Log In/Sign Up
Your email has been sent.
121-137 West 5th Street 3 Properties Offered at $7,159,295 CAD in Long Beach, CA
Matterport 3D Tour
Investment Highlights
- Investment and owner/user opportunity for a three-building mixed-use project in Downtown Long Beach (DTLB) at 121-137 West 5th Street.
- Available for purchase as a portfolio or individually, this 17,515-square-foot asset has three (3) commercial and nine (9) residential units.
- Locate business in one of SoCal's most dynamic business districts, offering a thriving business hub of Fortune 500 Companies, start-ups, and retail.
- Enjoy walkability and transit access via connections to the Metro Blue Line, bike-friendly streets, and easy access to Southern California freeways.
- Seek out a cultural and entertainment host spot near The Pike Outlets, Convention Center, Queen Mary, and popular dining destinations.
- Tap into a growing residential market of over 27,000 residents with ongoing high-density developments increasing demand for commercial space.
Executive Summary
121-137 West 5th Street is a unique three-building, 17,515-square-foot mixed-use project that offers a rare purchase opportunity in the heart of Downtown Long Beach’s Entertainment District. Ideal for investors and/or owner/users seeking a flagship presence, the offering provides unmatched potential for businesses looking to establish themselves in a dynamic, high-traffic environment. The properties may be purchased individually or together.
Tenants and visitors benefit from convenient free two-hour parking in nearby City parking structures, as well as immediate access to a vibrant mix of surrounding businesses and amenities. The area fosters a dynamic, synergistic environment where both start-ups and established companies can thrive, with proximity to popular dining, entertainment, and lifestyle destinations, including Sonoratown, Midnight Oil, Altar Society Brewing, Broken Spirits Distillery, BO-Beau, The Blind Donkey, ISM Brewing, Fingerprints Music, Recreational Coffee, Yoga 108, and Butterscotch LBC. The neighborhood’s cultural appeal is further enhanced by nearby hospitality and tourism destinations, including the Queen Mary, the Long Beach Convention Center, and major hotels and event venues.
Downtown Long Beach is experiencing significant growth driven by new residential and mixed-use developments adding thousands of units, adaptive reuse projects transforming historic buildings into modern, high-demand spaces, and transit-oriented initiatives improving connectivity and accessibility. Supported by strong demand for commercial real estate and a thriving local economy, 121-137 West 5th Street offers an exceptional opportunity for businesses seeking a high-visibility presence in one of Southern California’s most active urban environments.
Tenants and visitors benefit from convenient free two-hour parking in nearby City parking structures, as well as immediate access to a vibrant mix of surrounding businesses and amenities. The area fosters a dynamic, synergistic environment where both start-ups and established companies can thrive, with proximity to popular dining, entertainment, and lifestyle destinations, including Sonoratown, Midnight Oil, Altar Society Brewing, Broken Spirits Distillery, BO-Beau, The Blind Donkey, ISM Brewing, Fingerprints Music, Recreational Coffee, Yoga 108, and Butterscotch LBC. The neighborhood’s cultural appeal is further enhanced by nearby hospitality and tourism destinations, including the Queen Mary, the Long Beach Convention Center, and major hotels and event venues.
Downtown Long Beach is experiencing significant growth driven by new residential and mixed-use developments adding thousands of units, adaptive reuse projects transforming historic buildings into modern, high-demand spaces, and transit-oriented initiatives improving connectivity and accessibility. Supported by strong demand for commercial real estate and a thriving local economy, 121-137 West 5th Street offers an exceptional opportunity for businesses seeking a high-visibility presence in one of Southern California’s most active urban environments.
Matterport 3D Tour
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Offering Memorandum
Property Facts
| Price | $7,159,295 CAD | Number of Properties | 3 |
| Price / SF | $408.75 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.70% | Total Building Size | 17,515 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.28 AC |
| Status | Active |
| Price | $7,159,295 CAD |
| Price / SF | $408.75 CAD / SF |
| Cap Rate | 5.70% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 17,515 SF |
| Total Land Area | 0.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 121-125 W 5th St, Long Beach, CA 90802 | Multifamily | 3,600 SF | 1919 | - |
| 129-131 W 5th St, Long Beach, CA 90802 | Office | 10,000 SF | 2019 | - |
| 135-137 W 5th St, Long Beach, CA 90802 | Retail | 3,915 SF | 1923 | - |
Sale Advisors
Sale Advisors
Noël Aguirre, Principal
Noel Aguirre specializes in the sale and leasing of Creative Office, Lifestyle Retail and Adaptive Reuse Projects in the Greater Long Beach and West Orange County markets. Mr. Aguirre has over 20 years of commercial real estate experience, as well as, property/asset management and his value add approach and strong work ethic have established his exceptional reputation in the industry.
In April 2010, Mr. Aguirre joined Lee & Associates as an Associate in the South Bay. His previous years were spent at the Blair Commercial Real Estate and Eddy Properties in Long Beach, California. Mr. Aguirre gained his first few years of experience in the industry at INCO Commercial.
As a Certified Commercial Investment Member (CCIM) Candidate, Mr. Aguirre is working on his membership as a recognized expert in the disciplines of commercial and investment real estate. Upon completion, he would join an elite corps of more than 9,000 professionals who hold the CCIM designation across North America and more than 30 countries.
Strategically located on the LA/Orange County line, Mr. Aguirre represents landlord/seller and tenant/buyer clients in the South Bay, greater Long Beach and West Orange County market places. Throughout his career, he has helped clients with a variety of real estate advisory services, from tenant representation, acquisition, disposition to re-positioning of real estate assets.
In April 2010, Mr. Aguirre joined Lee & Associates as an Associate in the South Bay. His previous years were spent at the Blair Commercial Real Estate and Eddy Properties in Long Beach, California. Mr. Aguirre gained his first few years of experience in the industry at INCO Commercial.
As a Certified Commercial Investment Member (CCIM) Candidate, Mr. Aguirre is working on his membership as a recognized expert in the disciplines of commercial and investment real estate. Upon completion, he would join an elite corps of more than 9,000 professionals who hold the CCIM designation across North America and more than 30 countries.
Strategically located on the LA/Orange County line, Mr. Aguirre represents landlord/seller and tenant/buyer clients in the South Bay, greater Long Beach and West Orange County market places. Throughout his career, he has helped clients with a variety of real estate advisory services, from tenant representation, acquisition, disposition to re-positioning of real estate assets.
Sean Lieppman, CCIM, Principal
Sean M. Lieppman, a Principal at Lee & Associates – Los Angeles/ Long Beach, specializes in the sale and leasing of retail, office, and investment properties in the Los Angeles and Orange County markets. He provides clients with advisory services such as tenant/landlord representation, acquisition, disposition, and reposition of underperforming & underutilized assets.
Prior to joining Lee & Associates full-time in 2012, Sean worked in both the Santa Barbara and Long Beach offices while completing his undergraduate education at UC Santa Barbara. As a Certified Commercial Investment Member (CCIM), Sean is a recognized expert in the disciplines of commercial and investment real estate. He is among an elite group of real estate professionals that achieve the distinction internationally. His in-depth market knowledge, strong work ethic, and consistent communication strategy have proven effective for his clients.
Prior to joining Lee & Associates full-time in 2012, Sean worked in both the Santa Barbara and Long Beach offices while completing his undergraduate education at UC Santa Barbara. As a Certified Commercial Investment Member (CCIM), Sean is a recognized expert in the disciplines of commercial and investment real estate. He is among an elite group of real estate professionals that achieve the distinction internationally. His in-depth market knowledge, strong work ethic, and consistent communication strategy have proven effective for his clients.
Contacts
-
Noël Aguirre -
Sean Lieppman, CCIM -
Lee & Associates - Los Angeles/Long Beach, Inc.
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
121-137 West 5th Street
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.