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Property profile & analytics
OFF-MARKET Estimated value $2,045,000
Manufacturing properties

2679 Redondo Ave Long Beach, CA 90806-2324

12,496 SF 1.3 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
Property ID
US10-0443608
Property summary
AI-generated overview

Exceptional 13,000-square-foot flex space available for lease or ground lease in Long Beach, CA. This prime location boasts excellent freeway visibility on the 405 corridor (285,000+ cars per day), with direct access and proximity to the 710, 22, and 605 freeways. The property sits on a 1.3-acre lot (56,807 square feet) and features two single-story buildings constructed in 1960, offering a combined 13,000 square feet of vacant space. The high ceilings range from 12 to 16 feet, and ample parking is provided with 90 designated spaces. The property enjoys significant frontage on Redondo Avenue, a major thoroughfare with over 30,000 cars per day. The zoning is LBIM, and the APN is 7212-022-020. Property taxes are $0.33 per square foot. The building is classified as Class C. Power is to be verified by the tenant. Owner is open to ground lease proposals. This presents a unique opportunity for businesses seeking a strategic location with high visibility and convenient freeway access.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1960
Construction TILT-UP CONCRETE
Total area 12,496 SF
Lot 1.3 ac (56,807 SF)
Zoning code LBIM
APN 7212-022-020
UPID US10-0443608
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Spider Syndicates Social Service Agency Crisis Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.35M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.05M
Owner & transaction history
Bmark 2021 B28 Redondo Avenue LLC
Bmark 2021 B28 Redondo Avenue LLC
since 2026
7 recorded transactions
2026
$4.1M
2025
Price N/A
2023
Price N/A
2021
Price N/A
2019
Price N/A
2019
$4.5M
2009
$2.5M
Zoning & alternative use
LBIM · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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