129 West 5th Street

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129 West 5th Street

Long Beach, CA 90802
Asking Price
$1.90M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building located in Long Beach, California.
  • Asking price for the commercial property is $1,895,000.
  • Owner is open to carrying a First Trust Deed.
  • Financing structure requires a 35 percent down payment.
  • Asset sits within the active 90802 downtown zip code.

What's Special

This traditional office property at 129 West 5th Street in Long Beach, CA presents an acquisition for investors or owner-users seeking a presence in this coastal urban center. Positioned within the 90802 zip code, the asset benefits from the diverse economic activity of the greater Los Angeles metropolitan area, which continues to drive demand for functional workspace. The surrounding downtown district provides access to transportation infrastructure and a concentration of professional services. Prospective buyers may explore financing flexibility, as the owner is willing to carry a First Trust Deed with 35 percent down. Given the configuration, the space serves as an efficient base for various professional firms, consultancies, or boutique enterprises looking to establish a permanent office location in a high-density California market. With an asking price of $1,895,000, the asset stands as a clear opportunity for those focused on capital deployment in the local commercial sector.

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NOI
$80,000
Cap Rate
4.22%
DSCR
0.71
Underwater
Cash-on-Cash
-5.72%
Monthly Payment
$9,375.426
Annual Cash Flow
$-32,505.113

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