757 Pacific Ave Long Beach, CA 90813-4235
This exceptional Long Beach commercial property offers a rare opportunity to lease a versatile space in a prime downtown location. The property, situated at 757 Pacific Avenue, boasts a total of 3,772 square feet across two buildings, separated by a breezeway. The larger building encompasses approximately 3,300 square feet, while the smaller building offers an additional 500 square feet. The property features a flexible floor plan, adaptable to various business needs, previously utilized as a medical office. Four bathrooms are conveniently located within the main building. The 0.344-acre lot (14,993 square feet) includes a valuable asset: a private parking lot with 28 spaces. Built in 1939, this single-tenant space is zoned LBPD30 and offers 200-volt power. Tenant improvements are required. The property's ideal location near public transit in a walkable neighborhood, bordering the Historic District, provides excellent accessibility and visibility. The owner is seeking a long-term tenant committed to a minimum 5-10 year lease with an option to renew. Property taxes are $3.71 per square foot. No elevators are present. The cross street is 8th Street, and the APN is 7272020047. This unique property is perfect for a business seeking a prominent downtown Long Beach presence with ample parking.
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
LBPD30 · Long Beach, CACosts & 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.