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    Property profile & analytics
    OFF-MARKET Estimated value $5,035,000
    Office buildings

    2931 Redondo Ave, Long Beach, CA 90806-2445

    20,902 SF 0.69 ac lot Built 1982
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-0455841
    Property summary
    AI-generated overview

    This exceptional 21,384-square-foot office/flex building, located at 2931 Redondo Ave in Long Beach, CA 90806, presents a compelling investment opportunity. Situated on a 29,185-square-foot lot within the LBIG Globemaster Corridor, this two-story, Class B building boasts a desirable location with immediate access to the Long Beach Airport and the 405 Freeway. Built in 1982 and renovated in 2017, the property features a beautiful atrium and a versatile layout including private offices, conference rooms, bullpen space, and ample storage. The building offers 54 parking spaces and two loading docks, catering to diverse business needs. Currently vacant, this owner-user investment provides an excellent opportunity to establish a presence in a thriving market. The property's prime location offers proximity to a variety of amenities, including restaurants and retail establishments, and is surrounded by corporate neighbors such as the City of Long Beach, Office Depot, Scan Health, and prominent aerospace companies. The building also benefits from top building signage, enhancing visibility and brand recognition. This versatile space is suitable for executive office, medical office, or flex uses, making it an ideal choice for a wide range of businesses. The asking price is $6,500,000. Occupancy is available August 31, 2023. The property consists of one building with two units.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1982
    Construction TILT-UP CONCRETE
    Total area 20,902 SF
    Lot 0.69 ac (29,841 SF)
    Zoning code LBIG
    APN 7149-011-004
    UPID US10-0455841
    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
    • Long Beach City Cable TV City Government Office
    • Vida Lewis Marriage Or Relationship Counselor
    • Corinne Snyder Marriage Or Relationship Counselor
    • Katya E. Martinez, MA Physician
    • Nicole Albers Marriage Or Relationship Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.04M
    Owner & transaction history
    Redondo Holdings LLC · 1 yrs held
    Redondo Holdings LLC
    since 2025
    Last sale
    $5.4M
    7 recorded transactions
    2025
    $5.4M
    2025
    2021
    2019
    2017
    $3.6M
    2012
    $2.4M
    1969
    Zoning & alternative use
    LBIG · Long Beach, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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