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  • Weekly Los Angeles Newsletter February 8, 2026

Weekly Los Angeles Newsletter February 8, 2026

Stay up to date on Los Angeles real estate news.

 

24-story Long Beach office tower at 111 W. Ocean Blvd. to become housing

Izek Shomof acquired the property last year for $50 million

24-story Long Beach office tower at 111 W. Ocean Blvd. to become housing

In decades past, developer Izek Shomof converted numerous landmark buildings in Downtown Los Angeles into housing. Now, he's set his sights on a different on the center of the region's second large city some 20 miles south.

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