Medical Office Building For
For Sale
Contact for pricing
917 Pine Ave, Long Beach, CA
Freestanding medical office building available for purchase.
Property Size3,026 SF
Lot Size0.17 Acres
Price / SF$446.13
Days on Market948
Property Features for 917 Pine Ave
General Information
Standard status
Active
Size
3,026 SF
Lot size
0.17 Acres
Property subtype
OFFICE
Listing Agency:
Lee & Associates Los Angeles – Long Beach Inc.
(562) 895-0317
Listed By:
Noël Aguirre · License #01905266
(562) 895-0317
Source:
Moodyscre
Added: Dec 27, 2023
Changed: Jul 6
Last Checked: Jul 21 at 8:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Los Angeles – Long Beach Inc.
Investment Insights
Based on property information with market context.
This is a freestanding medical office building with a property size of 3026 square feet. The property is intended for use as medical offices.
Key Highlights
- Free standing building
- Medical office building
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.0k | $45.60 |
| − Vacancy | −$35.2k | −$11.63 |
| EGI | $102.8k | $33.97 |
| − OpEx | −$25.7k | −$8.49 |
| NOI | $77.1k | $25.48 |
3,026 SF · lease $45.60/SF/yr · vacancy 25.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.10M
$963.7K – $1.28M
NOI $77,099 @ 7.0% cap · market cap 5.71%
Second Best
Healthcare Medical
$658.6K
$576.3K – $768.4K
NOI $46,102 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,408 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,291
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pine Animal Hospital & Integrative Wellness Center — 900 Pine Ave, Long Beach, CA 90813
- The Fix Project — 1749 Magnolia Ave, Long Beach, CA 90813
- Milos vet — Broadway & Cerritos NW, Long Beach, CA 90802
- The Family Vet — 1749 Magnolia Ave, Long Beach, CA 90813
- PET Scan at Pacific Shores Medical Group — 1043 Elm Ave #104, Long Beach, CA 90813
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding medical office building available for purchase.
Where is this medical office space located?
The property is located at 917 Pine Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Free standing building; Medical office building
