424-457-4049
130 Pine Ave, Long Beach, CA for Sale
Loft/Creative Space - FOR SALE
1/17
null | Request Cap Rate

130 Pine Ave
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • Prime Downtown Long Beach Location
  • Mixed-Use Flexibility
  • Turnkey Restaurant Infrastructure with Liquor License
  • Value-Add and Repositioning Opportunity

OVERVIEW

Pegasus Investments Real Estate Advisory, as exclusive representative of the Seller, is pleased to present the fee simple interest in a ± 35,065 SF mixed-use office and retail property located at 130 Pine Avenue in Downtown Long Beach, California (the “Property”). The Property is situated along Pine Avenue, the city’s primary entertainment and commercial corridor, and within proximity to the Long Beach Convention Center. The building features ground-floor retail and restaurant space, including an elevator-served basement, with multiple levels of office above, allowing for a broad range of commercial uses including retail, restaurant, office, medical, and fitness. The Property includes an existing restaurant build-out with a full liquor license at the ground level, while the upper floors offer functional office layouts suitable for professional and creative users. Tuchsher Engineering Group occupies the entire third-floor office, providing in-place tenancy and income continuity. Remaining space within the building offers leasing and repositioning potential consistent with Downtown Long Beach demand and the Property’s mixed-use configuration. 130 Pine Avenue benefits from its central location within Downtown Long Beach’s established business, entertainment, and tourism district. The Property is surrounded by major demand drivers including the Long Beach Convention Center, The Pike Outlets, Aquarium of the Pacific, Fairmont Breakers Hotel, and a dense concentration of multifamily residential developments. Downtown Long Beach also serves as a key employment and transportation hub within Los Angeles County, supported by regional transit connectivity, port-related commerce, and a diverse economic base. These factors collectively support long-term tenant demand and reinforce the Property’s position as a well-located urban infill investment.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Value-Add Opportunity: Urban Mixed-Use

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,521 SF

ZONING

PD-30

APN/PARCEL ID

7280-027-008

ASK ABOUT THIS PROPERTY

Joseph DahanPegasus InvestmentsMore Info
424-457-4049

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Joseph DahanPegasus InvestmentsMore Info
424-457-4049

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