Two-Story Mixed-Use Property with
New
For Sale
Contact for pricing
939 E 4th Street, Long Beach, CA 90802
Two restaurant/bar tenancies front E 4th Street, with 5 residential units upstairs.
Property Size4,000 SF
Lot Size0.06 Acres
Price / SF$398.75
Days on Market5
Property Features for 939 E 4th Street
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.06 Acres
Property subtype
Mixed Use
Building Details
Year Built
1913
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - South Bay
(562) 257-1246
Listed By:
Martin Porter · License #00861399
Source:
Crexi
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 3:23PM
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 Marcus & Millichap - South Bay
Investment Insights
Based on property information with market context.
This two-story vintage mixed-use property is approximately 4,000 sq. ft. on approximately 2,465 sq. ft. of land, built in 1913. The ground level includes approximately 2,080 sq. ft. of commercial space divided into 2 restaurant/bar tenancies that front E 4th Street. The residential portion totals approximately 1,920 sq. ft. and includes 2-1-bedroom and 1-bathroom units, plus 2-studio and 1-bathroom units, with an interior corridor.
The current ground-level tenant concept includes Stache Bar, a type-48 licensed local bar that originally opened in July 2009. In 2020, the operator expanded into the adjoining space and created Sideburns Hamburger Grill.
Located in the Alamitos Beach neighborhood, the property is adjacent to the East Village Arts District of Downtown Long Beach and adjacent to 4th Street Retro Row, a retail corridor featuring independent retailers, galleries, cafes, restaurants, salons, and creative businesses.
The current ground-level tenant concept includes Stache Bar, a type-48 licensed local bar that originally opened in July 2009. In 2020, the operator expanded into the adjoining space and created Sideburns Hamburger Grill.
Located in the Alamitos Beach neighborhood, the property is adjacent to the East Village Arts District of Downtown Long Beach and adjacent to 4th Street Retro Row, a retail corridor featuring independent retailers, galleries, cafes, restaurants, salons, and creative businesses.
Key Highlights
- Approximately 4,000 sq. ft. two‑story vintage mixed‑use building built in 1913
- Approximately 2,465 sq. ft. land area
- 2 restaurant/bar tenancies front E 4th Street with approximately 2,080 sq. ft. commercial space
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.6k | $32.40 |
| − Vacancy | −$6.7k | −$1.68 |
| EGI | $122.9k | $30.72 |
| − OpEx | −$36.9k | −$9.21 |
| NOI | $86.0k | $21.50 |
4,000 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.43M
NOI $86,003 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$1.09M
$956.2K – $1.27M
NOI $76,494 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,911 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,063
Businesses Nearby
Explore this area
Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
Market
Properties on Market for Mixed-use properties in Long Beach
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two restaurant/bar tenancies front E 4th Street, with 5 residential units upstairs.
Where is this mixed-use property located?
The property is located at 939 E 4th Street Long Beach, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Approximately 4,000 sq. ft. two‑story vintage mixed‑use building built in 1913; Approximately 2,465 sq. ft. land area; 2 restaurant/bar tenancies front E 4th Street with approximately 2,080 sq. ft. commercial space
