Freestanding Flex Industrial
For Sale
$4,450,000
3265 E 59th Street, Long Beach, CA 90805
A warehouse-and-office layout includes private offices, a kitchenette, and multiple restrooms.
Property Size14,000 SF
Lot Size0.83 Acres
Price / SF$317.86
Days on Market223
Property Features for 3265 E 59th Street
General Information
Standard status
Active
Size
14,000 SF
Lot size
0.83 Acres
Property subtype
COMMERCIAL
Site & Location
Neighborhood
Saint Francis
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
10,100 SF
Office Build-Out
3,900 SF
Additional Details
Property Use
Flex
Building Details
Building Size
14,000 SF
Year Built
1958
Buildings
1
Listing Agency:
Compass
(310) 855-2049
Listed By:
Janet Muradian · License #01981791
(310) 230-5478
Source:
Canadaygroup
Added: Mar 19
Changed: Oct 26
Last Checked: Oct 26 at 1:07PM
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 Compass
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Investment Insights
Based on property information with market context.
This 14,000-square-foot flex industrial property combines 10,100 square feet of warehouse area with 3,900 square feet of office space. The office portion includes a reception area, four private offices, a kitchenette, five restrooms, two storage closets, and two open rooms that can serve as conference and electrical rooms. Insulation was replaced after the current ownership acquired the property in 2020, and two restrooms have been updated. The building dates to 1958.
Set on an approximately 36,155-square-foot lot, the property has parking at the front and access to a large rear yard. The site is near the 605 Freeway.
Set on an approximately 36,155-square-foot lot, the property has parking at the front and access to a large rear yard. The site is near the 605 Freeway.
Key Highlights
- 14,000‑square‑foot building with 10,100 square feet of warehouse and 3,900 square feet of office space
- Approximately 36,155‑square‑foot lot with front parking and a large rear yard
- Office area includes four private offices, a kitchenette, reception, and five restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$198,663
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,973,260
$4.0M
Cap Rate 7%
$2,838,043
$2.8M
Cap Rate 9%
$2,207,367
$2.2M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$248.6K $17.76/SF
− Vacancy
−$14.9K −$1.07/SF
EGI
$233.7K $16.69/SF
− OpEx
−$35.1K −$2.50/SF
NOI
$198.7K $14.19/SF
Area
ZIP 90805
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,973,260
Cap Rate 7%
$2,838,043
Cap Rate 9%
$2,207,367
Alternative Uses
Best Use
Warehouse
$2.84M
$2.48M – $3.31M
NOI $198,663 @ 7.0% cap · market cap 4.46%
Second Best
Industrial
$2.34M
$2.05M – $2.73M
NOI $163,605 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$4.19M
$3.67M – $4.89M
NOI $293,530 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,123
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
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Smakk'D Refreshers & Teas, Inc — 5241 Paramount Blvd #1/4, Lakewood, CA 90712
- MealswithMekah — 5489 Paramount Blvd, Long Beach, CA 90805
Frequently Asked Questions
What type of property is this?
Flex space - A warehouse-and-office layout includes private offices, a kitchenette, and multiple restrooms.
Where is this flex space located?
The property is located at 3265 E 59th Street Long Beach, CA.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: 14,000‑square‑foot building with 10,100 square feet of warehouse and 3,900 square feet of office space; Approximately 36,155‑square‑foot lot with front parking and a large rear yard; Office area includes four private offices, a kitchenette, reception, and five restrooms
