Multi-Tenant Auto
For Sale
$5,890,000
2512 E South Long Beach, Long Beach, CA 90805
Fully leased six-unit concrete block auto center with oversized roll-up doors, floor drains, parking, and usable yard space.
Property Size15,216 SF
Lot Size0.91 Acres
Price / SF$387.09
Days on Market92
Property Features for 2512 E South Long Beach
General Information
Standard status
Active
Size
15,216 SF
Lot size
0.91 Acres
Occupancy
100%
Additional Details
Opportunity Zone
Yes
Highway Access
Yes
Heavy Power
Yes
Office Units
6
Amenities
1
true
Assessor
6-10 Units/Acre
Public
39444
0.9055
15216
Building Details
Building Size
15,216 SF
Year Built
1986
Tenancy
Multi
Listed By:
Blanca Franco
(909) 328-1567
Source:
Rmarealty
Added: Jul 15
Changed: Oct 7
Last Checked: Oct 7 at 9:51AM
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 Blanca Franco
Investment Insights
Based on property information with market context.
This upgraded auto center offers six separate units within concrete block buildings. The property is fully leased and laid out to support either single-user or multi-tenant occupancy. Each unit is separately metered with dedicated 200-amp electrical panels connected to a 1,200-amp main service. Improvements include oversized roll-up doors, high ceilings, and floor drains tied to a common clarifier system, along with ample parking and usable yard space.
Built in 1986, the site sits on a 39,450 square foot lot and totals 15,216 square feet of building area. The property is located within an Opportunity Zone, and the ownership may qualify for potential tax benefits for qualified investors. Certain industrial uses are permitted under grandfathered use, while commercial uses remain allowed under current zoning. Access is convenient to the 91, 710, 405, 605, and 105 freeways, supporting travel throughout the Los Angeles and Orange County markets.
Built in 1986, the site sits on a 39,450 square foot lot and totals 15,216 square feet of building area. The property is located within an Opportunity Zone, and the ownership may qualify for potential tax benefits for qualified investors. Certain industrial uses are permitted under grandfathered use, while commercial uses remain allowed under current zoning. Access is convenient to the 91, 710, 405, 605, and 105 freeways, supporting travel throughout the Los Angeles and Orange County markets.
Key Highlights
- Fully leased six‑unit concrete block auto center totaling 15,216 SF on a 39,444 SF lot (0.9055 acres)
- Six units designed for single‑user or multi‑tenant occupancy, with each unit separately metered
- Dedicated 200‑amp electrical panels per unit connected to a 1,200‑amp main service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$210,510
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,210,200
$4.2M
Cap Rate 7%
$3,007,286
$3.0M
Cap Rate 9%
$2,339,000
$2.3M
Market Conditions
NOI Build-Up for 15,216 SF
Gross rent
$328.7K $21.60/SF
− Vacancy
−$27.9K −$1.84/SF
EGI
$300.7K $19.76/SF
− OpEx
−$90.2K −$5.93/SF
NOI
$210.5K $13.83/SF
Area
ZIP 90805
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,210,200
Cap Rate 7%
$3,007,286
Cap Rate 9%
$2,339,000
Alternative Uses
Best Use
Retail
$3.01M
$2.63M – $3.51M
NOI $210,510 @ 7.0% cap · market cap 3.57%
Second Best
Industrial
$2.54M
$2.22M – $2.96M
NOI $177,815 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$4.56M
$3.99M – $5.32M
NOI $319,025 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,824
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Fully leased six-unit concrete block auto center with oversized roll-up doors, floor drains, parking, and usable yard space.
Where is this flex space located?
The property is located at 2512 E South Long Beach Long Beach, CA.
What is the asking price?
The asking price for this property is $5,890,000.
What are key features of this property?
This property features: Fully leased six‑unit concrete block auto center totaling 15,216 SF on a 39,444 SF lot (0.9055 acres); Six units designed for single‑user or multi‑tenant occupancy, with each unit separately metered; Dedicated 200‑amp electrical panels per unit connected to a 1,200‑amp main service
