Turnkey Office Building with
434 E Broadway Long Beach, CA 90802
For Sale
Contact for pricing
Standalone office building with kitchenettes on both levels and a private, secure rear patio.
Property Size5,200 SF
Price / SF$472
Days on Market29
Property Features for 434 E Broadway
General Information
Standard status
Active
Size
5,200 SF
Property subtype
OFFICE
Listing Agency:
Lee & Associates - Torrance
(310) 965-1777
Listed By:
Craig Poropat · License #00896729
(310) 965-1777
Source:
Moodyscre
Added: Jul 1
Changed: Jul 26
Last Checked: Jul 26 at 12:19AM
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 Lee & Associates - Torrance
Investment Insights
Based on property information with market context.
This standalone office building is offered as a turnkey, plug-and-play environment, with existing office furniture available for purchase. The building includes fully equipped employee kitchenettes on both the upstairs and downstairs levels, supporting daily on-site convenience.
The property is described as being located in the heart of the Arts District. It also features a private, highly secure rear patio, providing an enclosed outdoor area for staff.
With its two-level kitchenette setup and secure rear patio, the space is configured for an office operation that values in-building amenities and controlled access to outdoor space.
The property is described as being located in the heart of the Arts District. It also features a private, highly secure rear patio, providing an enclosed outdoor area for staff.
With its two-level kitchenette setup and secure rear patio, the space is configured for an office operation that values in-building amenities and controlled access to outdoor space.
Key Highlights
- Standalone office building in the heart of the Arts District
- All existing office furniture available for purchase to support a plug‑and‑play setup
- Fully equipped employee kitchenettes on both upstairs and downstairs levels
Financial Insights For Office B
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 | $237.1k | $45.60 |
| − Vacancy | −$60.5k | −$11.63 |
| EGI | $176.7k | $33.97 |
| − OpEx | −$44.2k | −$8.49 |
| NOI | $132.5k | $25.48 |
5,200 SF · lease $45.60/SF/yr · vacancy 25.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.89M
$1.66M – $2.21M
NOI $132,491 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M
NOI $194,884 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Standalone office building with kitchenettes on both levels and a private, secure rear patio.
Where is this office building located?
The property is located at 434 E Broadway Long Beach, CA.
What is the asking price?
The asking price for this property is $2,454,400.
What are key features of this property?
This property features: Standalone office building in the heart of the Arts District; All existing office furniture available for purchase to support a plug‑and‑play setup; Fully equipped employee kitchenettes on both upstairs and downstairs levels
