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Ocean Center Apartments 110 W Ocean Blvd 80 Unit Apartment Building For Sale Long Beach, CA 90802
Investment Highlights
- Iconic 14-story high-rise Designed by Raymond Kennedy fully restored in 2024 with 80 luxury units and ±10,000 SF of retail.
- Early lease-up with strong demographics and proximity to growing aerospace, healthcare, and port employment hubs.
- Residences feature restored historic finishes , expansive layouts, high ceilings, and sweeping ocean views
- Prestigious waterfront location at Ocean & Pine with a 94 Walk Score in Long Beach’s most affluent neighborhood.
- Surrounded by over $1B in public investment, including a new amphitheater, Olympic infrastructure, and Civic Center.
- Prime setting for short-term or furnished rentals with immediate access to year-round events, transit, and attractions
Executive Summary
Ocean Center is a generational opportunity to acquire one of Southern California’s most iconic coastal assets —a 14-story 1929 construction designed by the famous architect Raymond Kennedy and newly repositioned as a luxury multifamily and retail property in the heart of Downtown Long Beach. The former office tower has undergone a meticulous, design-forward adaptive reuse at the City’s most prominent intersection: Ocean and Pine.
Property Facts
| Sale Type | Investment | Lot Size | 0.40 AC |
| No. Units | 80 | Building Size | 114,827 SF |
| Property Type | Multifamily | No. Stories | 14 |
| Property Subtype | Apartment | Year Built | 1929 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.72/1,000 SF |
| Building Class | B | ||
| Zoning | LBPD6 | ||
| Sale Type | Investment |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 114,827 SF |
| No. Stories | 14 |
| Year Built | 1929 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | LBPD6 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
Site Amenities
- Clubhouse
- Fitness Center
- Waterfront
- Roof Terrace
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | 520 - 904 |
| 1+1 | 35 | - | 632 - 1,168 |
| 1+1.5 | 1 | - | 1,168 |
| 2+1 | 3 | - | 909 - 919 |
| 2+2 | 17 | - | 932 - 2,158 |
| 2+2.5 | 2 | - | 2,158 |
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Numbers | Improvements Assessment | $18,148,376 | |
| Land Assessment | $4,494,421 | Total Assessment | $22,642,797 |
Property Taxes
Parcel Numbers
Land Assessment
$4,494,421
Improvements Assessment
$18,148,376
Total Assessment
$22,642,797
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Ocean Center Apartments | 110 W Ocean Blvd
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