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    3965 Clark Ave Long Beach, CA 90808

    For Sale
    $2,900,000

    Vacant, 35,260 SF Office Building, Owner-User Opportunity

    Property size:
    35,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a vacant, two-story office building totaling approximately 35,260 square feet, situated on a 18,790 square foot lot in Long Beach, California. Located at the northeast corner of Clark Avenue and E Lew Davis Street, this Class B building offers a unique owner-user opportunity. Built in 1955, the property is zoned I (Institutional) and is ideally positioned adjacent to Long Beach City College and Veteran's Stadium, providing high visibility and convenient access. The building's proximity to Long Beach Airport, undergoing renovations and expansion, further enhances its appeal. The surrounding area is a major commercial office/industrial district, home to prominent companies such as Boeing, Mercedes Benz, and Gulfstream Aerospace. While there is no on-site parking, the strategic location offers significant advantages. Please note that the square footage is an estimate based on available floor plans (150 ft x 125 ft per floor), and the lot size is an estimate from GIS mapping. A survey will be conducted to confirm exact measurements. The sale is contingent upon the parcel being separated from the adjacent Frontier Communications data center. At closing, two easements will be established: one along the northern property line for telecommunication lines, and another for reciprocal generators providing backup power to 4077 E Lew Davis Street. The asking price is $2,900,000, translating to $82.25 per square foot.

    Property Features for 3965 Clark Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    35,260 SF
    Class
    B

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -118.1345367
    Latitude
    33.8302278

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    FAQs

    What type of property is this?
    Office Property / Space - Vacant, 35,260 SF Office Building, Owner-User Opportunity
    Where is this office property / space located?
    The property is located at 3965 Clark Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    Request Owner's contact information
    3965 Clark Ave Long Beach, CA 90808
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    Long Beach, CA 90808
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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
    3965 Clark Ave Long Beach, CA 90808
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