121-137 West 5th Street FOR SALE


Long Beach, CA - Downtown Long Beach
$5,225,000 USD
562-317-6136
, Long Beach, CA for Sale
$5,225,000 USD
FOR SALE
1/31
null | 5.7% Cap Rate

121-137 West 5th Street
Long Beach, CA
Downtown Long Beach


HIGHLIGHTS

  • Investment and owner/user opportunity for a three-building mixed-use project in Downtown Long Beach (DTLB) at 121-137 West 5th Street.
  • Enjoy walkability and transit access via connections to the Metro Blue Line, bike-friendly streets, and easy access to Southern California freeways.
  • Available for purchase as a portfolio or individually, this 17,515-square-foot asset has three (3) commercial and nine (9) residential units.
  • Seek out a cultural and entertainment host spot near The Pike Outlets, Convention Center, Queen Mary, and popular dining destinations.
  • Locate business in one of SoCal's most dynamic business districts, offering a thriving business hub of Fortune 500 Companies, start-ups, and retail.
  • Tap into a growing residential market of over 27,000 residents with ongoing high-density developments increasing demand for commercial space.

OVERVIEW

121-137 West 5th Street is a unique three-building, 17,515-square-foot mixed-use project that offers a rare purchase opportunity in the heart of Downtown Long Beach’s Entertainment District. Ideal for investors and/or owner/users seeking a flagship presence or well-located real estate, the offering provides unmatched potential for businesses looking to establish themselves in a dynamic, high-traffic environment. The properties may be purchased individually or together. Tenants and visitors benefit from convenient free two-hour parking in nearby city parking structures, as well as immediate access to a vibrant mix of surrounding businesses and amenities. The area fosters a dynamic, synergistic environment where both startups and established companies can thrive, with proximity to popular dining, entertainment, and lifestyle destinations, including Sonoratown, Midnight Oil, Altar Society Brewing, Broken Spirits Distillery, BO-Beau, ISM Brewing, Recreational Coffee, Yoga 108, and Butterscotch LBC. The neighborhood’s cultural appeal is further enhanced by nearby hospitality and tourism destinations, including the Queen Mary, the Long Beach Convention Center, and major hotels and event venues. Downtown Long Beach is experiencing significant growth driven by new residential and mixed-use developments adding thousands of units, adaptive reuse projects transforming historic buildings into modern, high-demand spaces, and transit-oriented initiatives improving connectivity and accessibility. Supported by strong demand for commercial real estate and a thriving local economy, 121-137 West 5th Street offers an exceptional opportunity for businesses seeking a high-visibility presence in one of Southern California’s most active urban environments.

ASK ABOUT THIS PROPERTY

Noël AguirreLee & Associates - Los Angeles/Long Beach, Inc.More Info
562-317-6136

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Noël AguirreLee & Associates - Los Angeles/Long Beach, Inc.More Info
562-317-6136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.