3840 Woodruff Ave Long Beach, CA 90808
This exceptional two-story, 18,416 square foot Class C office building in Alamitos Beach, Los Angeles County, offers a unique investment opportunity. Currently housing 19 tenants, primarily medical operators, aesthetics services, and home health care offices, this property boasts recently completed renovations (2023). Improvements include new signage, landscaping, updated parking lot lighting, and more. The majority of tenants are on long-term leases (5+ years), ensuring stable income. The building features 40 parking spaces, ample for tenants and patients. Suites range from 885 to 1,100 contiguous square feet, with 4,803 square feet currently vacant. The property is strategically located near Long Beach Town Center, Long Beach Airport, Heartwell Park, Veterans Memorial Stadium, and the expansive Douglas Park/LBX development, a 266,000 square foot shopping center featuring major retailers like Whole Foods Market, Nordstrom Rack, and more. The LBCCA zoning provides flexibility for various uses. This well-maintained building, under private family ownership and management, presents a compelling opportunity for investors seeking a stable, high-demand property in a thriving location. The minimum divisible space is 885 square feet.
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Sandra Flores Foster Care Service Social Service Agency
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Hanson Thomas E DDS Dental Office
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Dr. Ralph R. Earnest, DDS Dental Office
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Marantha Printing Department Store
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Denture Office Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.