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$1,895,000
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Property Description
For sale is a large classic mid-century, two-story commercial storefront building located near Pine Avenue, just west of the East Village Arts District, and approximately one mile from the Long Beach waterfront and Shoreline Village.
Downtown Long Beach and the adjacent East Village Arts District are in the midst of major revitalization, with billions of dollars in planned and ongoing redevelopment. Long Beach is also set to be a major LA28 Olympic host city, with 11 Olympic sports/events across seven venues, including 161 ticketed events and 35 finals.
The property is currently vacant and offers approximately 10,000 square feet of building space, plus an additional 5,000 square foot basement. The interior is already built out with lobby areas, multiple rooms, a kitchen, and restrooms, making it a strong opportunity for an owner-user or investor seeking a substantial Downtown Long Beach commercial property.
Full Property Details
Full Property Details for 129 W 5th St
General
- Price: $1,895,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: PW26100826
- Updated: 5/10/2026
- Days on Market: 12 days
- Added to Site: 14 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: North of 4th Street between Pacific and Pine
Utilities
- Utility Description: Sewer Connected, Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 10000
- Square Feet: 10,000
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.1216
- Useable Acres: .1216
- Lot Size (Sq. Ft.): 5,297
- Lot Size Source: Assessor
- Lot Features: Level with Street, Rectangular Lot
- Lot Description: Level with Street, Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $189
Disclosures and Reports
- Property ID: 7280004007
Listed by Broadmoor Realty, Inc., MichaelRobinson
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Schools
Schools serving 129 W 5th St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Chavez Elementary School, Long Beach, CA 730 West 3rd Street, Long Beach, CA 90802 | K-5 | 0.5 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.9 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 129 W 5th St
Date
Details
Price
Change
Source
5/08/2026
Listed
$1,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 129 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,342
9%
$122,519
4%
2023
$3,988
5%
$117,763
2%
2022
$3,805
7%
$115,454
2%
2021
$3,565
1%
$113,191
1%
2020
$3,517
2%
$112,031
2%
2019
$3,456
6%
$109,835
2%
2018
$3,251
2%
$107,683
2%
2017
$3,185
7%
$105,572
2%
2016
$2,979
3%
$103,502
2%
2015
$2,889
1%
$101,948
2%
2014
$2,859
2%
$99,952
—
2013
$2,800
—
$99,501
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 129 W 5th St
129 W 5th Street, Long Beach, CA 90802 (MLS# PW26100826) is a Retail property. 129 W 5th Street is currently listed for $1,895,000 and was received on May 08, 2026. Want to learn more about 129 W 5th Street? Do you have questions about finding other Retail real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

