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Avison Young tapped to market iconic Ocean Center, an adaptive reuse high-rise multifamily tower in Downtown Long Beach

Avison Young tapped to market iconic Ocean Center, an adaptive reuse high-rise multifamily tower in Downtown Long Beach July 30, 2025

Long Beach, Calif. – Global real estate advisory firm, Avison Young, has been exclusively retained to market Ocean Center, one of Southern California’s most beautiful coastal assets, located at 110 West Ocean Boulevard in downtown Long Beach. The property, which recently completed a meticulous renovation, features 80 luxury apartments and over 10,000 square feet (sf) of ground floor retail space.

The marketing assignment is led by Avison Young’s Damian McKinney, Principal & Managing Director, and Peter Sherman, Principal & Head of U.S. Multifamily & Development on behalf of the seller, Pacific6 Enterprises, who acquired the asset in 2018.

Built in 1929, the 14-story Ocean Center totals 141,792 sf and is currently approximately 60% occupied.

"Ocean Center is a unique opportunity to own a landmark property that fuses timeless architecture with modern luxury," said Sherman. “It is a rare for-rent residential high rise with expansive ocean views. The vast majority of luxury rental communities, including new construction, in downtown Long Beach are inland and six- to eight-story builds. The property is primed for rent growth and strong performance.”

On site amenities include a fitness center, community clubroom with kitchen, three rooftop decks with panoramic water views, barbeque grills, bike storage, and lockers, among other features. The apartment units include modern cabinetry, private decks and balconies in select units, quartz countertops, stainless steel appliances and other upgrades.

Strategically located at the corner of Ocean Boulevard and Pine Avenue—downtown Long Beach’s most prominent intersection—Ocean Center delivers architectural pedigree, an irreplaceable location value, and significant upside in a high-growth coastal market.

“Beyond its investment fundamentals, Ocean Center offers something truly rare: a chance to steward a piece of California history,” added McKinney. “This property is a landmark in every sense—from its architecture to its location, and now, its place in the next chapter of downtown Long Beach’s growth story.”

Originally designed by legendary architect Raymond M. Kennedy of Meyer & Holler—the firm behind Hollywood’s famed Grauman’s Chinese and Egyptian Theaters—Ocean Center is a hallmark of Spanish Renaissance Revival architecture. The recent adaptive reuse honors this rich history by preserving defining features such as original terrazzo floors, vintage elevators, and ornate façade detailing, while introducing 80 boutique residential units and  ground floor retail.

Downtown Long Beach’s waterfront is the city’s most affluent neighborhood, with average household incomes of $145,023. Over $1 billion in public investment is transforming the area, including the $900 million Shoemaker Bridge Replacement, $520 million Civic Center, $350 million in Metro upgrades, and $932 million in Olympic-related infrastructure. A new waterfront amphitheater by Legends Hospitality is set to open in 2026, further elevating the district’s cultural draw. The area’s professional renter base is fueled by a year-round calendar of high-profile events and an amenity-rich coastal lifestyle.

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2025 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 14 consecutive years.

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Darcie Giacchetto, Senior Media Relations & Content Specialist – Southwest: +1.949.278.6224