1990 Pacific Ave Long Beach, CA 90806-5322
This exceptional 6,750 square foot commercial land parcel, located at 1990 Pacific Avenue in Long Beach, California (APN 7209-020-004), presents a compelling investment opportunity. Priced at $1,000,000, this property boasts a highly desirable location, strategically positioned between the 710 and 405 freeways, ensuring excellent accessibility and high visibility. The site benefits from an estimated 25,000 average annual daily traffic (AADT), maximizing exposure for any development. Zoned LBCNP, the property allows for a wide variety of uses, including potential for live/work units and professional services such as medical or dental offices. Its proximity to Long Beach Medical Center and St. Mary Medical Center further enhances its appeal. The site is also conveniently located near major transit, including numerous bus stops and the PCH light rail station, catering to diverse commuting options. This prime corner lot offers significant potential for development and represents an excellent opportunity for owner-users or investors seeking a high-traffic location in a thriving area of Long Beach. While a building of approximately 1,239 square feet currently exists on the property, it is 100% vacant, providing a blank canvas for redevelopment or repurposing. Prospective buyers are advised to conduct their own due diligence with city authorities to verify zoning details.
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
LBCNP · 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.