Long Beach Mixed-Use
1944 E 4th St, Long Beach, CA 90802
For Sale
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Multi-tenant property in Long Beach's vibrant 'Retro Row' district.
Property Size5,817 SF
Lot Size0.08 Acres
Price / SF$403.99
Days on Market261
Property Features for 1944 E 4th St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Net Operating Income
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
NAI Capital Commercial, Inc
Listed By:
Tim Steuernol · License CA #01742766
(310) 406-9110
Source:
Crexi
Added: Feb 23
Changed: Aug 28
Last Checked: Aug 25 at 9:56AM
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
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Investment Insights
Based on property information with market context.
Located in Long Beach, California, the property at 1944 East 4th Street is a multi-tenant, mixed-use asset. The building has approximately 5,817 square feet of building area on a roughly 3,596 square foot lot. The ground floor is occupied by two retail tenants: Salud Juice Bar & Café and Fatimas Grill. The second level contains four residential units. The property is positioned along the high-traffic 4th Street corridor, known as “Retro Row,” between Cherry Avenue and Junipero Avenue. This area is home to over 40 independent merchants and is known for its mix of vintage and contemporary clothing, furniture, accessories, art, antiques, books, and specialty retailers. The area also features a diverse selection of locally owned restaurants, coffee shops, and wine bars. This property offers an opportunity to acquire a stabilized mixed-use property in one of Long Beach’s retail corridors.
Key Highlights
- Prime location on the high‑traffic 4th Street corridor, known as "Retro Row" in Long Beach.
- Stabilized mixed‑use property with established retail tenants and residential units.
- Located in a vibrant and culturally distinctive district with over 40 independent merchants.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,434
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,028,680
$2.0M
Cap Rate 7%
$1,449,057
$1.4M
Cap Rate 9%
$1,127,044
$1.1M
Market Conditions
NOI Build-Up for 5,817 SF
Gross rent
$174.5K $30.00/SF
− Vacancy
−$12.2K −$2.10/SF
EGI
$162.3K $27.90/SF
− OpEx
−$60.9K −$10.46/SF
NOI
$101.4K $17.44/SF
Area
Long Beach, CA
Vacancy
7.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,028,680
Cap Rate 7%
$1,449,057
Cap Rate 9%
$1,127,044
Alternative Uses
Best Use
Mixed Use
$1.45M
$1.27M – $1.69M
NOI $101,434 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.11M
$2.73M – $3.63M
NOI $218,008 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,844
Businesses Nearby
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Business Placement
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
$546,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Long Beach, CA
Properties on Market for Mixed-use properties in Long Beach
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant property in Long Beach's vibrant 'Retro Row' district.
Where is this mixed-use property located?
The property is located at 1944 E 4th St Long Beach, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Prime location on the high‑traffic 4th Street corridor, known as "Retro Row" in Long Beach.; Stabilized mixed‑use property with established retail tenants and residential units.; Located in a vibrant and culturally distinctive district with over 40 independent merchants.
