725 E Artesia Blvd, Long Beach, CA 90805
Property Details
Overview
Property Type: Mixed-Use (Commercial/Office/Residential)
Year Built: 1960
Total Units: 5
The property at 725 E Artesia Blvd represents a unique mixed-use investment in Long Beach, CA. Built in 1960, this structure spans 5,522 square feet on a lot size of 5,853 square feet, offering a blend of commercial and residential spaces. Zoned as LBCCA, the property supports various uses, allowing investors to cater to both commercial and residential tenants. With five units, the property can generate multiple income streams, benefiting from the high demand for mixed-use spaces in the Long Beach area. The building’s design and zoning make it versatile, adaptable to the needs of different tenants, and suitable for investors seeking a diverse investment that offers flexibility in tenant mix.
Neighborhood Overview
Location: Long Beach, CA
Proximity: Close to major highways and transit routes, with easy access to downtown Long Beach and Los Angeles
Positioned in a central area of Long Beach, 725 E Artesia Blvd provides tenants with access to a thriving urban environment complemented by community amenities. The area is well-connected to greater Los Angeles, with nearby access to highways and public transportation options. This connectivity appeals to a wide range of tenants, including professionals who commute to Los Angeles and families who prefer living in a more community-oriented environment. The neighborhood offers an array of amenities, including retail centers, schools, healthcare facilities, and recreational spaces. These local resources provide convenience and enhance the quality of life for residents, while nearby commercial activity attracts business tenants who value high foot traffic and visibility.
Long Beach is experiencing ongoing economic growth, with new businesses moving in and infrastructure improvements elevating property values. Tenants benefit from the dynamic local economy and the area’s proximity to both Los Angeles and the coast. Additionally, Long Beach has a strong reputation for community engagement, with events, cultural venues, and parks that contribute to a vibrant local scene. This well-rounded environment makes 725 E Artesia Blvd an attractive property for prospective tenants, boosting its appeal to investors as well.
Investment Highlights
- Income Potential: The property’s mixed-use format allows for steady rental income from both commercial and residential tenants. As rental demand continues to grow, especially for flexible mixed-use spaces, this property offers strong income potential. Investors can further enhance income by adjusting rental strategies to meet market demands or by modernizing units to attract new tenants.
- Zoning Flexibility: With LBCCA zoning, the property supports a variety of uses, including retail, office, and residential applications. This flexibility provides options for future development or modifications, enabling investors to optimize the property for changing market conditions. This zoning also allows for adjustments in tenant mix, ensuring adaptability and relevance over time.
- Operational Efficiency: Likely equipped with separate metering for utilities, this setup simplifies management and reduces costs for the property owner. Tenants gain control over their utility usage, which can lead to increased satisfaction and long-term tenant retention. The building’s efficient design supports both individual tenants and business operations, catering to a wide range of tenant needs.
Property Features
Constructed in 1960, the property’s wood frame construction provides a solid base for continued use and potential upgrades. Although it maintains its original architecture, selective renovations could enhance its functionality and aesthetic appeal. Modernizing commercial units to suit current business trends, updating residential spaces with contemporary finishes, or adding energy-efficient features could attract a wider tenant base and increase rental value. The spacious layout allows for customization, which appeals to tenants seeking adaptable spaces for their unique needs.
With a strategic location, diverse income potential, and adaptable zoning, 725 E Artesia Blvd stands out as a compelling investment in Long Beach’s mixed-use property market. Investors seeking stability, income diversity, and long-term growth will find this property well-positioned to meet their objectives within a competitive real estate market.
For more information and to schedule a viewing, please contact:
Taylor Avakian
Founder, The Group CRE
First Vice President, Lyon Stahl