782 Pacific Ave - Office/Residential FOR SALE


Long Beach, CA 90813- Downtown Long Beach | 
$1,800,000 USD
562-354-2500
782 Pacific Ave, Long Beach, CA for Sale
$1,800,000 USD
Office/Residential - FOR SALE
1/17
null | Request Cap Rate

782 Pacific Ave
Long Beach, CA 90813
Downtown Long Beach


HIGHLIGHTS

  • ±8,001 SF prime corner lot
  • PD-30 zoning - Downtown Plan Area
  • Office or Retail Uses
  • Eight surface parking spaces
  • Qualified Opportunity Zone
  • Owner may consider a leaseback — ideal for developers planning future redevelopment

OVERVIEW

782 Pacific Ave presents a rare opportunity to acquire a highly visible commercial property in the heart of Downtown Long Beach. Situated on a prime corner lot, the property offers strong street presence, on-site surface parking, and flexible PD-30 zoning that supports a wide range of commercial and potential redevelopment uses. The property is also located within a federally designated Qualified Opportunity Zone, giving investors who reinvest capital gains through a Qualified Opportunity Fund the potential to defer and reduce federal capital gains tax liability — an added advantage on top of the site's redevelopment and Density Bonus Law upside.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$534 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Bar, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,998 SF

ZONING

PD30

APN/PARCEL ID

7273-023-005

ASK ABOUT THIS PROPERTY

Ron MgrublianLee & AssociatesMore Info
562-354-2500

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

Ron MgrublianLee & AssociatesMore Info
562-354-2500

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