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Freestanding Building in West Long Beach

Long Beach, CA 90813 Long Beach, CA 90813

Long Beach, CA, 90813
$800,000
For Sale
Claim this Listing
$800,000

Freestanding building with fenced yard and easy freeway access.

Property Size2,800 SF
Price / SF$285.71
AddedNov 25, 2025
Days on Market233
Last RefreshJul 16 at 4:08 am

Property Features

General Information

Standard status
Active
Size
2,800 SF
Property subtype
Warehouse/Office

Building Details

Year Built
1957

Listing office

Listing date Nov 25, 2025

Source Corfac

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 Matt Stringfellow, SIOR


Investment Insights

Based on property information with market context.

This freestanding building, situated in West Long Beach at the intersection of W Cowles St and Caspian Ave, offers 2,800 square feet of space. The property features a fenced yard and provides quick access to the 710 Freeway. It includes one ground-level door and boasts a clear height of 14 feet.

Key Highlights

  • Great West Long Beach Location (Cowles St/Caspian Ave)
  • Quick Access to 710 Freeway
  • Freestanding Building

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 $76.3k $27.24
− Vacancy −$17.2k −$6.13
EGI $59.1k $21.11
− OpEx −$14.8k −$5.28
NOI $44.3k $15.83
2,800 SF · lease $27.24/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$633.3K
$554.2K – $738.9K (±1% cap)
NOI $44,333 @ 7.0% cap · market cap 5.54%
Second Best
Warehouse
$567.6K
$496.7K – $662.2K (±1% cap)
NOI $39,733 @ 7.0% cap · market cap 4.97%
Theoretical Best
Multifamily LT 5
$919.4K
$804.5K – $1.07M (±1% cap)
NOI $64,357 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

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FAQs

What type of property is this?
Warehouse - Freestanding building with fenced yard and easy freeway access.
Where is this warehouse located?
The property is located at Long Beach, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Great West Long Beach Location (Cowles St/Caspian Ave); Quick Access to 710 Freeway; Freestanding Building
Contact an agent
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