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    1434 Broadway Long Beach, CA 90802

    Sponsored
    For Sale
    $850,000

    Alamitos Beach gem: Vacant, high-potential building.

    Property size:
    3,311 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,311 square foot mixed-use property, located at 1434 E Broadway in Long Beach, California, presents a unique investment opportunity. Built in 1917, this single-story Class C building sits on a desirable corner lot in the heart of Alamitos Beach, at the signalized intersection of Broadway and Falcon. Currently vacant and ready for immediate occupancy, the property is zoned for a variety of uses, making it ideal for owner-users. The interior is currently in a mid-demolition phase, offering a blank canvas for customization. The asking price is $850,000, translating to $256.72 per square foot. Previous uses include a bar, creative office space, and restaurant, suggesting a versatile layout adaptable to various professional needs. The property's prime location in a thriving Long Beach neighborhood, combined with its flexible zoning and vacant status, makes it an attractive proposition for a wide range of businesses. This is a chance to acquire a value-add property with significant upside potential in a highly sought-after area of Los Angeles County (zip code 90802). The property's location on a busy corner offers excellent visibility and accessibility. Serious inquiries are encouraged.

    Property Features for 1434 Broadway

    General Information

    Property type
    Restaurants
    Square Feet
    3,311 SF
    Class
    C

    Building Details

    Year Built
    1917
    Stories
    1

    HighLights

    • 3,311 SF mixed‑use building in Long Beach, CA.
    • Located at 1434 E Broadway, on a corner lot at a signalized intersection.
    • Vacant and ready for immediate occupancy.
    • Zoned for multiple uses, ideal for owner‑users.
    • Asking price: $850,000 ($256.72/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1735121
    Latitude
    33.7678138

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    FAQs

    What type of property is this?
    Restaurant - Alamitos Beach gem: Vacant, high-potential building.
    Where is this restaurant located?
    The property is located at 1434 Broadway Long Beach, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 3,311 SF mixed-use building in Long Beach, CA.; Located at 1434 E Broadway, on a corner lot at a signalized intersection.; Vacant and ready for immediate occupancy.
    Request Owner's contact information
    1434 Broadway Long Beach, CA 90802
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    Long Beach, CA 90802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1434 Broadway Long Beach, CA 90802
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