Ron Mgrublian
25 Jun
25Jun

Commercial Property For Sale · 782 Pacific Ave · Long Beach, CA 90813


Corner lots with on-site parking don't come up often in Downtown Long Beach — and when they do, they don't stay available for long. 782 Pacific Ave is a ±3,368 SF commercial building sitting on a ±8,001 SF corner lot at Pacific Avenue, just one block from Pine Avenue, the waterfront, and the Long Beach Convention Center.The building is move-in ready for an owner-user, and the flexible zoning opens the door to retail, professional office, service businesses, or longer-term redevelopment. Whether you're looking to occupy, invest, or reposition, this property delivers a platform that's genuinely hard to replicate at this location.


Property Highlights

  • ±3,368 SF building
  • ±8,001 SF prime corner lot
  • 8 surface parking spaces on-site
  • Renovated and move-in ready
  • Strong corner visibility and street presence
  • Owner may consider a leaseback — ideal for developers planning future redevelopment
  • Pricing is negotiable

Who This Property Works For

The zoning supports a wide range of commercial uses, making this a fit for a variety of buyers and operators:

  • Professional office users — real estate, legal, wellness, fitness
  • Retail and restaurant operators
  • Personal service businesses
  • Owner-users seeking a flagship Downtown location
  • Investors looking for a well-located urban asset
  • Developers targeting high-density residential redevelopment with income in place

A Compelling Opportunity for Developers

782 Pacific Ave sits within the Downtown Plan Area under PD-30 zoning, which supports high-density residential redevelopment — and California's Density Bonus Law may allow a qualified developer to build significantly beyond the base zoning limits.

For a developer with a longer-term horizon, the opportunity here is straightforward: acquire the asset, structure a leaseback with the current owner to generate income while entitlements are pursued, and bring a high-density project forward in one of Long Beach's most walkable and transit-connected neighborhoods. The corner lot configuration, Metro Blue Line proximity, and pedestrian-oriented Downtown Plan Area designation are exactly the site characteristics that support a strong density bonus application.

Contact us directly to discuss the development potential and how a leaseback structure might be tailored to your timeline.


Location That Does the Work For You

782 Pacific Ave sits at the intersection of Pacific Avenue in a part of Downtown Long Beach that continues to grow — more residents, more foot traffic, more demand.

  • Walkable to Pine Avenue dining, retail, and entertainment
  • Close to the Long Beach Convention Center and waterfront destinations
  • Metro Blue Line rail transit nearby — strong accessibility for employees and clients
  • Surrounded by a growing residential base that supports ground-floor commercial activity
  • Civic Center, employment hubs, and major transit connections all within reach

The Downtown Long Beach Market Context

Downtown Long Beach has spent the last several years building the kind of urban density and amenity base that attracts both businesses and residents long-term. With continued investment in the waterfront, convention facilities, and transit infrastructure, the submarket has strengthened its position as one of the most active coastal urban centers in Southern California.

Well-located commercial buildings with parking — especially corner lots — remain among the most sought-after assets in the area. The supply is limited by nature, and properties like 782 Pacific Ave represent exactly what a range of buyers are actively looking for.


Request the Full Brochure

Interested in 782 Pacific Ave? Contact us directly for the complete property brochure, additional photos, current pricing, and details on leaseback and development potential.

Frequently Asked Questions

What is the zoning on 782 Pacific Ave?

The property sits within Long Beach's Downtown Plan Area under PD-30 zoning, which allows for a wide range of commercial uses today and supports high-density residential redevelopment for a qualified buyer in the future.

Can this property be redeveloped for multifamily or residential use?

Yes. Because of the PD-30 designation, the site may qualify under California's Density Bonus Law for residential density beyond the base zoning limits. Buyers considering redevelopment should confirm specifics with the City of Long Beach Planning Bureau.

Is the current owner willing to do a leaseback after a sale?

The owner may consider a leaseback arrangement, which can allow a developer to generate income from the property while pursuing entitlements. Contact us to discuss how a leaseback structure could be tailored to your timeline.

What is the price for 782 Pacific Ave?

Pricing is negotiable. Contact us directly for current pricing and the full property brochure.

Is this property a fit for an owner-user, or only investors and developers?

Both. The building is move-in ready today for an owner-user in retail, office, or service use, while the lot and zoning also make it a strong candidate for investors and developers with a longer-term redevelopment strategy.


We specialize in industrial real estate from the greater Los Angeles to the Inland Empire markets, including: Long Beach, Carson, Torrance, Gardena, Compton, Rancho Dominguez, Wilmington, Paramount, Santa Fe Springs, Huntington Beach, Garden Grove, Irwindale, Signal Hill, Pomona, City of Industry, and Ontario, serving surrounding submarkets including LA South Bay, LA Central, Mid-Counties, San Gabriel Valley, Orange County and the Inland Empire.


Ron Mgrublian, MBA
Lee & Associates Los Angeles – Long Beach
📞 562.354.2537
✉️ rmgrublian@leelalb.com

CalDRE# 01902882

Nancy Deprez, MBA
Vista Sotheby's International Realty
📞 310.739.8272
✉️ NancyDeprezTeam@gmail.com

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