1434 E Broadway Long Beach, CA 90802
For Sale
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This exceptional 3,311 square foot mixed-use property, located at 1434 E Broadway in Long Beach, California, presents a unique investment opportunity. Built in 1917, this single-story Class C building sits on a desirable corner lot in the heart of Alamitos Beach, at the signalized intersection of Broadway and Falcon. Currently vacant and ready for immediate occupancy, the property is zoned for a variety of uses, making it ideal for owner-users. The interior is currently in a mid-demolition phase, offering a blank canvas for customization. The asking price is $850,000, translating to $256.72 per square foot. Previous uses include a bar, creative office space, and restaurant, suggesting a versatile layout adaptable to various professional needs. The property's prime location in a thriving Long Beach neighborhood, combined with its flexible zoning and vacant status, makes it an attractive proposition for a wide range of businesses. This is a chance to acquire a value-add property with significant upside potential in a highly sought-after area of Los Angeles County (zip code 90802). The property's location on a busy corner offers excellent visibility and accessibility. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LBR4R · Long Beach, CALong Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.