Rare opportunity to acquire a ±4,200 SF multi-tenant retail/commercial building in North Long Beach located at 1401 E. South Street, Long Beach, CA 90805. The property features multiple income-producing units with short-term leases, creating an attractive value-add investment opportunity for investors, developers, and potential owner-users. Approximately ±1,600 SF is currently vacant, providing immediate upside potential for an owner-user occupant or new tenant at market rents.
Strategically positioned in a densely populated infill location near the 710 Freeway and 91 Freeway, the property offers excellent accessibility and visibility within a strong residential and commercial trade area. The flexible LBCNR zoning may potentially allow for residential conversion or mixed-use redevelopment opportunities (Buyer to verify with the City of Long Beach), making this an attractive long-term repositioning play in one of Southern California’s most supply-constrained urban markets.
The property is well suited for investors seeking stable in-place income with upside through lease-up, rental increases, redevelopment potential, or adaptive reuse. Ideal for retail, service commercial, office, creative conversion, mixed-use, or residential redevelopment concepts subject to city approval.