130 Pine Ave Long Beach, CA 90802
Property profile & analytics
130 Pine Ave Long Beach, CA 90802
- Office buildings
- 28,368 SF
- 0.17 lot acres
Property ID
US09-8238555
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- BLVD Real Estate Investment Co. / Real Estate Agency
- Out West Kitchen & Catering / Take-out & Catering / Catering Service
- Greenkai Inc. / Charitable Organization / Social Service Agency
- Tuchscher Engineering Group, Inc. / Civil Engineer / Professional Services
- Metropolitan West / Printing Service / (Bike/Boat/Book/etc) Store
Property Details for 130 Pine Ave
- Year built
- 1924
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 28,368 SF
- Zone code
- LBPD30
- Property type
- Office buildings
- APN
- 7280-027-008
- APU
- 7280027008
Description
This exceptional mixed-use building, located at 130 Pine Avenue in Long Beach, California, presents a compelling redevelopment opportunity. The 28,368-square-foot property, situated on a 7,521-square-foot lot (approximately 0.17 acres), boasts a prime location in the heart of Downtown Long Beach's Design and Entertainment District. The building, constructed in 1924 and renovated in 2019, is a four-story Class B structure with five units and currently has 25% occupancy. The property features a fully built-out restaurant space on the ground floor and three stories of turnkey creative office space above, totaling approximately 20,868 square feet. A sizable basement of approximately 7,500 square feet is also included and is elevator-served. The asking price is $5,950,000, translating to $209.74 per square foot. The property is zoned PD-30 and is offered as a fee simple ownership with a modified lease type and a 36-month lease option. While there is no on-site parking, numerous nearby parking structures offer monthly passes. This unique property is ideal for restaurant/bar operators, office users, and investors seeking a high-potential redevelopment project in a vibrant urban setting. The property's multi-tenant configuration allows for diverse income streams. The building's history and location combine to create a truly unique investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,839,000
Market price range: $5.42M - $17.1M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.192
- Latitude
- 33.7687
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$54,323
$2,368,348
$1,178,281
$3,546,629
-
$0.00
$0.00
$0.00
