601 Pine Avenue, Long Beach, CA 90802

Long Beach
Local realty services provided by:ERA Excel Realty
601 Pine Avenue,Long Beach, CA 90802
$3,995,000
  • - Beds
  • - Baths
  • 42,321 sq. ft.
  • Multi-family
  • Active
Listed by: sheva hosseinzadeh
Office: coldwell banker commercial562-495-6070
MLS#:PW26228166
Source:CRMLS

Price summary

  • Price:$3,995,000
  • Price per sq. ft.:$94.4

About this home

601 Pine Avenue presents a rare value-add opportunity to acquire a substantial historic commercial property in the heart of Downtown Long Beach at an exceptionally low basis of $3,995,000, or approximately $95 per SF. The property consists of an approximately 42,321 SF freestanding commercial building situated on approximately 17,502 SF of land and was formerly occupied by Rite Aid. The building offers a flexible multi-level layout suitable for retail, storage, showroom, fitness, office, creative, or other commercial uses, subject to applicable approvals, and presents multiple potential strategies for an owner-user, investor, or developer. Rite Aid historically utilized the property as a multi-level retail department store, with retail operations extending throughout multiple levels of the building. More recently, the ground floor was used for active retail sales, while the basement, mezzanine, second floor, and third floor were used primarily for inventory storage and support...

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Home facts

  • Year built:1926
  • Listing ID #:PW26228166
  • Added:23 day(s) ago
  • Updated:November 12, 2026 at 08:23 PM

Rooms and interior

  • Living area:42,321 sq. ft.

Structure and exterior

  • Year built:1926
  • Building area:42,321 sq. ft.
  • Lot area:0.4 Acres
  • Lot Features:Corner Lot

Finances and disclosures

  • Price:$3,995,000
  • Price per sq. ft.:$94.4
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