Financial
Distress signals
Property profile

402 1st St Long Beach, CA 90802

OFF-MARKET
Other investment properties
Property ID
US09-6872800
6,856 SF 0.09 ac lot Built 1902
Last sale Jun 2025 · $2,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story mixed-use building totaling 6,856 square feet, situated on a 3,730-square-foot signalized corner lot at 402 E 1st St in Downtown Long Beach. The ground floor is configured as three retail units, and the upper level contains three residential units: one two-bedroom, one-bath unit and two one-bedroom, one-bath units. The property is located near the Long Beach waterfront and within walking distance of local destinations including the Westin Long Beach Hotel, City Place Shopping

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$2.49M
Assessed land$1.10M
Assessed improvement$1.39M
Effective rate1.43%

Value estimate

· Sep 2026
$2.41M
$2.17M – $2.65M
CAP approach$1.84M
Sales comparison$2.50M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$232/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$142 – $365
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LBPD30
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store11.6
Daycare Center8.7
Tanning Salon8.3

Location

402 1st St Long Beach, CA 90802-4986
County assessor Recorded deeds · 12 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
154 Elm, Long Beach, CA 90802 $1,620,000 Feb 2025 7,500 SF
619 Pne, Long Beach, CA 90802-1331 $825,000 Jul 2024 5,482 SF
1909 4th, Long Beach, CA 90802-3816 $1,550,000 Nov 2023 7,984 SF
408 1st, Long Beach, CA 90802-4952 $485,000 Apr 2023 7,978 SF
1431 Broadway, Long Beach, CA 90802-4033 $1,550,015 Nov 2022 6,144 SF
643 Broadway, Long Beach, CA 90802-5125 $645,000 Oct 2021 7,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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