Downtown Long Beach Office
For Sale
Contact for pricing
150 Long Beach Blvd, Long Beach, CA 90802
Modern 3-story office building in Downtown Long Beach for sale.
Property Size49,852 SF
Days on Market1237
Property Features for 150 Long Beach Blvd
General Information
Standard status
Active
Size
49,852 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Site & Location
Neighborhood
East Village
Building Details
Year Built
1981
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
CBRE - Orange County
Listed By:
Mark Shaffer · License #CA 01253743
(818) 502-6700
Source:
Crexi
Added: Jun 15, 2023
Changed: Oct 30
Last Checked: Nov 1 at 3:02AM
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 CBRE - Orange County
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Investment Insights
Based on property information with market context.
This modern 3-story office building offers approximately 49,852 square feet of space with a parking ratio of approximately 5:1,000. The building is located in Downtown Long Beach and is currently the only office building for sale in the South Bay area with this parking ratio, capable of immediately accommodating an occupier needing between 15,000 to 50,000 square feet. The property is suitable for medical, governmental, and retail occupiers. A four-level connected deck provides approximately 243 parking spaces. The building is elevator served, fully sprinklered, and features high deck-to-deck clearance on all floors. It includes approximately 18,186 square feet of ground floor space with vaulted ceilings. The parking deck is directly accessible from the ground floor and 3rd floor, allowing for separation from co-tenancies. The property's location is described as a "Walker’s Paradise" with a 98 Walk Score, offering pedestrian-friendly streets with access to abundant amenities and public transit. It straddles Downtown Long Beach’s Pine Avenue Promenade and East Village neighborhoods. Directly across from the property is the 1st Street Station of Metro’s Blue Line, connecting Long Beach to Downtown Los Angeles. The property is two miles from I-710, which connects to I-405, and approximately seven miles from Long Beach International Airport.
Key Highlights
- Rare owner/user opportunity: The only office building for sale in the South Bay area with 5:1,000 parking that can immediately accommodate a 15K‑50K SF occupier.
- High parking ratio: Benefit from ±5:1,000 parking with a four‑level connected deck providing approximately 243 spaces.
- Versatile space: Ability to accommodate medical, governmental, and retail occupiers with ±18,186 SF of ground floor space and high ceilings.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,680
Businesses Nearby
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Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Modern 3-story office building in Downtown Long Beach for sale.
Where is this office building located?
The property is located at 150 Long Beach Blvd Long Beach, CA.
What are key features of this property?
This property features: Rare owner/user opportunity: The only office building for sale in the South Bay area with 5:1,000 parking that can immediately accommodate a 15K‑50K SF occupier.; High parking ratio: Benefit from ±5:1,000 parking with a four‑level connected deck providing approximately 243 spaces.; Versatile space: Ability to accommodate medical, governmental, and retail occupiers with ±18,186 SF of ground floor space and high ceilings.
