Molina Center - 200 Oceangate - 200 Oceangate, Long Beach, CA

Property Type Office - General Office
Property Size 229,818 SF
Lot Size 4.87 Acre
Parking Spaces Avail. 689
Parking Ratio 3.00/ 1,000 SF
Property Tenancy Single Tenant
Building Class A
Year Built 1983

Location

Map
Street

City Long Beach, CA
Neighborhood West End Long Beach
Zip Code 90802
Market Los Angeles

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 29 Aug, 2019
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Long Beach

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Long Beach Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $30.81
2020 Office Vacancy Rate 16.45%
2020 Office Completions (SF)

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Tax

Property Tax in 2021-2022 $3,987,096
Market Value* $334,740,590
Assessed Value $334,740,590

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Molina Center - 200 Oceangate?

Molina Center - 200 Oceangate totals 229,818 square feet.

When was this property built?

Molina Center - 200 Oceangate was built in 1983.

When was Molina Center - 200 Oceangate last sold?

Molina Center - 200 Oceangate was last sold on 29 Aug, 2019.

What is the property tax for Molina Center - 200 Oceangate?

The property tax for Molina Center - 200 Oceangate in 2021-2022 was $3,987,096.

What is the market value for Molina Center - 200 Oceangate?

The market value* for Molina Center - 200 Oceangate in 2021-2022 was $334,740,590.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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