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530 4Th St Long Beach, CA 90802

For Sale
$1,400,000

Long Beach Mixed-Use Development Potential

Property size:
8,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This 8,000 square foot, Class B, mixed-use property at 530 E 4th St, Long Beach, CA 90802, offers significant redevelopment potential. Located in the heart of downtown Long Beach, this rare corner lot (4,001 sq ft) sits in an Opportunity Zone and is zoned LBPD 30, allowing for diverse uses including retail, live/work, and multifamily. The existing building, constructed in 1922, presents an adaptive reuse opportunity for an owner-user or investor seeking to capitalize on the rapidly growing Long Beach coastal downtown submarket. The asking price is $1,400,000 ($175/sq ft), with a land value of $399.90/sq ft. The property's versatility and prime location make it an exceptional investment opportunity. The single unit building provides flexibility for various development scenarios, allowing for the repositioning of existing improvements and potential on-site income generation during the entitlement process. This is a unique chance to acquire a strategically located asset in a thriving urban environment.

Property Features for 530 4Th St

General Information

Property type
Multifamily properties
Square Feet
8,000 SF
Class
B

Building Details

Year Built
1922
Units
1

HighLights

  • $1,400,000 asking price for an 8,000 square foot mixed‑use building in Long Beach, CA.
  • Located at 530 E 4th St, Long Beach, CA 90802, a rare corner lot in the core downtown area.
  • LBPD 30 zoning allows for retail, live/work, and adaptive reuse; suitable for owner‑occupancy or redevelopment.
  • Situated in an Opportunity Zone.
  • 4,001 square foot lot, priced at $399.90/SF.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
-118.18573698104
Latitude
33.771691104412

FAQs

What type of property is this?
Multifamily property - Long Beach Mixed-Use Development Potential
Where is this multifamily property located?
The property is located at 530 4Th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: $1,400,000 asking price for an 8,000 square foot mixed-use building in Long Beach, CA.; Located at 530 E 4th St, Long Beach, CA 90802, a rare corner lot in the core downtown area.; LBPD 30 zoning allows for retail, live/work, and adaptive reuse; suitable for owner-occupancy or redevelopment.
More about this property
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