Long Beach Multi-Tenant Office
800 E Wardlow Rd Long Beach, CA 90807
800 E Wardlow Rd, Long Beach, CA, 90807
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For Sale
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Multi-tenant office building in California Heights neighborhood, great potential.
Property Size5,456 SF
Lot Size0.26 Acres
Price / SF$375.73
Days on Market615
Property Features for 800 E Wardlow Rd
General Information
- Standard status
- Active
- Size
- 5,456 SF
- Lot size
- 0.26 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing Agency
Coldwell Banker Commercial BLAIR
(562) 495-6070
Listed by
Sheva Hosseinzadeh · License #CA 01922147
Source
Crexi
Added: Nov 11, 2024 Checked: Jul 16 at 3:30 am
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 Coldwell Banker Commercial BLAIR
Investment Insights
Based on property information with market context.
This multi-tenanted office building, located at 800 East Wardlow Road in Long Beach, California, offers approximately 5,456 square feet of space. The property is situated across two parcels, totaling around 11,250 square feet. It is located along the Wardlow Road corridor in the California Heights neighborhood, with accessibility from Atlantic Avenue and the 405 freeway. The property is suitable for both owner-users and investors, featuring a mix of month-to-month and short-term leases. The surrounding area includes a blend of residential, industrial, and service-oriented businesses.
Key Highlights
- Prime location on Wardlow Road in the desirable California Heights neighborhood.
- Multi‑tenanted office building with approximately 5,456 square feet of space.
- Two parcels totaling approximately 11,250 square feet.
Local Financial Insights For Office B
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 | $248.8k | $45.60 |
| − Vacancy | −$63.4k | −$11.63 |
| EGI | $185.4k | $33.97 |
| − OpEx | −$46.3k | −$8.49 |
| NOI | $139.0k | $25.48 |
5,456 SF · lease $45.60/SF/yr · vacancy 25.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.99M
$1.74M – $2.32M
NOI $139,013 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,478 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Choice Medical Supplies
Medical Supply Store
Gnosis of Long Beach
Charitable Organization
A1 Junk and Haul
Waste Management Facility
American Soccer League, ...
Sports School
Sophia Neth Income ...
Tax Preparation
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FAQs
What type of property is this?
Office building - Multi-tenant office building in California Heights neighborhood, great potential.
Where is this office building located?
The property is located at 800 E Wardlow Rd Long Beach, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Prime location on Wardlow Road in the desirable California Heights neighborhood.; Multi‑tenanted office building with approximately 5,456 square feet of space.; Two parcels totaling approximately 11,250 square feet.
