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Two-Story Mixed-Use Building
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402 E 1st St, Long Beach, CA 90802

Ground-level retail spaces are paired with three upstairs residential units in a walkable Downtown Long Beach setting.

Property Size6,856 SF
Lot Size0.09 Acres
Days on Market143

Property Features for 402 E 1st St

General Information

Standard status Active
Size 6,856 SF
Lot size 0.09 Acres
Property subtype Mixed Use

Additional Details

Corner Location Yes

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Marcus & Millichap - Encino
Listed By: Filip Niculete · License #CA 01905352
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:33AM

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 Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

This two-story mixed-use building contains 6,856 square feet on a 3,730-square-foot signalized corner lot. The ground floor is arranged as three retail units, while the upper level includes three residences: one two-bedroom, one-bath unit and two one-bedroom, one-bath units.

Located at 402 E 1st St in Downtown Long Beach, the property is near the Long Beach waterfront and within walking distance of the Westin Long Beach Hotel, City Place Shopping Center, The Pike Outlets, The Promenade, Pine Square, Shoreline Village, the Aquarium of the Pacific, Alamitos Beach, and the Long Beach Convention and Entertainment Center. The surrounding area also includes the Museum of Latin American Art, galleries, cafés, shops, dining, and entertainment venues.

Key Highlights

  • 6,856 square feet of building on a 3,730‑square‑foot signalized corner lot
  • Three ground‑floor retail units with three residences above
  • Residential mix includes one 2bed/1bath and two 1bed/1bath units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Carpet & Flooring Store Daycare Center Tanning Salon Clothing & Fashion Store Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,127
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-level retail spaces are paired with three upstairs residential units in a walkable Downtown Long Beach setting.
Where is this mixed-use property located?
The property is located at 402 E 1st St Long Beach, CA.
What are key features of this property?
This property features: 6,856 square feet of building on a 3,730‑square‑foot signalized corner lot; Three ground‑floor retail units with three residences above; Residential mix includes one 2bed/1bath and two 1bed/1bath units
(818) 212-2808 Call to check price and availability
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