5150 Pacific Coast HwyLong Beach, CA 90804

  • Office properties
  • 116,184 SF
For Lease
$4.25/SF/YR View listing

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
5150 Pacific Coast Hwy, Long Beach, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$390,405
$6,826,975
$22,489,197
$29,316,172
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