deal image
110 W Ocean BlvdLong Beach, CA 90802
Ocean Center
Asset ClassMultifamily, Retail
overview of deal

Overview

Ocean Center is a rare opportunity to acquire a 14-story, architecturally iconic coastal asset in Downtown Long Beach. Originally built in 1929 by Raymond Kennedy and fully redeveloped in 2023, the property has been transformed into 80 luxury residences and ±10,000 SF of ground-floor retail at the city’s most prominent intersection—Ocean & Pine.

 

Access the Data Room

Investment Highlights

# Units
80
# Stories
14
Retail SF
10,000
Year Renovated
2023
  • 14-story coastal high-rise with 80 luxury units and retail
  • Prime Ocean & Pine location with 94 Walk Score
  • Early in lease-up with rents trending toward $5.00+/SF
  • $1B+ in surrounding public investment and Olympic infrastructure
  • STR & Furnished Rental Upside
  • Affluent demographic surrounded by high paying employment hubs
deal gallery image
deal gallery image
deal gallery image
110 W Ocean BlvdLong Beach, CA 90802
Queen Mary
Aquarium of the Pacific
The Pike Outlets
The Breakers Hotel
Long Beach Arena

Contact Us

Peter ShermanPrincipal and Head of U.S. Multifamily & Development

License #: CA DRE License #01472521

(424) 257-6475peter.sherman@avisonyoung.com
Rachel McKinneyAssociate

License #: CA DRE Lic. #02115595

(858) 243-0604rachel.mckinney@avisonyoung.com

Inquire

Listing provided by Revere CRE