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1390 Newport Ave

5,000 SF 100% Leased Industrial Building Long Beach, CA 90804 $1,700,000 ($340/SF)

Investment Highlights

  • Significant potential for many visionaries with the combined vibe of eclectic retail, office, creative arts, architecture / engineering.
  • Excellent access to major transportation arteries, including the 405 and 605 freeways

Executive Summary

Offering a unique blend of commercial and industrial, this property provides significant potential for many visionaries with the combined vibe of a happening eclectic retail, office, creative arts, architecture / engineering area with the functionality of an industrial operation to achieve full utilization of both the property and the areas charm. The property is situated in the heart of Long Beach, close to “The Shore”, Belmont Shore, and Naples Canals with excellent access to major transportation arteries, including the 405 and 605 freeways, ensuring seamless connectivity to the Orange County and Greater Los Angeles area. The property currently has a mixed-use retail use allowing for varied usage scenarios, catering to both owner-users and investors.

Property Facts

Price $1,700,000
Price Per SF $340
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Flex Research & Development
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.20 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 1953
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Skylights

Utilities

  • Heating
Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7259-011-001
Land Assessment
$489,342
Improvements Assessment
$412,076
Total Assessment
$901,418

zoning

Zoning Code R2N, Long Beach (Light Manufacturing)
R2N, Long Beach (Light Manufacturing)
  • Listing ID: 33616618

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 1390 Newport Ave, Long Beach, CA 90804

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