2700 Bellflower BlvdLong Beach, CA 90815

Property Details for 2700 Bellflower Blvd

Year built

1965

Construction

CONCRETE

Lot size

1.33 AC

Property size (Sq ft)

23,520 SF

Zone code

LBCCA

Property type

Healthcare properties

Property subtype

Medical offices

APN

7227-022-022

APU

7227022022

Description

This exceptional three-story medical office building, located at 2700 N Bellflower Blvd in Long Beach, California, presents a rare opportunity for medical professionals. The property boasts a total of 23,520 square feet situated on a spacious 57,921 square foot lot. Built in 1965, the building is currently 100% occupied by medical tenants, reflecting its strong desirability within the medical community. Two available suites range from 863 to 1,282 square feet, offering flexibility for various medical practices. One suite is already built out as a dental office, providing a turnkey solution for a dental practice. The building features convenient amenities including two elevators, ample on-site parking accommodating 104+ vehicles, and two ADA-compliant restrooms on each floor. The property's location in Los Angeles County, zip code 90815, offers excellent accessibility and visibility. The property's APN is 7227-022-022. This is a single building with multiple tenants. This prime location and well-maintained building provide an ideal setting for medical practices seeking a thriving and established environment. The building's strong occupancy rate underscores its appeal and potential for long-term success. Serious inquiries are encouraged to explore this unique opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,795,296

  6.5%

  $5,349,504

  7%

  $4,967,397

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,502,410

  Geo Method

  $7,502,410

• Alternative Use

  Use

  Valuation

  Residential

  $6,633,386

  Hospitality

  $6,076,146

  Educational

  $5,055,282

  Medical

  $5,229,141

  Retail

  $7,863,772

Location Insight

City

Long Beach

County

Los Angeles

State

California

Latitude

33.8056

Longitude

-118.125

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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