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Long Beach Commercial Units For Sale
For Sale
$1,200,000

456 E Market, Long Beach, CA 90805

Commercial property in Long Beach with upside potential and strong cashflow.

Property SizeContact for details
Days on Market106

Property Features for 456 E Market

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1949
Listing Agency: Beverly and Company, Inc.
Listed By: Jeannette Gonzalez · License #01938940
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 7 at 4:26AM

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 Beverly and Company, Inc.

Investment Insights

Based on property information with market context.

This commercial property is located in Long Beach and zoned LBCMR. The location provides access to shopping, transportation, and freeways, with connections to LAX Airport, Downtown LA, and other metropolitan areas. The property offers upside potential for rent growth and increased cash flow. Currently, all units are occupied, presenting an opportunity to upgrade and secure market rents. The property has a bike score of 78, indicating it is very bikeable, and a walk score of 77, indicating it is very walkable. The transit score is 45, indicating some transit options are available.

Key Highlights

  • Strong upside potential for rent growth and increased cash flow due to LBCMR zoning.
  • Currently occupied units provide immediate income and opportunity for upgrades to secure market rents.
  • Centrally located in Long Beach with access to major shopping and convenient transportation.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Spa & Massage Center Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,193
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 41% Electronics 2%
Jack in the Box Dining
16,683 visits/mo 0.2 miles
Dollar Tree Shops & Services
15,841 visits/mo 0.3 miles
Starbucks Dining
14,436 visits/mo 0.1 miles
Taco Bell Dining
12,367 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
9,849 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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  • Lili's Flowers 322 E Market St, Long Beach, CA 90805
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial property in Long Beach with upside potential and strong cashflow.
Where is this storefront property located?
The property is located at 456 E Market Long Beach, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Strong upside potential for rent growth and increased cash flow due to LBCMR zoning.; Currently occupied units provide immediate income and opportunity for upgrades to secure market rents.; Centrally located in Long Beach with access to major shopping and convenient transportation.
More about this property
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