1700 Hayes Ave Long Beach, CA 90806
- Manufacturing properties
- 9,102 SF
- 0.23 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 1700 Hayes Ave
- Year built
- 1988
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.23 lot acres
- Property size
- 9,102 SF
- Zone code
- LBIG
- Property type
- Manufacturing properties
- APN
- 7429-029-038
- APU
- 7429029038
Description
This exceptional single-tenant industrial property, located at 1700 Hayes Ave in Long Beach, California, presents a unique investment opportunity. The 9,102-square-foot building sits on a 19,505-square-foot lot in Los Angeles County (zip code 90806), offering ample space for manufacturing, warehousing, or distribution operations. The property boasts ceiling heights ranging from 16 inches to 18 feet, providing excellent vertical storage capacity. Recent improvements include a complete electrical system upgrade, new lighting, ceiling foil installation, fresh paint throughout, and upgraded restrooms. The property also features a 9,698-square-foot fenced and paved yard, providing additional outdoor storage or operational space. Its strategic location offers convenient access to the Ports of Long Beach and Los Angeles, making it an ideal location for businesses involved in import/export or requiring efficient logistics. The property is currently vacant, presenting an immediate opportunity for occupancy. This turnkey facility is ready for immediate use, offering a blend of modern amenities and a prime location. The property's size, features, and location make it a highly desirable asset in the competitive Southern California industrial market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,625,000
- 6.5%
- $8,725,000
- 7%
- $7,555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,355,000
- Geo Method
- $8,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,630,000
- Retail
- $7,775,000
- Mixed-Use
- $9,080,000
- Hospitality
- $8,000,000
- Educational
- $8,435,000
- Residential Income
- $8,460,000
- Energy
- $8,010,000
- Income-Based Land
- $7,690,000
- Food Service
- $9,420,000
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.218
- Latitude
- 33.7882
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA