456 Elm Ave Long Beach, CA 90802
- Office buildings
- 25,129 SF
- 0.17 lot acres
Current Use by Public Records
- Helen I Liovin Md / Psychiatrist
- Dr. Katarina M. Tasic, MD / Doctor
- Hanft Alan C MD / Psychiatrist
- Fedovskiy Kaney J MD / Psychiatrist
- The Dining Project / Fine Dining Restaurant
Property Details for 456 Elm Ave
- Year built
- 1942
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 25,129 SF
- Zone code
- LBPD30
- Property type
- Office buildings
- APN
- 7281-007-042
- APU
- 7281007042
Description
This exceptional Long Beach, California retail opportunity, located at 456 Elm Ave, 90802, presents two available spaces within the Partake Collective. The Partake Collective is a unique concept designed to optimize restaurant operations, minimizing overhead while maximizing profitability through both takeout and dine-in services. Situated in Los Angeles County, this property offers a total of 25,000 square feet of building space. The available suites range in size from 200 square feet to 750 square feet, providing flexibility for various culinary businesses. The property's classification as a retail space with subtypes including ghost kitchen, commercial kitchen, and prep kitchen, makes it ideal for food-related ventures seeking a cost-effective and efficient operational model. The multiple tenancy structure allows for a diverse and vibrant culinary community. This location in Long Beach offers excellent access to a large customer base and presents a compelling investment opportunity for food entrepreneurs. The property is conveniently located at 33.77277021596154 latitude and -118.18765897933464 longitude. This is a rare chance to establish a presence in a thriving culinary hub with built-in infrastructure and support.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $95,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $115,000
- 6.5%
- $115,000
- 7%
- $115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $115,000
- Geo Method
- $115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $120,000
- Retail
- $140,000
- Mixed-Use
- $125,000
- Hospitality
- $120,000
- Educational
- $115,000
- Residential Income
- $140,000
- Energy
- $115,000
- Income-Based Land
- $110,000
- Food Service
- $130,000
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.187
- Latitude
- 33.7727
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
