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923 Long Beach Blvd Long Beach, CA 90813

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For Sale
$3,500,000

Approved for 75 units, potential for 100 low-income units.

Source: Thomas Tway Agent Thomas Tway

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Entitled Land in Downtown Long Beach

This is an entitled land parcel for sale in the dense downtown sub-market of Long Beach, California. The City of Long Beach has approved entitlements for a 6-story residential development consisting of 75 apartment or condominium units, with 3 levels of subterranean parking. The lot size is 16,553 square feet. Located on Long Beach Blvd between 9th and 10th Street, the property is situated in the Long Beach Downtown submarket area. The zoning is LBPD30-Downtown Long Beach, Downtown Plan Area, making it a high-density development site. Recent city changes may allow building up to 80-85 units. With AB1287, the land can be approved for 100 units for low to middle-income housing. The property is sold with approved entitlements and existing architectural plans. The location offers excellent connectivity to Downtown Long Beach and neighboring cities.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Long Beach
County
Los Angeles
State
California
Longitude
-118.1898136
Latitude
33.7782105

FAQs

What type of property is this?
Land - Approved for 75 units, potential for 100 low-income units.
Where is this land located?
The property is located at 923 Long Beach Blvd Long Beach, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Approved entitlements for a 6-story residential development with 75 units and 3 levels of subterranean parking.; - Potential to increase unit count to 80-85 units due to recent city changes.; - Opportunity for 100 units for low/middle income housing with AB1287 approval.
More about this property
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