Bank of America | 150 Long Beach Blvd
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Bank of America 150 Long Beach Blvd
49,827 SF Vacant Office Building Long Beach, CA 90802 For Sale
Investment Highlights
- EXCEPTIONAL COASTAL LOW-RISE OWNER/USER OFFICE OPPORTUNITY - LONG BEACH, CA
Executive Summary
EXCEPTIONAL COASTAL LOW-RISE OWNER/USER OFFICE OPPORTUNITY - LONG BEACH, CA
* Modern 3-Story ±49,852 SF office building with ±5:1,000 parking in Downtown Long Beach. Currently, the only office building for sale in the South Bay area with 5:1,000 parking that can immediately accommodate a 15K-50K SF occupier.
* Unique ability to accommodate medical, governmental, and retail occupiers:
Four level connected deck provides approximately 243 parking spaces. Elevator served and fully sprinklered with high deck-to-deck clearance on all floors. ±18,186 SF of ground floor space with vaulted ceilings. Parking deck directly accessible from ground floor and 3rd floor, allowing for separation from co-tenancies.
COASTAL URBAN CENTER WITH WORLD CLASS AMENITIES
* Approximately $3.5 billion in development underway in Long Beach, which would add 7,000+ housing units and 1,000+ hotel rooms to the city. The forthcoming 2028 Summer Olympics, with several events hosted in Long Beach, is attracting significant investment in the city’s real estate. The city’s proactive Specific Plan is transforming the Property’s surrounding area into a dynamic live-work environment.
* Downtown Long Beach (“DTLB”) is ranked as one of the Nation’s top 10 most walkable cities by Walkscore.com. The property’s location, with its central location is described as a “Walker’s Paradise” with its 98 Walk Score. This location offers pedestrian-friendly streets with access to abundant amenities and public transit system.
* The Property straddles Downtown Long Beach’s most exciting neighborhoods:
Pine Avenue Promenade is known as the "pulse-center of DTLB" and offers premium entertainment life with diverse food selections. East Village is distinctly indie & artistic and is one of DTLB's most intimate neighborhoods, filled with boutique shops and creative businesses.
EXCELLENT REGIONAL ACCESS
* DTLB is served by a integrated multi-modal transportation network that makes local and regional access fluid and seamless. Directly across from the Property is the 1st Street Station of Metro’s Blue Line, a 22-mile rail line that connects Long Beach to Downtown Los Angeles and beyond.
* Two miles from the Property is I-710, which connects to I-405 and the region’s vast network of freeways. Long Beach International Airport is also only ±7 miles away.
* Modern 3-Story ±49,852 SF office building with ±5:1,000 parking in Downtown Long Beach. Currently, the only office building for sale in the South Bay area with 5:1,000 parking that can immediately accommodate a 15K-50K SF occupier.
* Unique ability to accommodate medical, governmental, and retail occupiers:
Four level connected deck provides approximately 243 parking spaces. Elevator served and fully sprinklered with high deck-to-deck clearance on all floors. ±18,186 SF of ground floor space with vaulted ceilings. Parking deck directly accessible from ground floor and 3rd floor, allowing for separation from co-tenancies.
COASTAL URBAN CENTER WITH WORLD CLASS AMENITIES
* Approximately $3.5 billion in development underway in Long Beach, which would add 7,000+ housing units and 1,000+ hotel rooms to the city. The forthcoming 2028 Summer Olympics, with several events hosted in Long Beach, is attracting significant investment in the city’s real estate. The city’s proactive Specific Plan is transforming the Property’s surrounding area into a dynamic live-work environment.
* Downtown Long Beach (“DTLB”) is ranked as one of the Nation’s top 10 most walkable cities by Walkscore.com. The property’s location, with its central location is described as a “Walker’s Paradise” with its 98 Walk Score. This location offers pedestrian-friendly streets with access to abundant amenities and public transit system.
* The Property straddles Downtown Long Beach’s most exciting neighborhoods:
Pine Avenue Promenade is known as the "pulse-center of DTLB" and offers premium entertainment life with diverse food selections. East Village is distinctly indie & artistic and is one of DTLB's most intimate neighborhoods, filled with boutique shops and creative businesses.
EXCELLENT REGIONAL ACCESS
* DTLB is served by a integrated multi-modal transportation network that makes local and regional access fluid and seamless. Directly across from the Property is the 1st Street Station of Metro’s Blue Line, a 22-mile rail line that connects Long Beach to Downtown Los Angeles and beyond.
* Two miles from the Property is I-710, which connects to I-405 and the region’s vast network of freeways. Long Beach International Airport is also only ±7 miles away.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
49,827 SF
Building Class
B
Year Built
1981
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
16,609 SF
Slab To Slab
11’
Building FAR
0.99
Lot Size
1.15 AC
Zoning
LBPD30
Parking
243 Spaces (4.88 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Street front exposure, large open area, men/women' s restroom, potential for outdoor patio
Large open bull pen
One private office, large call center or conference room, kitchen, large bullpen
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 18,186 SF | Retail | Partial Build-Out | Now |
| 2nd Floor | 12,003 SF | Office/Retail | Full Build-Out | Now |
| 3rd Floor | 19,638 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 18,186 SF |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 12,003 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 19,638 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 18,186 SF |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
Street front exposure, large open area, men/women' s restroom, potential for outdoor patio
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 12,003 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Large open bull pen
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Floor
| Size | 19,638 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
One private office, large call center or conference room, kitchen, large bullpen
1 of 1
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 7281-018-015 | Improvements Assessment | $5,674,227 |
| Land Assessment | $5,070,584 | Total Assessment | $10,744,811 |
PROPERTY TAXES
Parcel Number
7281-018-015
Land Assessment
$5,070,584
Improvements Assessment
$5,674,227
Total Assessment
$10,744,811
Contacts
-
Mark Shaffer -
Gerard Poutier -
Dylan Rutigliano -
Bryan Johnson -
Nick Williams -
Anthony DeLorenzo -
CBRE, Inc.
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Bank of America | 150 Long Beach Blvd
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