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Property profile & analytics
FOR LEASE
Office buildings
211 East Ocean Blvd Long Beach, CA 90805
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6640574
For Lease
$5,445,000
211 East Ocean Blvd, Long Beach, CA 90805
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Construction
CONCRETE
Total area
101,656 SF
Lot
0.99 ac (42,919 SF)
Zoning code
LBPD30
APN
7280-029-024
UPID
US09-6640574
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Michaels Mark PHD Physician Medical Clinic
-
Designory Inc Advertising Agency Marketing & Advertising
-
Rohlfing & Kalagian Attorneys At Law Law Firm
-
Sievers Ronald L Law Firm
-
Krank Laura Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.45M
Owner & transaction history
Ocean Capital Partners LLC · 7 yrs held
Ocean Capital Partners LLC
since 2019
7 recorded transactions
Zoning & alternative use
LBPD30 · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$293,342
Tax year 2024
Assessed value
$19,729,958
Assessed 2024
Previous assessed
$19,729,958
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$12,232,574
Assessed improvement
$7,497,384
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1982
Construction
CONCRETE
Heating
NONE
Total area
101,656 SF
Lot
0.99 ac (42,919 SF)
Zoning code
LBPD30
APN
7280-029-024
UPID
US09-6640574
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD30 · Long Beach, CAZoning LBPD30 · permitted uses
LBPD30 · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Districts Established
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
NONE
Lot
0.99 ac
Current owner
From public records · entity-resolved
Ocean Capital Partners LLC
Entity
Mailing address
970 W 190TH ST STE #110, TORRANCE, CA 90502-1045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2019
—
Ocean Capital Partners LLC
Ocean Holdings Group LLC
Grant Deed
$22,300,000 · Usaa Life Insurance Company
Oct 23, 2015
$17,000,000
Ocean Capital Partners LLC
211 East Ocean LLC
Grant Deed
$16,100,000 · Private Individual
Jul 22, 2011
$12,805,000
211 East Ocean LLC
Behringer Harvard Downtown Pla
Grant Deed
—
Jul 9, 2007
—
Jaynes Family Trust
Jaynes,suzanne J
Quit Claim Deed
related
—
Apr 10, 2007
—
Suzanne J Jaynes
Stafford Family Trust
Quit Claim Deed
related
—
Jun 15, 2005
—
Behringer Harvard Downtown Plaza LP
Pacifica Bp Dt
Grant Deed
$12,650,000 · Bear Stearns Commercial Mortgage In
Apr 13, 2005
—
Pacifica Bp Dt
Bp Downtown Plaza LLC
Quit Claim Deed
—
Aug 29, 2003
—
Stafford,tr
Stafford,david V
Quit Claim Deed
related
—
Aug 23, 2002
—
Pacifica Downtown Plaza LP
Wmp IV Real Estate LP
Grant Deed
$9,000,000 · Pacific Capital Commercial Mtg
Aug 30, 1996
—
Wmp Real Estate LP
Wmp Real Estate LP
Quit Claim Deed
related
$73,000,000 · Gmac Commercial Mortgage Corp
Aug 16, 1994
$4,869,530
Whc-one Investors LP
Idm Downtown Pla
Trustees Deed
—
Aug 16, 1994
—
Whc-one Investors LP
—
Deed Of Trust
related
$329,138,000 · General Electric Capital Corp
Sep 13, 1989
$9,750,000
Idm Downtown Plaza Ltd
Unknown
Grant Deed
—
—
—
Real Estate LP Wmp IV
—
Deed Of Trust
related
$7,651,505 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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