5885 N. Paramount Blvd.

5885 N. Paramount Blvd. , Long Beach, CA 90805

  • For Sale $2,650,000
  • Property Type Industrial - Manufacturing
  • Property Size 7,200 SF
  • Lot Size 18,030 Acre
  • Additional Rent Contact for pricing
  • Year Built 1957
  • Date Updated Nov 15, 2024
  • HVAC None
Major Cross Streets is E. South Street and N. Paramount Blvd. Located in North Long Beach, Two Blocks South of the 91 Freeway.NAI Capital presents a rare opportunity to acquire a 7,200 sq. ft. building on a 18,030 sq. ft. lot, that is situated within the Green Zone of Long Beach. Previously utilized for cultivation use, this asset provides the convenience of a existing built-out facility previously approved and licensed by the City and State for a cannabis cultivation and nursery business. The property was intensively improved in 2018/2019 with improvements including all new heavy power (800 amp 3 phase), DPS insulated walls, 3 flower rooms, 1 vegroom, 1 mother room, drying room, and utility/watering room. Property amenities also include custom rolling trays, custom walk-in vault safe for product storage, ADA bathroom, security camera system, epoxy floors, reception area, and a private office. Additionally, the asset is situated on a large secured gated lot and has ample parking + a covered awning area in the rear of the building. There is also an upstairs mezzanine area that can be used for storage that is not included in the square footage. Property is zoned LBIG (General Industrial) and can also be used for many traditional businesses as well. (See City website for all permitted uses).
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Attachments

Highlights

  • 7,200 Sq/Ft Long Beach Green Zone Cultivation Building
  • Heavy Power- 800 Amp 3 Phase
  • Certificate of Occupancy Issued from City of Long Beach for Cultivation
  • Extensively Upgrade in 2018/2019
  • Large Gated Yard with Covered Awning
  • Zoned LBIG- Cannabis Complaint
  • Potential Investment Pro Forma Cap Rate of 8.15% Through Lease-Up. Call Agent for Details.

Contacts

broker
Steve Gim

NAI Capital

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Transit Score ®

    40/100 Some Transit

  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Long Beach, CA
  • Neighborhood Cherry Manor
  • Zip Code 90805
  • Market Los Angeles

Points of Interest

  • Del Amo

    3.05 miles

  • Wardlow

    3.54 miles

  • Long Beach Boulevard

    5.22 miles

  • Pacific Coast Highway

    5.26 miles

  • Anaheim Street

    5.75 miles

  • 5th Street

    6.31 miles

  • Willowbrook/Rosa Parks

    6.43 miles

  • Pacific Avenue

    6.46 miles

  • Norwalk/Santa Fe Springs

    6.91 miles

  • 103rd Street/Watts Towers

    7.35 miles

  • 7-Eleven

    0.52 miles

  • Arco

    0.97 miles

  • Chevron

    1.01 miles

  • Mobil

    1.05 miles

  • Arco;Am pm

    1.06 miles

  • 76

    1.10 miles

  • Shell

    1.13 miles

  • EVgo

    1.39 miles

  • Costco Gasoline

    1.61 miles

  • eVgo

    3.35 miles

  • staff parking

    2.23 miles

  • Faculty parking

    2.26 miles

  • parking structure

    2.30 miles

  • Boeing Parking Structure

    2.37 miles

  • Frontier Parking

    2.42 miles

  • Lot K Staff

    2.53 miles

  • Lot L Staff

    2.53 miles

  • Lot N

    2.65 miles

  • McDonald's

    0.46 miles

  • Del Taco

    0.55 miles

  • Douglas Char-broiled Burger

    0.56 miles

  • Chinese Fast Food

    0.60 miles

  • Winny's Donut House

    0.60 miles

  • Bahn Thai Restaurant

    0.60 miles

  • El Pollo Loco

    0.64 miles

  • Granny's Donuts

    0.67 miles

  • Subway

    0.68 miles

  • Weinerschnitzel

    0.91 miles

  • Food 4 Less

    0.35 miles

  • WinCo Foods

    0.49 miles

  • Fallas

    0.53 miles

  • Superior (market)

    0.55 miles

  • Walmart Supercenter

    0.72 miles

  • Circle K

    1.03 miles

  • Target

    1.13 miles

  • Big Lots

    1.16 miles

  • Lakewood Square

    1.20 miles

  • Northgate

    1.23 miles

  • La Casa Psychiatric Health Facility

    0.30 miles

  • Da Vita Nephron

    0.60 miles

  • Lakewood Regional Medical Center

    0.62 miles

  • Carbon Health Urgent Care

    0.63 miles

  • Lakewood Open MRI

    0.68 miles

  • Walmart Pharmacy

    0.72 miles

  • Da Vita Dialysis

    0.94 miles

  • Walgreens

    0.98 miles

  • LA County Fire Station #45

    1.09 miles

  • John's Pharmacy

    1.09 miles

Frequently Asked Questions

How much does 5885 N. Paramount Blvd. cost?

The space currently listed for sale at 5885 N. Paramount Blvd. asks for $2,650,000.

What is the total square footage of 5885 N. Paramount Blvd. ?

5885 N. Paramount Blvd. totals 7,200 square feet.

When was this property built?

5885 N. Paramount Blvd. was built in 1957.

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Contact Listing Broker
broker
Steve Gim

NAI Capital