USPS Truck Parking
New
For Sale
$1,799,000
317 Elm, Long Beach, CA 90802
Leased truck parking parcel with tenant-maintained operations and future development zoning in Downtown Long Beach.
Property Size7,512 SF
Lot Size0.17 Acres
Days on Market3
Property Features for 317 Elm
General Information
Standard status
Active
Size
7,512 SF
Lot size
0.17 Acres
Property subtype
Industrial
Zoning
PD-30
Net Operating Income
$118,750
Land
Land Use
parking
Entitled
No
Additional Details
Cap Rate
5.3%
Building Details
Building Size
7,512 SF
Year Built
1954
Tenancy
Single
Listing Agency:
Sage Real Estate Group, Inc.
Listed By:
Cody Charnell · License #01950585
(562) 896-3851
Source:
Elliman
Added: Sep 1
Last Checked: Sep 2 at 6:40PM
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 Sage Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
This 7,512-square-foot parking lot at 317 Elm is leased to the United States Postal Service for truck parking. The arrangement places property maintenance responsibility with the tenant, reducing the owner's day-to-day management obligations. A new five-year lease begins February 1, 2027.
The parcel is located across the alley from a major USPS facility in Downtown Long Beach and falls within the PD-30 zoning district. Walk Score is 97, Transit Score is 73, and Bike Score is 87, reflecting strong pedestrian, transit, and bicycle accessibility. The current lease term provides time to evaluate future development plans while maintaining the existing parking use.
The parcel is located across the alley from a major USPS facility in Downtown Long Beach and falls within the PD-30 zoning district. Walk Score is 97, Transit Score is 73, and Bike Score is 87, reflecting strong pedestrian, transit, and bicycle accessibility. The current lease term provides time to evaluate future development plans while maintaining the existing parking use.
Key Highlights
- 7,512‑square‑foot parking lot leased to the United States Postal Service for truck parking
- New five‑year lease begins February 1, 2027
- Tenant is responsible for property maintenance
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,063
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Leased truck parking parcel with tenant-maintained operations and future development zoning in Downtown Long Beach.
Where is this parking lot & garage located?
The property is located at 317 Elm Long Beach, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 7,512‑square‑foot parking lot leased to the United States Postal Service for truck parking; New five‑year lease begins February 1, 2027; Tenant is responsible for property maintenance
