Financial
Distress signals
Property profile

120 3Rd St Long Beach, CA 90802

FOR LEASE
Office buildings
Property ID
US09-9019206
2,500 SF 0.03 ac lot Built 1914
Last sale Jan 2022 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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

Located in Long Beach, Los Angeles County, this exceptional office space offers a diverse range of solutions to meet your business needs. Whether you require a private, fully furnished office for a single employee or a large team, a collaborative coworking environment, or simply a convenient meeting room, this location provides adaptable options. Tailored office spaces can accommodate teams of any size, from one to over 100 desks, with customizable layouts to perfectly suit your company's

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?
$20k
Tax billed · 2024
Assessed value$1.51M
Assessed land$520k
Assessed improvement$988k
Effective rate1.34%

Value estimate

· Sep 2026
$955k
$860k – $1.05M
AI approach$1.13M
CAP approach$1.05M
Sales comparison$1.51M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$354/SF
Submarket average, outlier-cleaned · 131 recorded sales of this use type
Observed band · Q1–Q3$191 – $604
Qualifying comparables16

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 Store10.6
Daycare Center9.2
Tanning Salon8.2

Location

120 3Rd St Long Beach, CA 90802
County assessor Recorded deeds · 11 transfers 16 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
425 4th St Ste, Long Beach, CA 90802-2569 $1,395,000 Mar 2025 1,776 SF
333 Broadway, Long Beach, CA 90802-4439 $530,000 Sep 2024 1,350 SF
400 Ocean Blvd, Long Beach, CA 90802-8172 $820,000 Sep 2024 1,386 SF
530 Ocean, Long Beach, CA 90802-5001 $1,536,015 May 2022 3,612 SF
302 Cherry, Long Beach, CA 90802 $310,000 Mar 2019 2,614 SF
434 Broadway, Long Beach, CA 90802-4906 $2,225,022 Dec 2018 5,200 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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