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    604-650 Pine Ave, Unit Portfolio Long Beach, CA 90802

    For Sale
    Contact for pricing

    NNN leased to Molina Healthcare through 2029 with rent increases.

    Property size:
    208,500 SF
    Lot size:
    0.75 Acres

    Property Features for 604-650 Pine Ave

    General Information

    Size
    208,500 SF
    Lot size
    0.75 Acres

    Source: CBRE Agent Barbara Perrier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Beach Office Investment Opportunity

    This is a 100% NNN leased single-tenant investment opportunity featuring 3.4% annual rent increases. The property is 100% NNN leased to Molina Healthcare through December 2029. Molina Healthcare developed the buildings between 2013 and 2014. The property consists of office buildings and has a property size of 208500 square feet. The property is being offered for sale free and clear of any existing financing and is located in Long Beach, CA.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1919843
    Latitude
    33.7748164

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    FAQs

    What type of property is this?
    Office building - NNN leased to Molina Healthcare through 2029 with rent increases.
    Where is this office building located?
    The property is located at 604-650 Pine Ave, Unit Portfolio Long Beach, CA.
    What are key features of this property?
    This property features: - 100% NNN leased to Molina Healthcare through December 2029, providing stable, long-term income.; - Enjoy growing returns with **3.4% annual rent increases**.; - Offered for sale free and clear of any existing financing.
    (213) 613-3033
    Request Owner's contact information
    604-650 Pine Ave, Unit Portfolio Long Beach, CA 90802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    604-650 Pine Ave, Unit Portfolio Long Beach, CA 90802
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