110 W Ocean Blvd

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, delivering 80 distinctive residences and ±10,000 SF of ground floor retail at the City’s most prominent intersection: Ocean and Pine.

Steps from the waterfront and surrounded by walkable amenities, Ocean Center blends historic charm with modern elegance—featuring over 40 unique floor plans, expansive ocean views, and legacy Mediterranean Revival architecture. The property is early in lease-up (~56% leased) but primed for performance, with top comps in the area achieving stabilized rents exceeding $5.00/SF.

This is an asset with unmatched replacement cost value, heritage appeal, and strategic positioning ahead of the 2028 Olympic Games, for which Long Beach is a major host city. With Mills Act tax benefits, proven upside through operational optimization, and the ability to incorporate furnished or short-term rentals, Ocean Center offers investors a rare 7% unlevered, untrended Year 2 yield—without development risk.

For those seeking enduring value, irreplaceable location, and architectural pedigree in a high-growth coastal market, Ocean Center represents a true legacy investment.

Own an icon. Invest in legacy.