This medical office property in the Bixby Knolls submarket offers a rare opportunity for investors or owner-users seeking a well-located asset in Long Beach. The building spans approximately 5,996 square feet and sits on a 0.41-acre parcel, providing ample surface parking with 26 spaces. Zoned LBCCA, the site supports a range of retail and service uses, enhancing its long-term adaptability. The property features four suites, two of which are secured by long-term leases, one on a month-to-month basis, and one currently vacant, offering immediate upside potential. Recent improvements include a new roof membrane applied in 2020, reducing near-term capital expenditure requirements.
Positioned near the 405 and 710 freeways, the location ensures excellent regional connectivity and convenient access to surrounding business districts. The property’s proximity to major transportation corridors and the vibrant Bixby Knolls neighborhood makes it an attractive choice for medical professionals and investors seeking stability and growth in a dynamic market. Priced by sales comparable approach. 4 Suites Total: 2 long term leases, 1 MTM, 1 vacancy.