Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    130 Pine Ave Long Beach, CA 90802

    Sponsored
    For Sale
    $5,950,000

    Downtown Long Beach mixed-use building, redevelopment opportunity.

    Property size:
    28,368 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional mixed-use building, located at 130 Pine Avenue in Long Beach, California, presents a compelling redevelopment opportunity. The 28,368-square-foot property, situated on a 7,521-square-foot lot (approximately 0.17 acres), boasts a prime location in the heart of Downtown Long Beach's Design and Entertainment District. The building, constructed in 1924 and renovated in 2019, is a four-story Class B structure with five units and currently has 25% occupancy. The property features a fully built-out restaurant space on the ground floor and three stories of turnkey creative office space above, totaling approximately 20,868 square feet. A sizable basement of approximately 7,500 square feet is also included and is elevator-served. The asking price is $5,950,000, translating to $209.74 per square foot. The property is zoned PD-30 and is offered as a fee simple ownership with a modified lease type and a 36-month lease option. While there is no on-site parking, numerous nearby parking structures offer monthly passes. This unique property is ideal for restaurant/bar operators, office users, and investors seeking a high-potential redevelopment project in a vibrant urban setting. The property's multi-tenant configuration allows for diverse income streams. The building's history and location combine to create a truly unique investment opportunity.

    Property Features for 130 Pine Ave

    General Information

    Property type
    Restaurants
    Square Feet
    28,368 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1924/2019
    Buildings
    1
    Stories
    4
    Units
    5

    HighLights

    • 130 Pine Avenue, Long Beach, CA 90813, APN 7280‑027‑008
    • ±28,368 SF building on ±7,521 SF lot (±0.17 acres)
    • No on‑site parking; nearby monthly parking available
    • LBPD30 zoning
    • Ground floor: fully built‑out restaurant space; three floors of turnkey creative office space; ±7,500 SF elevator‑served basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    BLVD Real Estate ... Commercial Real Estate Agency Out West Kitchen ... Caterer Greenkai Inc. Non-Profit Organization Tuchscher Engineering Group, ... Engineering Consultant Metropolitan West Digital Printing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.19238993
    Latitude
    33.76854381

    Nearby Similar for Sale

    • New
      $3,999,000
      5,218 SF

      Renovated Quadplex Near Belmont Shore

      Extensively renovated quadplex near the beach and Belmont Shore.
      3626 E 1St St, Long Beach, CA 90803
      View Details
    • $3,995,000
      19,195 SF

      Versatile Church Property in Long Beach

      1.7-acre property with sanctuary, gym, school/commercial kitchen, and ample parking.
      6698 Orange Ave, Long Beach, CA 90805
      View Details
    • $1,550,000
      2,378 SF

      California Heights Duplex: Designer Sophistication

      Timeless California bungalows blending period architecture with refined, modern design.
      3580 Gundry Ave, Long Beach, CA 90807
      View Details
    • $2,700,000
      9,200 SF

      Long Beach Commercial Investment Property

      Commercial property with retail spaces and potential for additional development.
      208 W Anaheim St, Long Beach, CA 90813
      View Details
    • $7,440,000
      56,690 SF

      Long Beach Multifamily Investment Opportunity

      Well-maintained 28-unit multifamily property near freeways and downtown Bixby.
      3430 Elm Ave, Long Beach, CA 90807
      View Details
    • $2,045,000
      4,600 SF

      Remodeled Long Beach Townhouse-Style Quadplex

      Fully remodeled 4-unit townhouse-style property in Long Beach, CA.
      1144 Stanley Ave, Long Beach, CA 90804
      View Details
    • $1,185,000
      1,536 SF

      Restored Craftsman Duplex in Long Beach

      Meticulously restored Craftsman duplex with modern amenities and investment potential.
      4027 E 11Th St, Long Beach, CA 90804
      View Details
    • $999,000
      1,490 SF

      Charming Duplex in Long Beach

      Duplex with modern upgrades, private patios, and garage.
      2701 E 17Th St E, Long Beach, CA 90804
      View Details
    • $1,250,000
      3,164 SF

      East Long Beach Commercial Property

      Commercial property in East Long Beach with high accessibility.
      3535 E 7Th St, Long Beach, CA 90804
      View Details
    • $899,999
      3,134 SF

      Versatile Mixed-Use Commercial Property

      Mixed-use commercial property with flexible space in Long Beach.
      5239 Atlantic Ave, Long Beach, CA 90805
      View Details
    • New
      $775,000
      Pending

      Craftsman Duplex in East Arts

      Updated Craftsman duplex in Long Beach's East Arts Village.
      521 Olive Ave, Long Beach, CA 90802
      View Details
    • $850,000
      1,360 SF

      Charming Duplex in North Long Beach

      Renovated duplex with bonus room and growth opportunity.
      1430 E Michelson St, Long Beach, CA 90805
      View Details

    FAQs

    What type of property is this?
    Restaurant - Downtown Long Beach mixed-use building, redevelopment opportunity.
    Where is this restaurant located?
    The property is located at 130 Pine Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: 130 Pine Avenue, Long Beach, CA 90813, APN 7280-027-008; ±28,368 SF building on ±7,521 SF lot (±0.17 acres); No on-site parking; nearby monthly parking available
    Request Owner's contact information
    130 Pine Ave Long Beach, CA 90802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    130 Pine Ave
    Long Beach, CA 90802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    130 Pine Ave Long Beach, CA 90802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.