Earlier this month, property management and development firm Greystar marked formal introduction of its new adaptive reuse project in Downtown Long Beach with a showcase event.

The property at 200 West Ocean Boulevard, which quietly opened in 2022 following years of construction delays under previous ownership, consists of a nine-story building which was completed in the 1960s, and most recently housed offices for telecom giant Verizon. Following its adaptive reuse, the mid-century structure is now how to 98 apartments.

Aerial view of 200 West Ocean looking southwestGreystar

A leasing website for the property advertises a mix of studio, one-, two-, and three-bedroom dwellings. Monthly rents are listed as ranging from as low as $3,110 per month to as much as $13,210.

Designed by Studio One Eleven, the project refreshed the exterior and lobby of the of the 200 West Ocean, while also adding amenities the property as a pool deck, a courtyard, a fitness center, and a clubroom.

The site sits in a busy section of Downtown Long Beach, across the street from the Oceanaire apartments, another recent addition to the Downtown residential market, and the revamped Long Beach Civic Center.

200 Ocean BoulevardGoogle Maps

The 200 Ocean building also sits two blocks west of the historic Breakers Hotel, a 1920s landmark which is in the midst of a conversion back to a hotel by local developer Pacific6.

Other Greystar projects now taking shape in the Los Angeles market include a pair of mixed-use apartment buildings on Sunset Boulevard in Hollywood.

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