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This is an incredible investment opportunity to purchase a prime mixed-use landmark building in Long Beach with huge cash flow potential. Property is located in the heart of the Retro Row Corridor consisting of (1) retail/commercial space encompassing approx. 4,200 square feet and (1) 3 Bed / 1 Bath residential unit in the back over (4) on-site garages. The current owner operates the local staple "Ashley's on 4th Restaurant & Bar" in the 4,200 SF space and rents the rear 3 bed / 1 bath residential unit for $2,000/mth. Owner also leases the parking lot across the street (16 spaces) for $1,000/mth located at 1720 E 4th Street, which can be assigned to the Buyer. Per the Seller, industrial A/C & refrigeration units are newer, roughly 90% of electrical has been upgraded, new sewer line 8 years ago and has 100% copper plumbing. Great opportunity for a Buyer to make some capital improvements and re-rent the retail & residential units at market rents to increase cash flow.
Listing agent: Andrew McAllister DRE #01946829 drew@nrecommercial.com, Listing office: Nationwide Real Estate Execs
MLS data updated 10/19/2026, 8:17:02 AM PT
Source: CRMLS, MLS #: RS17202002
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 2, 2018
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90802 · Oct 2026
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