Industrial Property for Sale in Long Beach, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Long Beach, CA 90804
  • Year built: 1960

Description

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire 2180 Temple Avenue & 2880 Hill Street in Long Beach, California (“The Property”).? The offering consists of a masonry-constructed industrial asset totaling approximately 48,191 square feet of highly functional warehouse space—well-suited for owner-users seeking a strategic foothold in one of Southern California’s most supply-constrained infill markets.? Positioned atop Signal Hill, the Property offers excellent access, visibility, and functionality, with immediate connectivity to the 405 and 710 Freeways and close proximity to the Long Beach Airport, as well as the Port of Los Angeles and Port of Long Beach—making it ideal for logistics, distribution, and operational users.? For owner-users, the Property presents a rare opportunity to control occupancy in a high-barrier-to-entry market while benefiting from in-place income and future flexibility.? Approximately 25% of the building is currently leased through August 2028, providing stable cash flow to offset carrying costs, while still allowing a user to occupy the majority of the space immediately or grow into the asset over time.? The configuration supports both single-tenant and multi-tenant use, offering optionality to scale operations or maintain supplemental income. Investment Highlights: • Ideal Owner-User Opportunity • Immediate Usability With Income Offset: 76% of the building available for near-term occupancy, with ~24% leased through August 2028 • Flexible Configuration: Supports both single-tenant and multi-tenant use • Premier Infill Location: Situated atop Signal Hill with excellent visibility and quick access to the 405 and 710 Freeways

Market Context

This industrial in Long Beach, CA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1960. It has been on the market for 52 days. Compare it against other industrial listings for sale in Long Beach, CA — <a href="/search/sale/industrial/california/long-beach">view the full market</a>.

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