402 E 1St St

Long Beach, CA, 90802

$3,950,000

$576 per ft²
$3,950,000
$576 per ft²
Active
Active
 - For Sale
carpenters-square
6,856 ft²
property_type
Multi-family
calendar
Built 1902
We are pleased to present 402 East 1st Street in Downtown Long Beach, CA. This mixed-use retail/residential building totals 6,856 square feet of building on a 3,730 square foot signalized corner lot. The two-story property consists of three ground floor retail units and three residential units upstairs. The residential units are: one 2bed/1bath and two 1bed/1bath units. An excellent opportunity to own a trophy asset, with historic charm, at the epicenter of The East Village Arts District and within walking distance of the Long Beach waterfront.402 East 1st Street is located in the heart of The East Arts Village District of Downtown Long Beach. Also known as the Arts District of Long Beach, the East Village is a dynamic place to live, work, eat, play, shop, and appreciate art. The district is the home of the Museum of Latin American Art, an organic farmer s market every Saturday, and many art galleries, cafes, and eclectic shops. The property offers upside in rents due to the high volume of consumer driven foot traffic in Downtown Long Beach. Recently, Long Beach has been experienced a development renaissance with over $4 Billion being invested in new development. Just steps from The Westin Long Beach Hotel, a central hub for the over 6 million visitors and tourists to the Downtown Long Beach area. 402 East 1st Street offers immediate access to a broad selection of world-class dining, entertainment, and shopping destinations easily accessible by walking. Retail centers within walking distance include City Place Shopping Center, The Pike Outlets, The Promenade, and Pine Square. For entertainment and recreation Shoreline Village, Aquarium of the Pacific, Alamitos Beach and the Long Beach Convention and Entertainment Center are nearby.
MLS® ID:
21-100257
Updated:
7/3/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
3,730 ft² lot

Other Property Details

Garage
No
Parking
Other
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LBPD30

 

Courtesy of Filip Niculete, Marcus & Millichap

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ron Costa shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/3/22

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