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    Leased Retail Investment Opportunity Title is generated by Realmo AI

    2189-2191 N Lakewood Blvd, Long Beach, CA

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    Two-tenant leased retail property for sale in Long Beach.

    Type:RETAIL
    Property size:
    17,695 SF
    Lot size:
    0.87 Acres
    Price / SF:
    $310/SF
    Added:
    Aug 29, 2025
    Days on Market:
    287
    Last Refresh:
    May 19 at 10:40 pm

    Property Features for 2189-2191 N Lakewood Blvd

    General Information

    Standard status
    Active
    Size
    17,695 SF
    Lot size
    0.87 Acres
    Property subtype
    RETAIL

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    Listing Contact
    David Fults
    David Fults

    Listing agent David Fults

    Listing office Voit Real Estate Services

    Listing date Aug 29, 2025

    Source Moodyscre

    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 Voit Real Estate Services

    HighLights

    • Leased investment opportunity
    • Two‑tenant property offering diversified income
    • Income‑generating potential
    • Potential for long‑term investment
    • Property management in place

    Overview

    This property presents a two-tenant leased investment opportunity. The property offers 17695 square feet of retail space.

    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 $445.9k $25.20
    − Vacancy −$29.0k −$1.64
    EGI $416.9k $23.56
    − OpEx −$125.1k −$7.07
    NOI $291.9k $16.49
    17,695 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.17M
    $3.65M – $4.86M (±1% cap)
    NOI $291,851 @ 7.0% cap · market cap 5.31%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $9.47M
    $8.29M – $11.05M (±1% cap)
    NOI $663,168 @ 7.0% cap · market cap 12.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.143
    Latitude
    33.7957

    FAQs

    What type of property is this?
    Retail property - Two-tenant leased retail property for sale in Long Beach.
    Where is this retail property located?
    The property is located at 2189-2191 N Lakewood Blvd Long Beach, CA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Leased investment opportunity; Two‑tenant property offering diversified income; Income‑generating potential
    (323) 791-0038 Call to check price and availability
    More about this property
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