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 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.

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

Local 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 (±1% cap)
NOI $111,241 @ 7.0% cap · market cap 4.54%
Second Best
Mixed Use
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,434 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$3.11M
$2.73M – $3.63M (±1% cap)
NOI $218,008 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fatima's Grill Restaurant Salud Juice Bar Specialty Food Shop

Suggested Use

Law Firm HVAC Service Computer & Electronic Repair Daycare Center Parking Lot & Garage Big Box & Wholesale Store Travel Agency Carpet & Flooring Store Tech Support Center (Bike/Boat/Book/etc) Store

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

FAQs

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
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