5150 Pacific Coast HwyLong Beach, CA 90804
- Office properties
- 116,184 SF
Property Details for 5150 Pacific Coast Hwy
- Year built
- 1981
- Construction
- STEEL FRAME
- Lot size
- 1.17 AC
- Property size (Sq ft)
- 116,184 SF
- Zone code
- LBCCA
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 7220-018-009
- APU
- 7220018009
Description
This exceptional Class A office space in Long Beach's Park Tower offers stunning views and recently renovated suites. Located at 5150 E. Pacific Coast Hwy, 2nd Floor, Long Beach, CA 90804, this prime location boasts easy access to major freeways (405, 22, and 605) and is within walking distance of restaurants and shops. The building, a 4,280 square foot executive office tower in Los Angeles County, features multiple tenancies with a minimum divisible space of 120 square feet and a maximum contiguous space of 280 square feet. Currently, 3,575 square feet of space is available, offering flexibility for businesses of various sizes. Nine individual spaces are available, ranging in size from 110 to 280 square feet. The building's amenities are well-appointed, enhancing the professional atmosphere. This is an unparalleled opportunity to establish your business in a prestigious, convenient, and visually appealing location. The building's corner location at PCH and Anaheim provides excellent visibility and accessibility. Enjoy the benefits of a modern, well-maintained Class A office space with breathtaking views. This property is perfect for businesses seeking a high-quality, conveniently located office space in a vibrant Long Beach setting.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $28,627,584
- 6.5%
- $26,425,462
- 7%
- $24,537,928
-
Comparable approach
- Method
- Valuation
- Relative Method
- $37,060,372
- Geo Method
- $37,060,372
-
Alternative Use
- Use
- Valuation
- Residential
- $32,767,572
- Hospitality
- $30,014,920
- Educational
- $24,972,060
- Medical
- $25,830,888
- Retail
- $38,845,428
Location Insight
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Latitude
- 33.783
- Longitude
- -118.134
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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