Skip To Content

    228 Elm Ave

    Long Beach, CA 90802
    • $3,995,000
    • STATUS: Active
    • ON SITE: 204 days
    • MLS #: 20-636036
    UPDATED: 34 min ago
    $3,995,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-15T10:42:21.85. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/110273792
    Print Image

    228 Elm Ave Long Beach, CA 90802

    • Price: $3,995,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 20-636036
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    Neighborhood:
    Downtown Area, Alamitos Beach
    County:
    Los Angeles
    Area:
    Downtown Area, Alamitos Beach
    Property Description
    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.
    Exterior Features

    Cross Streets Broadway And Elm Lot Location Alley Access Lot Size Area 12075 Road Frontage 80 View Description Other View YN Yes

    Property Features

    Cable YN Yes Inclusions Tenants. Two Apns: 7281-016-009 & 7281-016-052 Potential Usage Build 51 Units Or More. Micro Units Possible. High Rise An Option. Present Use Four Rental Units And A Parking Lot. Sale Type Standard Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Zoning Lbpd30

    Listing provided courtesy of Dario Svidler DRE#01884474 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-15T10:42:21.85. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-636036-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-636036-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-636036-2.jpg
    Logo
    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253