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1470-1472 Cota Ave 10,000 SF Vacant Industrial Building Long Beach, CA 90813 $2,627,247 CAD ($262.72 CAD/SF) 6.61% Cap Rate
Investment Highlights
- Lowest $/SqFt Industrial Space in the Long Beach area
- Also zoned for cannabis cultivation
- Easy access to freeways and Ports of Long Beach and Los Angeles
Executive Summary
Industrial Building - REO Priced to Sell
Excellent opportunity for the right value add investor or owner user. Property is comprised of 2 units at 4,000 square feet each, plus an enclosed 2,000 sq ft mid section. Building was recently taken back REO is in need of some repair. Currently occupied by the existing tenants who are operating auto body repair shops. Tenants may be interested in staying in given longer term leases. Located in the Long Beach Green Zone for buyers interested in cannabis cultivation.
Excellent opportunity for the right value add investor or owner user. Property is comprised of 2 units at 4,000 square feet each, plus an enclosed 2,000 sq ft mid section. Building was recently taken back REO is in need of some repair. Currently occupied by the existing tenants who are operating auto body repair shops. Tenants may be interested in staying in given longer term leases. Located in the Long Beach Green Zone for buyers interested in cannabis cultivation.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$220,274
|
$22.03
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$220,274
|
$22.03
|
| Taxes |
$32,839
|
$3.28
|
| Operating Expenses |
$13,835
|
$1.38
|
| Total Expenses |
$46,673
|
$4.67
|
| Net Operating Income |
$173,600
|
$17.36
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $220,274 |
| Annual Per SF | $22.03 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $220,274 |
| Annual Per SF | $22.03 |
| Taxes (CAD) | |
|---|---|
| Annual | $32,839 |
| Annual Per SF | $3.28 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $13,835 |
| Annual Per SF | $1.38 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $46,673 |
| Annual Per SF | $4.67 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $173,600 |
| Annual Per SF | $17.36 |
Property Facts
| Price | $2,627,247 CAD | Lot Size | 0.30 AC |
| Price Per SF | $262.72 CAD | Rentable Building Area | 10,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 6.61% | Year Built | 1946 |
| Sale Condition | REO Sale | Parking Ratio | 0.6/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | ||
| Zoning | LBIG - GREEN ZONE | ||
| Price | $2,627,247 CAD |
| Price Per SF | $262.72 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.61% |
| Sale Condition | REO Sale |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.30 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Parking Ratio | 0.6/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LBIG - GREEN ZONE |
Amenities
- Fenced Lot
- Yard
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7432-005-067 | Total Assessment | $3,474,552 CAD |
| Land Assessment | $1,812,159 CAD | Annual Taxes | $32,839 CAD ($3.28 CAD/SF) |
| Improvements Assessment | $1,662,393 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
7432-005-067
Land Assessment
$1,812,159 CAD
Improvements Assessment
$1,662,393 CAD
Total Assessment
$3,474,552 CAD
Annual Taxes
$32,839 CAD ($3.28 CAD/SF)
Tax Year
2026
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Century City Realtors
1470-1472 Cota Ave
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