Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Long Beach Office Space Available Title is generated by Realmo AI

    501-515 Pine Ave, Long Beach, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Second floor office space, divisible to 5,000 square feet.

    Type:OFFICE
    Property size:
    17,360 SF
    Lot size:
    0.40 Acres
    Added:
    Sep 5, 2019
    Days on Market:
    2461
    Last Refresh:
    May 19 at 9:21 pm

    Property Features for 501-515 Pine Ave

    General Information

    Standard status
    Active
    Size
    17,360 SF
    Lot size
    0.40 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 501-515 Pine Ave Contact us

    We can help!

    Listing Contact
    Noël Aguirre
    Noël Aguirre

    Listing agent Noël Aguirre License #01263417

    Listing office Lee & Associates Los Angeles – Long Beach Inc.

    Listing date Sep 5, 2019

    Source Moodyscre

    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.

    HighLights

    • Divisible to 5,000 SF
    • 2nd floor office

    Overview

    This property offers office space on the second floor, with the option to divide the space down to 5,000 square feet. The total property size is 17,360 square feet and is located in Long Beach, CA.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    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
    -118.193
    Latitude
    33.7732

    Nearby Similar for Lease

    • $3,950/Mo
      2,000 SF

      Versatile Live/Work Space in Long Beach

      2,000 sq ft mixed-use space ideal for creatives.
      2172 Pacific, Long Beach, CA 90806
      View Details
    • $12,000/Mo
      5,500 SF

      Long Beach Mixed-Use Triplex

      Triplex with build-out opportunity in Long Beach, California.
      1429 E South, Long Beach, CA 90805
      View Details
    • Sponsored
      $129-$5,707/Mo
      11-1,292 SF

      CA, Long Beach - 145 W Broadway

      145 Broadway, Unit 400, Long Beach, CA 90802
      View Details
    • $129-$6,716/Mo
      11-1,292 SF

      Landmark Square

      111 Ocean Blvd, Unit 4TH, Long Beach, CA 90802
      View Details
    • $129-$8,034/Mo
      11-1,292 SF

      CA, Long Beach - E 3rd St

      120 3Rd St, Long Beach, CA 90802
      View Details
    • $13,728/Mo
      4,992 SF

      Long Beach Office Building

      Turn-key office space in Long Beach's Architectural & Design District.
      1342 Coronado, Long Beach, CA 90804
      View Details
    • $5,684/Mo
      3,444 SF

      Long Beach Flex Space Available

      3,444 SF commercial space in Long Beach for lease.
      21016 S Alameda, Long Beach, CA 90810
      View Details
    • Contact for pricing
      10,386 SF

      Turnkey Office Suite in Long Beach

      Move-in ready office suite with flexible layout and premium finishes.
      100 E Wardlow, Long Beach, CA 90807
      View Details
    • $12,000/Mo
      5,500 SF

      Long Beach Triplex Renovation Opportunity

      Triplex with landlord-assisted renovation for lease or sale.
      1429 E South, Long Beach, CA 90805
      View Details
    • $2 SF/Yr
      19,832 SF

      Retail Center with Strong Tenancy

      Retail center with existing tenancy available for lease.
      5201 E Pacific Coast Hwy, Long Beach, CA 90804
      View Details
    • $1.60 SF/Yr
      9,600 SF

      Long Beach Flex/Industrial Space

      Flex/industrial space near Long Beach Airport and 405 Freeway.
      2941-2955 Redondo Ave, Long Beach, CA 90806
      View Details
    • $2 SF/Yr
      15,000 SF

      Neighborhood Strip Center For Rent

      ±15,000 SF neighborhood strip center with strong existing tenancy.
      6416 East Stearns Street, Long Beach, CA 90815
      View Details

    FAQs

    What type of property is this?
    Office units - Second floor office space, divisible to 5,000 square feet.
    Where is this office units located?
    The property is located at 501-515 Pine Ave Long Beach, CA.
    What is the lease rate?
    The lease rate is $1.95 SF/Yr.
    What are key features of this property?
    This property features: Divisible to 5,000 SF; 2nd floor office
    (562) 895-0317 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Noël Aguirre
    Noël Aguirre
    Real Estate License ID: 01263417
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    501-515 Pine Ave, Long Beach, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!