Property profile

100 Broadway Long Beach, CA 90802

OFF-MARKET
Office buildings
Property ID
US09-8238563
204,748 SF 1.18 ac lot Built 1986
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity in Downtown Long Beach presents three available suites within a 12,198 square foot building at 100 W Broadway. The property is currently 100% vacant, offering a unique chance to establish a presence in a thriving, mixed-use environment. Suites range from a minimum of 1,647 square feet to a maximum contiguous space of 8,136 square feet, providing flexibility for various business needs. The building's location is highly advantageous, situated next to the Metro Transit Mall and Civic Center, and within walking distance of the Convention Center, Pike Outlet Shops, and the Long Beach waterfront. This vibrant area boasts numerous restaurants, including popular establishments like King's Fish House and George's Greek Cafe, ensuring high foot traffic and a strong customer base. The surrounding area is characterized by newly developed mixed-use projects and a high concentration of creative professionals, anchored by a WeWork location, creating a dynamic and energetic atmosphere. This prime location offers unparalleled access to public transportation and a diverse clientele, making it an ideal investment for discerning businesses seeking a prominent presence in a rapidly growing urban center within Los Angeles County. The property is categorized as commercial retail with multiple tenancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Construction CONCRETE
Total area 204,748 SF
Lot 1.18 ac (51,365 SF)
Zoning code LBPD30
APN 7280-026-022
UPID US09-8238563

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Law Firm
  • Law Firm
  • College
  • Financial Advisor

Location

100 Broadway Long Beach, CA 90802-4431
Long Beach metro Census 576001 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.98M

Owner & transaction history

since 2015
7 recorded transactions
2018
Price N/A
2015
$35.2M
2010
Price N/A
2005
$29.1M
1997
Price N/A
1996
Price N/A
1995
$14.0M

Zoning & alternative use

LBPD30 · Long Beach, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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