1445 Santa Fe Avenue, Long Beach, CA, CA 90813

$2,599,000

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List Price
$2,599,000
Status
ACTIVE
MLS#
PW25264426
County
Los Angeles
Year Built
1980
Square Feet
5,786
Lot Size (acres)
0.3032
Lot Location
0-1 Unit/Acre
Days on Market
250
Property Type
Commercial
Business Type
Build to Suit, Commercial, Distribution, Industrial, Manufacturing, Special Use
Property Sub Type
Warehouse

Property Description

Heavy Power Top-Tier Four-Suite Masonry Industrial Building on the Westside of Long Beach, built in 1980 and situated on a 0.30-acre lot (approx. 13,000 sf). This Class B masonry non-combustible structure offers 5,786 sf of versatile space with soaring 22-ft ceilings. It is naturally divisible with two separate addresses and electrical meters—1445 Units A/B and 1447—making it ideal for owner-users, investors, or multi-tenant use. Located in the Long Beach Cannabis Green Zone with a low cannabis tax rate for cultivation, manufacturing, and distribution, the facility features 3,000 amps, 3-phase electrical service with a 120/240V meter main distribution panel. Climate control includes two 4-ton central HVAC condensers (serving 1445 and 1447) and six mini-splits for custom zoning in offices and specialized areas. The property is supported by 22 onsite parking stalls thoughtfully distributed across two lots: the front lot along W. Cowles Street provides five standard stalls plus one ADA stall, while the rear lot accessed from the alley offers nine standard stalls and one ADA stall. Security is comprehensive, featuring a central burglar alarm system with door and motion sensors, interior and exterior cameras with remote monitoring, and exterior floodlighting on timers for complete perimeter coverage. Interior highlights include a full-scale commercial kitchen, four bathrooms, multiple office areas, and high-speed fiber internet supported by an enterprise-grade Ubiquiti Wi-Fi network. The sale offering includes valuable fixtures and furnishings: a commercial kitchen, with office furniture, stainless steel tables, and stainless steel shelving available and negotiable. Manufacturing equipment is excluded. The property is currently leased at $19,000 per month, which is at market rent. The tenant is seeking to relocate to a larger facility and is open to negotiating a reduction in the remaining lease term, providing flexibility for both immediate investment income or early owner occupancy. Finally, the offering includes the availability of valuable cannabis licenses—Type N Infusion Manufacturing, Type 6 Manufacturing, and Type 11 Distribution, each covering both medical and adult-use. These licenses may be negotiated as part of the transaction, creating a rare opportunity to combine a heavy-power, turn-key industrial facility with cannabis entitlements in one of the most desirable and business-friendly markets in Southern California.

Additional Information

Parcel Number
7432005057
Gross Scheduled Income
$3,960,000
Operating Expense
1800000
Net Operating Income
$2,160,000
Lot Features
0-1 Unit/Acre
Electric
Heavy
Cooling
Yes
Cooling Description
Central Air
Water
Public

Listing courtesy of Listing Agent: Bret Lewis (BretRealty@gmail.com) from Listing Office: Bret Lewis, Broker.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.