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Property profile

129 W 5Th St Long Beach, CA 90802

FOR SALE
Retail space
Property ID
US10-0433377
5,050 SF 0.12 ac lot Built 1942
Last sale Oct 2004
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A classic mid-century, two-story commercial storefront building with an existing interior build-out. The property contains approximately 10,000 square feet of above-grade space and an additional approximately 5,000 square feet of basement. Interior areas are configured with a lobby, multiple rooms, a kitchen, and restrooms, supporting retail, office, or service-oriented uses. The building is located near Pine Avenue, just west of the East Village Arts District, and is about one mile from the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$120k
Assessed land$99k
Assessed improvement$21k
Effective rate3.42%

Value estimate

· Oct 2026
$340k
$306k – $374k
Submarket $/SF estimate$674k
NOI build-up
Gross scheduled income$252k
Vacancy & credit loss−$16k
Operating expenses−$71k
NOI · 9.19% cap applied$165k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$281/SF
Submarket average, outlier-cleaned · 215 recorded sales of this use type
Observed band · Q1–Q3$133 – $443
Qualifying comparables19

Cap rate analysis

How does the asset earn?
9.19%
$165k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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
Tanning Salon8.2
Daycare Center7.6

Location

129 W 5Th St Long Beach, CA 90802
County assessor Recorded deeds · 1 transfer 19 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
340 4th, Long Beach, CA 90802-2403 $285,000 Jul 2024 6,968 SF
1434 Broadway, Long Beach, CA 90802-4032 $900,009 Feb 2022 3,311 SF
530 4th, Long Beach, CA 90802-2501 $2,600,026 Dec 2021 8,000 SF
433 Pne, Long Beach, CA 90802-2321 $2,510,025 Jun 2019 5,880 SF
555 Pne, Long Beach, CA 90802-2304 $48,900,489 Mar 2019 8,150 SF
627 Magnolia, Long Beach, CA 90802-1289 $3,250,032 Dec 2018 8,788 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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