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Additional details
$ 1,600,000
Est. payment /mo
Active
1730 Long Beach Long Beach, CA 90813
5,911 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID SR26115717
Lot Size 5,911 Sqft
Property Sub-Type Lots/Land
Property Description
Exceptional multifamily development opportunity in the rapidly transforming Midtown area of Long Beach. This offering consists of two adjacent vacant parcels totaling approximately 12,981 square feet, commonly known as 1730 Long Beach Blvd. (APN 7269-021-020) and 318 E. Esther St. (APN 7269-021-019). The properties are located directly across from the Metro light rail station and are situated within the highly desirable SP1TN (Special Purpose Transit Node) zoning overlay and Midtown Specific Plan. The site presents a rare opportunity for a developer to capitalize on Long Beachs strong push for higher density and affordable housing development. Current zoning and transit oriented development incentives may allow for the development of approximately 60+ multifamily units, with potential upside through evolving state and local housing legislation, including SB 79 transit oriented housing incentives. The property benefits from exceptional accessibility and proximity to major employment and lifestyle drivers, including Downtown Long Beach, the Port of Long Beach, Long Beach Airport, St. Mary Medical Center, CSU Long Beach, shopping, dining, and major transportation corridors. The transit node designation may significantly reduce parking requirements, creating additional development efficiency and density potential. Long Beach continues to experience substantial public and private investment ahead of the 2028 Olympics, while the City remains under pressure to add significant new housing inventory. Developers may also benefit from various affordable housing grants, incentives, and
Location
State CA
County Los Angeles
Direction Located on the east side of Long Beach Blvd., just south of Pacific Coast Highway and directly across from the Metro A Line ligh
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 7269021020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Aaron Berger, DRE#01944602 Rubix Realty
NEARBY SCHOOL & BUSINESS
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