This exceptional investment opportunity presents two well-maintained retail buildings strategically positioned in the Lakewood Village neighborhood off of the bustling Lakewood Boulevard in Long Beach, California. Offered at $2.22 million, these properties generate a combined Net Operating Income (NOI) of $128,745.98, demonstrating a strong and reliable income stream.
The first property, situated at 4148 Norse Way, encompasses 4,841 square feet of leasable space on a 5,856 square foot lot. The second property, located at 4411 E Village Road, provides 1,380 square feet of retail space on a 5,860 square foot lot. Both buildings are currently 100% occupied by established tenants with proven track records, ensuring immediate and consistent cash flow for the new owner.
Beyond the immediate returns, this offering boasts significant potential for future growth. The combined 11,716 square feet of land presents an enticing opportunity for future development or expansion, allowing investors to capitalize on the prime location and increasing property values in the Lakewood Village area.
Situated in a high-traffic corridor with excellent visibility and accessibility, these properties attract a steady flow of customers and offer convenient access to major thoroughfares. This offering represents a compelling investment opportunity with strong cash flow, long-term stability, and the potential to significantly enhance value over time. Both buildings are being offered as one sale and must transfer together.
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| List Price | $2,220,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1938 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7182021029 |
| MLS # | DW25013299 |
| Property ID | 292039308 |
| Lot Sqft | 11,546 |
| Zoning | LBCC |
| Date Updated | July 15, 2025 |
| Date Created | January 17, 2025 |
Financials not available online. Please inquire with your agent for more details.
Julio Bonilla an agent of Circle Real Estate. Lic #01281205
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of July 15, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT