727-743 Pine Ave - Storefront FOR SALE


Long Beach, CA 90813- Downtown Long Beach
$4,500,000 USD
818-823-0832
727-743 Pine Ave, Long Beach, CA for Sale
$4,500,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

727-743 Pine Ave
Long Beach, CA 90813
Downtown Long Beach


HIGHLIGHTS

  • High-Visibility 13,600 SF Storefront Retail – Ideal for an Owner-User or Investor Seeking a Prime Infill Location w/ Upside.
  • Below Replacement Cost Pricing – Offered at Just $330 Per SF
  • Prime Location: Situated Downtown Long Beach, adjacent to the Metro Blue Line, offering high walkability (Walk Score: 97 – Walker’s Paradise).
  • Repositioning or Redevelopment: All tenants are MTM | Zoned PD30, allowing for high-density multifamily development with reduced parking requirement
  • Entertainment Nearby- The Pike Outlets, Shoreline Village, East Village Arts District, Aquarium of the Pacific, and the Long Beach Convention Center
  • Strong 5-Mile Demographics – 411,000+ Residents with an Average Household Income of $101,572

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present the opportunity to acquire a 13,600-square-foot retail building on 22,521 square feet of land in a premier infill location. Offered below replacement cost at just $330 per square foot, the asset provides significant value and future upside. Currently occupied by month-to-month tenants, the site is well-positioned for repositioning or redevelopment. Fronting 106 feet on Pine Avenue and located within an Opportunity Zone, the property benefits from immediate access to transit and flexible development parameters. Just 0.5 miles from a major Metro Blue Line station, the property qualifies for reduced parking under AB 2097 and remains in substantial compliance with existing entitlements per the City of Long Beach. Located in Southern California’s vibrant coastal hub, Long Beach is a key city in the greater Los Angeles area. With access to major highways (I-405, I-710, I-605), the Long Beach Airport, and neighboring economic centers like Orange County and Downtown LA, the site enjoys excellent connectivity. This offering combines prime real estate fundamentals—location, density, visibility, and access—making it an ideal acquisition for investors and retailers looking to capitalize on Long Beach’s continued urban growth and pedestrian-driven activity.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bungalow Building - Owner-User or Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,521 SF

ZONING

PD30

APN/PARCEL ID

7273-023-007

ASK ABOUT THIS PROPERTY

Ara RostamianMarcus & MillichapMore Info
818-823-0832

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Ara RostamianMarcus & MillichapMore Info
818-823-0832

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