Corner-Lot Multifamily Development
For Sale
$749,000
3061 Long Beach Blvd, Long Beach, CA 90807
Corner-lot site with conditionally approved plans for a three-story, 14-unit apartment project.
Property SizeContact for details
Days on Market87
Property Features for 3061 Long Beach Blvd
General Information
Standard status
Active
Listing Agency:
Keystone Realty Group
(909) 994-9090
Listed By:
Samir Rai · License #01868728
(909) 994-9090
Source:
Exprealty
Added: May 19
Changed: Aug 8
Last Checked: Aug 12 at 10:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keystone Realty Group
Investment Insights
Based on property information with market context.
Located at 3061 Long Beach Blvd, this corner-lot multifamily development site is being offered with conditionally approved plans for a three-story apartment project totaling approximately 13,000 SF with 14 units, including 3 affordable units. The proposed design includes no on-site parking requirement, a factor that can reduce future construction scope and cost.
The property sits within a designated transit corridor along a major transit corridor in Long Beach. It is currently occupied by a cooperative month-to-month tenant who covers all day-to-day operational responsibilities, providing interim revenue while entitlement and permitting are underway.
Interim income is currently reported at $4,000 per month, and the tenant is described as willing to work with the new owner to update their lease terms or price.
The property sits within a designated transit corridor along a major transit corridor in Long Beach. It is currently occupied by a cooperative month-to-month tenant who covers all day-to-day operational responsibilities, providing interim revenue while entitlement and permitting are underway.
Interim income is currently reported at $4,000 per month, and the tenant is described as willing to work with the new owner to update their lease terms or price.
Key Highlights
- Corner‑lot multifamily development site in Long Beach’s transit corridor
- Conditionally approved plans for a 3‑story, 14‑unit apartment project
- Planned project size: 13,000 SF
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,604
Businesses Nearby
Explore this area
Business Placement
Demographics for 90807, CA
32,412
Population
13,345
Households
2.4
Avg Household Size
41
Median Age
45%
College-Educated
90%
High-School Grad
4.4 sq mi
ZIP Area
7,366
Density / Sq Mi
$95,079
Median Household Income
$56,392
Median Earnings
$1,892
Median Rent
$832,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Corner-lot site with conditionally approved plans for a three-story, 14-unit apartment project.
Where is this apartment building located?
The property is located at 3061 Long Beach Blvd Long Beach, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Corner‑lot multifamily development site in Long Beach’s transit corridor; Conditionally approved plans for a 3‑story, 14‑unit apartment project; Planned project size: 13,000 SF
