Technical
Financial
Distress signals
Property profile

421 W Broadway Long Beach, CA 90802

FOR LEASE
Investment properties
Property ID
US10-0087044
371,538 SF 3.53 ac lot Built 2010
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard
421 W Broadway, Long Beach, CA 90802 For Lease
Contact for pricing 1,567 SF available
421 W Broadway, Long Beach, CA 90802
View Listing →

Property summary

AI-generated overview

This exceptional retail opportunity is located at 421 W. Broadway in Long Beach, California, within the vibrant Gallery 421 mixed-use building. The property offers two available spaces, ranging from approximately 1,506 to 1,567 square feet, totaling approximately 2,837 square feet of ground floor retail space in a Class B building constructed in 2010. The building sits on a substantial 617,114 square foot lot and is zoned LBPD30. The Los Angeles County property (APN 7280-024-022) is part of a five-story building featuring 291 luxury apartment units, ensuring a built-in customer base. Ample on-site parking is provided, with a generous ratio of four spaces per 1,000 square feet of retail area. This prime location in Downtown Long Beach offers unparalleled access to a thriving urban environment, easily accessible by public transit and within a short distance of both Los Angeles and Orange County. The area boasts a walkable, bike-friendly atmosphere with numerous shops, restaurants, and attractions, all within a safe and clean community. The property's location benefits from the temperate climate and stunning ocean views of Southern California. This is an ideal opportunity for businesses seeking high visibility and access to a dense population in a desirable location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2010
Construction WOOD
Total area 371,538 SF
Lot 3.53 ac (153,884 SF)
Zoning code LBPD
APN 7280-024-022
UPID US10-0087044

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Marketing & Advertising Advertising Agency
  • Employment Agency
  • Auto Repair Shop
  • Dental Office

Location

421 W Broadway Long Beach, CA 90802
Long Beach metro Census 575902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$55.37M
Blend (final) Blend
$63.99M

Owner & transaction history

since 2018
3 recorded transactions
2025
Price N/A
2018
$124.3M
1969
Price N/A

Zoning & alternative use

LBPD · Long Beach, CA
Top alternative use upside
Retail stores $104.4M +21.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message