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Property profile

5354 E 2Nd St Long Beach, CA 90803

FOR LEASE
Investment properties
Property ID
US09-7021166
8,808 SF 0.3 ac lot Built 1952
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Long Beach office space, located at 5354 E. 2nd St, offers 3,284 square feet of versatile commercial real estate. The property is situated in a vibrant location, boasting excellent visibility and signage potential directly on 2nd Street. Currently, there is one available space within a multi-tenant building. The space is divisible, offering flexibility for businesses of varying sizes. This presents a unique opportunity to establish a presence in a thriving area, alongside established businesses such as South of Nick’s Mexican Kitchen + Bar. The asking rate is a competitive $3.50 per square foot, plus NNN charges. The property's classification includes both retail and office uses, making it suitable for a wide range of businesses. This prime location in Los Angeles County offers excellent access to transportation networks and a strong local customer base. The space is ideal for businesses seeking a high-visibility location with ample room for growth and expansion. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a rare opportunity to secure a well-located, divisible office space in a desirable Long Beach commercial corridor. Don't miss out on this chance to establish your business in a thriving community.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1952
Construction TILT-UP CONCRETE
Total area 8,808 SF
Lot 0.3 ac (13,083 SF)
Zoning code LBCNP
APN 7245-002-001
UPID US09-7021166

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
  • Real Estate Agency
  • Advertising Agency Marketing & Advertising
  • Charitable Organization Social Service Agency

Location

5354 E 2Nd St Long Beach, CA 90803
Long Beach metro Census 577300 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.88M

Owner & transaction history

since 2025
Last sale
$9.9M
7 recorded transactions
2025
$9.9M
2025
Price N/A
2024
Price N/A
2024
Price N/A
2023
Price N/A
2022
Price N/A
2019
$5.0M

Zoning & alternative use

LBCNP · Long Beach, CA

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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