Long Beach Portfolio of properties for Sale - Long Beach: Suburban
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* OWNER-USER ADVANTAGE | An ideal corporate headquarters that offers a superior alternative to leasing. Ownership provides a hedge against rental market volatility and interest rate hikes, while offering long-term occupancy cost control, tax advantages, and equity accumulation.
* PRIDE OF OWNERSHIP | Since acquisition, ownership has invested over $6M into a full-scale redevelopment of the three-building campus. Key enhancements include modernized curtain walls, mechanical/electrical systems, and elevator upgrades. Coupled with comprehensive tenant suite renovations, the property offers a compelling investment with strong residual value.
* PROMINENT SIGNAGE OPPORTUNITY | Numerous high-visibility signage opportunities are available to enhance brand exposure in a high-traffic corridor with 30k of vehicles passing each day.
* MEDICAL-OFFICE POTENTIAL | With flexible floor plates, high slab-to-slab heights of 12’–4” to nearly 17’, a gurney-sized elevator, heavy power, and a robust parking ratio, the property is uniquely suited for medical use. The strategic location near major hospital systems makes it an ideal site for urgent care, ambulatory surgery, or specialized diagnostics.
* AB 2097 TRANSIT-ORIENTED ADVANTAGE | Due to its proximity to major transit, the property benefits from California’s AB 2097, which eliminates minimum parking mandates. This provides ownership the unique ability to accommodate medical use without needing a variance for parking.
* ACCELERATED TAX SAVINGS | Under the tax legislation passed in July 2025, new ownership may qualify for enhanced bonus depreciation. CBRE’s Cost Segregation Analysis estimates a Year 1 deduction of approximately $3 million, providing significant upfront tax relief.
IDEAL SUBURBAN OFFICE LOCATION WITH STRONG GROWTH PROJECTION
* Within a short drive to Long Beach’s Virginia Country Club golf course, the property is in the heart of the City’s affluent Bixby Knolls neighborhood, which offers idyllic, tree-lines streets, plentiful outdoor spaces and walkable retail amenities.
* Located near St. Mary’s Medical Center, the Property is in the heart of a medical cluster that also includes Long Beach Memorial Medical Center, Miller Children’s and Women’s Hospital, and Pacific Hospital of Long Beach, all of which are within three miles of the property.
ATTRACTIVE MARKET FUNDAMENTALS WITH SIGNIFICANT RUNWAY FOR GROWTH
* Long Beach is located within one of the most stable and resilient investment market in the country. With one of the best employment markets in the nation, Greater Los Angeles commercial real estate market offers strong absorption, low vacancy, and attractive rent growth. The city is regarded as one of the last affordable beach cities in Southern California.
* The property is located near the Ports of Los Angeles and Long Beach. The Ports provide strong commercial real estate demand in the local market with an economic impact totaling ±$14.5 billion in annual trade-related wages.
