Check Availability

555 East Ocean Boulevard

555 East Ocean Boulevard, Long Beach, CA 90802
555 East Ocean Boulevard in Long Beach, CA was first built in 1967 and is 57 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a office property type. 555 East Ocean Boulevard has 138,592 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 69,990 square feet.

Learn more about the property and building on this page. The building type has been coded as 2. The code stands for buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete control joints. The property was last sold in Jan 13, 2006 for $17,125,000. That's $123.56 per sqft. 555 East Ocean Boulevard was last assessed in 2023. The total value of the property was assessed at $22,494,051. Specifically, the land the property is located on was valued at $9,325,998. While improvements on the property were assessed at a total of $13,168,053. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $318,749. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 69,990
  • Total Building Area: 138,592
  • Gross Building Area: 138,592
  • Building Area: 138,592
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 138,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Office
  • Subdivision: TOWNSITE OF LONG BEACH
  • Land Acres: 1.607
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: LONG BEACH VAC ALLEY ADJ ON S AND W AND LOT 23 AND VAC ALLEY ADJ ON S AND LOT 24AND LOTS 25,26,27,28,29 AND 30 AND VAC ALLEY ADJ ON W AND LOT 31 AND LOTS 32, 33,34,35 AND LOT 36 BLK 115

Ownership

  • Current Owner : 555 OCEAN LP
  • Previous Owner : 555 EAST OCEAN BLVD LLC
  • Owner Before Previous Owner: SHAGHAN SECURITIES LLC
  • Ownership Rights Codes: Tenants in Common
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 576001

Zoning

  • Zoning: LBPD30

Geography

  • Assessors Map Reference: 75-D6
  • Parcel: 7281-024-013
  • Block: 115
  • Lot: 23,24
  • Municipality: HALL OF ADMIN/LONG BEACH
  • Latitude: 33.7669
  • Longitude: -118.186

    Address

  • Full Address: 555 E Ocean Blvd
  • Address - House Number: 555
  • Street Direction: E
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 5003
  • Zip Code: 90802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $318,749
  • Tax Rate Code Area: 05-536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,750,000
  • First Open Lien Mortgage Lender: HOROWITZ FAMILY TRUST
  • First Open Lien Mortgage Recording Date: Oct 28, 2003
  • First Open Lien Mortgage Loan Amount: $1,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,494,051
  • Assessed Land Value: $9,325,998
  • Assessed Improvements Value: $13,168,053

    Sales

  • Current Sale Contract Date: Jan 13, 2006
  • Current Sale Recording Date: Jan 20, 2006
  • Current Sale Transaction ID: 1030400942
  • Current Sale Price: $17,125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 06-0143935
  • Previous Sale Recording Date: Oct 17, 2002
  • Previous Sale Contract Date: Oct 15, 2002
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LWSC LLC
  • Previous Mortgage Transaction Date: Oct 17, 2002

About Downtown Long Beach



Similar Buildings

Property at 555 East Ocean Boulevard,

10 Atlantic Avenue

  • 1 Unit for Sale
10 Atlantic Avenue, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

488 East Ocean Boulevard

  • 1 Unit for Sale
488 East Ocean Boulevard, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

700 East Ocean Boulevard

  • 2 Units for Sale
700 East Ocean Boulevard, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

122 Elm Avenue

  • 3 Units for Sale
122 Elm Avenue, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

140 Linden Avenue

  • 1 Unit for Sale
140 Linden Avenue, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

120 Alamitos Avenue

  • 1 Unit for Sale
120 Alamitos Avenue, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

952 East 2nd Street

  • 1 Unit for Sale
952 East 2nd Street, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

1030 East Ocean Boulevard

  • 1 Unit for Sale
1030 East Ocean Boulevard, Long Beach, CA 90802
Property at 555 East Ocean Boulevard,

133 The Promenade North

  • 1 Unit for Sale
  • 1 Story
133 The Promenade North, Long Beach, CA 90802

Nearby Rentals

Unit for rent at 617 Cedar Avenue, Long Beach, CA, 90802

$1,500 /mo

  • Studio
  • 1 Bath
  • 390 ft²
617 Cedar Avenue #12, Long Beach, CA, 90802 Listing by Juan Avendano
Unit for rent at 1212 Gladys Avenue, Long Beach, CA, 90804

$1,550 /mo

  • 1 Bed
  • 1 Bath
  • 260 ft²
1212 Gladys Avenue #305, Long Beach, CA, 90804 Listing by Dylan Gallagher
Unit for rent at 435 Rose Ave, Long Beach, CA, 90802

$1,395 /mo

  • Studio
  • 1 Bath
  • 350 ft²
435 Rose Ave #435 Rose Ave - 17, Long Beach, CA, 90802 Listing by Manager

Frequently Asked Questions

What neighborhood is 555 East Ocean Boulevard located in?
The 555 East Ocean Boulevard is a located in the neighborhood of Downtown Long Beach in Downtown Long Beach, Long Beach.
What is the average sales price for listings in 555 East Ocean Boulevard?
The average sales price for units in 555 East Ocean Boulevard is $0 currently.

Quantcast