2931 Redondo Ave, Long Beach, CA 90806-2445
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.
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Long Beach City Cable TV City Government Office
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Vida Lewis Marriage Or Relationship Counselor
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Corinne Snyder Marriage Or Relationship Counselor
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Katya E. Martinez, MA Physician
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Nicole Albers Marriage Or Relationship Counselor
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
LBIG · 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.