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Financial
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Property profile

1957 Pacific Ave Long Beach, CA 90806

FOR SALE
Medical Office Space
Property ID
US09-7912709
11,396 SF 0.37 ac lot Built 1948
Last sale Mar 2026 · $5,500,000
Individually Owned Owner of record is an individual. 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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1957 Pacific Ave, Long Beach, CA 90806 For Sale
$3,750,000 11,396 SF
1957 Pacific Ave, Long Beach, CA 90806
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Property summary

AI-generated overview

This 11,396-square-foot mixed-use building in Long Beach, CA, presents a unique investment opportunity. Located at 1957 Pacific Avenue, this vacant property boasts retail zoning, industrial/warehouse components, and significant cannabis-related approvals. Previously a police station and cannabis dispensary, the building offers versatile potential for various uses, including cultivation, manufacturing, and distribution of non-retail cannabis products. The sale includes grandfathered zoning for…

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?
$30k
Tax billed · 2024
Assessed value$2.12M
Assessed land$1.19M
Assessed improvement$926k
Effective rate1.42%

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$425k
NOI build-up
Gross scheduled income$297k
Vacancy & credit loss−$21k
Operating expenses−$83k
NOI · 5.16% cap applied$193k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,294/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$250 – $2,126
Qualifying comparables4

Cap rate analysis

How does the asset earn?
5.16%
$193k 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?
LBCNP
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.1
Law Firm31.4
Parking Facility13.6

Location

1957 Pacific Ave Long Beach, CA 90806
County assessor Recorded deeds · 19 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2785 Pacific, Long Beach, CA 90806-2640 $1,200,000 Jan 2025 3,464 SF
701 28th, Long Beach, CA 90806-2759 $21,750,217 May 2023 34,800 SF
790 Willow, Long Beach, CA 90806-2703 $3,275,032 Mar 2023 8,272 SF
2977 Redondo, Long Beach, CA 90806-2445 $8,480,084 Jun 2022 10,050 SF
2355 Pacific, Long Beach, CA 90806-6700 $109,000 Mar 2022 3,809 SF
2800 Pacific, Long Beach, CA 90806-1468 $1,322,013 Dec 2018 4,335 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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