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402 E 1st Street, Long Beach, CA 90802

Commercial property · 2 recorded sales since 2015

402 E 1st Street, Long Beach, CA 90802 Sold July 2019 CRMLS
$2,325,000Sold July 2019

Listing Agent: J. Steven Warshauer (DRE #00499477) · Listing Office: Coldwell Banker Commercial · Contact: 562-495-6070 · Bought with: George Bustamante · Coldwell Banker Commercial · MLS #PW18296173 · Source: CRMLS

6,856
Building Sq Ft
6
Units
4.94%
Cap Rate
$128,076
NOI
3,730 sqft
Lot Size
1902
Year Built
PD30
Zoning
Commercial property
Type

About this commercial property

402 East 1st Street is a two story property located in the heart of East Village's high-traffic, high-density area of Long Beach. The building totals approximately 6,856 square feet on approximately 3,730 square feet of land. The subject property is a mixed use development with three ground floor retail spaces and three residential units located on the second floor. Its just steps to The Westin Long Beach Hotel, a central hub for the over 6 million visitors and tourists to the Downtown Long Beach area.

Listing description from the July 2019 sale, as reported to CRMLS.

Sale history

$2,325,000
Sold July 2019 · listed $2,595,000, orig. $2,950,000, on market December 2018 · MLS #PW18296173 · Source: CRMLS
Listing Agent: J. Steven Warshauer · Listing Office: Coldwell Banker Commercial · Contact: 562-495-6070 · Bought with: George Bustamante · Coldwell Banker Commercial
$2,100,000
Sold December 2015 · listed $2,385,000, on market July 2015 · MLS #PW15160069 · Source: CRMLS
Listing Agent: Becky Blair · Listing Office: Coldwell Banker Commercial · Contact: 562-495-6070 · Bought with: Becky Blair · Coldwell Banker Commercial
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