Long Beach, California Commercial Real Estate Market Report

The Long Beach commercial real estate market currently features 199 active listings on Commrty. The inventory is heavily concentrated on sales opportunities, with 194 properties listed for sale and only 5 available for lease. All 199 of these listings have entered the platform within the last 90 days, while no new listings have been added in the most recent 30-day period. Reflecting a quiet period for deal closures, only 2 properties have been marked as sold or leased in the last 180 days across the marketplace. Long Beach maintains a diverse economic base driven by its significant port operations and regional logistics sectors. The pricing for properties listed for sale on Commrty ranges from $3 million to $29 million, with the median asking price among the 148 listings that disclose data resting at $1.7 million. For investors evaluating potential returns, the median advertised cap rate for current listings is 5.50%. These figures provide a baseline for market participants looking to compare pricing expectations against broader regional benchmarks within this coastal California city. The composition of available properties is dominated by multifamily assets, which account for 155 of the total listings. The remaining inventory is divided among 21 retail properties, 7 industrial sites, 7 office spaces, 4 parcels of land, 3 mixed-use buildings, and 2 special purpose facilities. This distribution caters to a range of investment strategies, from residential redevelopment and urban housing to the industrial logistics and retail businesses that serve the local population. Investors may utilize these active listings on Commrty to gauge current market entry points and property availability across the diverse property types in Long Beach.