For Sale
Property summary
The property is a triplex located on South Street in Long Beach, built in 1959 and renovated in 2018. It contains approximately 5,500 square feet and provides gated parking for 6 vehicles. The site has about 96 feet of frontage on South Street with signage potential, and it falls under zoning LBCNR–MFR, which allows for up to 5x density residential units (up to 11 units) and also provides the possibility of using the existing building for conversion into approximately 5–7 units (including a storefront retail/residential subtype). The existing configuration includes two identified units (A and B), each with 2 bedrooms and 1 bathroom, with access from the street and parking areas; the status/layout of Unit C is not specified. The property is positioned for multiple potential uses, subject to City review, including residential uses, apartments, retail/storefront, institutional uses such as a church or ministry, and other uses such as skilled nursing, call center, or warehouse-related uses. Nearby mobility metrics include a bike score of 78, a walk score of 77, and a transit score of 39.
Property profile
VerifiedCap rate & NOI
Current use
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Photography Service (Bike/Boat/Book/etc) Store
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Photography Service (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Long Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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