150 Long Beach Blvd, Long Beach, CA 90802
For Sale
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This exceptional three-story, 49,852-square-foot office building presents a unique owner-user opportunity in the heart of Long Beach, CA. Located at 150 Long Beach Blvd, this Class B property boasts a prime location in Downtown Long Beach (DTLB), a highly walkable area with a Walk Score of 98. The building, constructed in 1981, features one building with ample parking: approximately 243 spaces in a four-level connected deck, directly accessible from the ground and third floors, offering excellent separation for multi-tenant occupancy. The ground floor offers approximately 18,186 square feet with vaulted ceilings. The building is elevator-served and fully sprinklered, with high deck-to-deck clearance on all floors. Its versatility makes it suitable for various uses, including medical, governmental, and retail. The property sits on a 1.15-acre lot (APN 7281-018-015) and benefits from its proximity to the Metro Blue Line's 1st Street Station, providing easy access to Downtown Los Angeles. Furthermore, Interstate 710 is two miles away, connecting to I-405 and the region's extensive freeway network. Long Beach International Airport is approximately seven miles away. The surrounding area is experiencing significant development, including approximately $3.5 billion in projects adding thousands of housing units and hotel rooms, further enhancing the property's value and potential. This is currently the only office building for sale in the South Bay area with this level of parking, capable of accommodating a 15,000-50,000 square foot occupier.
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Long Beach Bike Share Station Bike Sharing Station
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Bank of America ATM Atm
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Vip Fashion Vault (Bike/Boat/Book/etc) Store
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Exceptional Home Care Home Health Care Service
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Sting Technologies Inc. Information Services
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
LBPD30 · Long Beach, CALong Beach. Always verify with local authorities before improvements.
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.