$3,995,000 - 228 Elm Avenue, Long Beach

  • 0Beds
  • Baths
  • SQ. Feet
  • 0.27Acres

Deep in Downtown Long Beach, we present for sale a double-lot with tremendous potential. Take advantage of Long Beach's recent Downtown Plan which takes the PD-30 Zoning and turns it upside down, giving you the potential to be part of the high-rise LB Downtown community! The Sellers are offering a Conceptual Design for 51 residential units with one level of subterranean parking and one parking level on grade (for a total of 48 parking spots). The Conceptual Design includes a mix of Studios, Ones and Twos, utilizing some aspects of the new Long Beach Micro Unit Pilot Program (which hopes to add 500 micro-units to the LB Central Downtown Core). This tremendous opportunity is in the thick of things, surrounded by everything, right by the Convention & Entertainment Center and well under a mile from the beach! Options are practically endless for this Opportunity Zone site in the booming Long Beach market! Sale includes residential and parking income. 2 APNs: 7281-016-009 & 7281-016-052.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:20636036
  • Price:$3,995,000
  • Acres:0.27
  • Type:Lot-Land
  • Sub-Type:Lots and Land
  • Status:Active

Community Information

  • Address:228 Elm Avenue
  • Area:Downtown Area, Alamitos Beach (4)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90802

Additional Information

  • Date Listed:September 22nd, 2020
  • Days on Market:117
  • Zoning:LBPD30

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Naples (na)

  • City:
    Long Beach
  • Price Range:
    $4,000,000 - $4,000,000
  • Current Listings:
    1
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $
  • Link:
    Naples (NA) Homes For Sale
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Provided By: Dario Svidler(01884474), Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of January 18th, 2021 at 4:01pm CST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.