1028 East 21st Street
1028 East 21st Street
$1,512,560
1
2
4,144
4,144
$365
Description
THE PROPERTY: DWG Capital Group is pleased to present For Sale or For Lease, a 4,144 sf Industrial building close to the Port of Long Beach and the Long Beach Airport. The building sits on a 4,201 sf (0.10 acre) lot, perfect for supporting shipping/receiving, indoor storage, manufacturing, or distribution. The impressive property features a recently updated bowtruss ceiling, a fresh coat of interior and exterior paint, as well as two roll-up door drive ins (12'w x 10'h). The site is an excellent...THE PROPERTY: DWG Capital Group is pleased to present For Sale or For Lease, a 4,144 sf Industrial building close to the Port of Long Beach and the Long Beach Airport. The building sits on a 4,201 sf (0.10 acre) lot, perfect for supporting shipping/receiving, indoor storage, manufacturing, or distribution. The impressive property features a recently updated bowtruss ceiling, a fresh coat of interior and exterior paint, as well as two roll-up door drive ins (12'w x 10'h). The site is an excellent opportunity for an owner/user to establish a new creative office. THE MARKET: Long Beach is a coastal city that offers more than just a port complex. The port complex is a major industry driver and the Southern California port complex handles nearly one-third of all U. S. cargo volume. The proximity to the Southern California port complex drives a significant portion of tenant demand. That demand, coupled with a strong manufacturing base in Southern California, supports strong market fundamentals. Vacancy rates are historically low at 4.2% and market grent growth is up to approximately $20-25/SF pulling cap rates down to an average of 4% and approximately $400/SF. Sales activity in recent quarters has been strong and demonstrates ample investor demand for industrial properties in the area. THE LOCATION: Long Beach is a coastal city that offers more than just a port complex. It is the second-largest city in Los Angeles County by population and has a vibrant downtown area that is connected to the region's Metro light rail system. The downtown area has a large convention center, significant multifamily and hotel development, and retail attractions that draw from across the metro. Nevertheless, the port complex is a major industry driver and the Southern California port complex handles nearly one-third of all U. S. cargo volume.
- Listed by John 'Judd' Dunning • DRE #01520854 • Brokerage DRE #01520854 • John Barker Dunning
Property Details for 1028 East 21st Street
Water Front
None
ZoningLBR1N
StyleModern
Parcel Number7210022002
Total Units1.0
Living Area4144
Source Living AreaSurvey
AreaPoly High (9)
Location
LISTING UPDATED: 04/24/2024 12:01 PM
Property Details for 1028 East 21st Street
Status | Active |
---|---|
MLS # | 23-330187 |
Days on Market | 179 |
Rental Incentives | - |
Available Date | 11/13/2023 |
Lease Term | 1+Year,6 Months,Negotiable,24 Months,1-Year,12 Months,Other |
Furnished | Unfurnished |
Compass Type | Rental |
MLS Type | Residential Lease |
Year Built | 1927 |
Lot Size | 0.10 AC / 4,202 SF |
County | Los Angeles County |
Location
Building Information for 1028 East 21st Street
Building/Complex1028 E 21st StFloor-Stories1Residences-Pet Policy-Year Built1927Lot Size0.10 AC / 4,202 SF
Property Information for 1028 East 21st Street
Property History for 1028 East 21st Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1028 East 21st Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Signal Hill Elementary School PublicK to 5 | ||
Jessie Nelson Academy Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.