Technical
Financial
Distress signals
Property profile

3111 Long Beach Blvd Long Beach, CA 90807

FOR SALE
Medical Office Space
Property ID
US09-7744328
8,382 SF 0.67 ac lot Built 2002
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a single-tenant, 100% occupied medical office building in Long Beach, California. The property, a 2002-built, one-story structure situated on a 0.67-acre lot at 3111 Long Beach Blvd, 90807, houses a DaVita Dialysis Center, one of the largest in Long Beach. The building features 28 dialysis stations operating six days a week, from 3:30 AM to 10:30 PM, demonstrating strong operational performance and high demand. The property benefits from an absolute NNN lease structure with below-market rent, providing a stable and predictable income stream. With a 5.00% cap rate and a Net Operating Income (NOI) of $303,408, this investment offers significant potential for long-term growth. The strategic location, just one mile from MemorialCare Long Beach Medical Center and with easy access to Interstate-405 (292,500 vehicles per day), further enhances its value. The asking price is $6,068,000. This DaVita center boasts a 20+ year operating history, solidifying its position as a key provider of renal care in a densely populated Southern California area. The property represents a rare opportunity to acquire a high-performing, long-term investment with a stable tenant and significant upside potential.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction TILT-UP CONCRETE
Total area 8,382 SF
Lot 0.67 ac (29,088 SF)
Zoning code LBPD29
APN 7204-010-055
UPID US09-7744328

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician Medical Clinic

Location

3111 Long Beach Blvd Long Beach, CA 90807
Long Beach metro Census 572201 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$1.09M

Owner & transaction history

since 2017
7 recorded transactions
2018
Price N/A
2018
Price N/A
2018
Price N/A
2017
$3.9M
2003
Price N/A
2003
Price N/A
2002
Price N/A

Zoning & alternative use

LBPD29 · Long Beach, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message