Listing Agency: Lee & Associates - Long Beach s***@lee-associates.com Show Phone

Listed By: Noël Aguirre · License #CA 01263417

Source: Crexi

Added: Nov 13, 2023 Changed: Aug 12 Last Checked: Aug 11 at 1:05PM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity encompassing approximately 0.17 acres. It is situated in the North Pine area of Downtown Long Beach. The location is within a planned development area that supports high-density and mixed-use projects. This planning aims to promote transit accessibility, pedestrian-friendly environments, and employment opportunities. An adjacent parcel of similar size, located at 909 Pine Ave, is slated for development into 49 micro units along with six affordable housing units.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Clothing & Fashion Store (Bike/Boat/Book/etc) Store Pet Store & Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,256

Businesses Nearby

Explore this area Business Placement

Demographics for 90813, CA

54,565

Population

18,603

Households

2.9

Avg Household Size

32

Median Age

16%

College-Educated

63%

High-School Grad

3.1 sq mi

ZIP Area

17,602

Density / Sq Mi

$50,302

Median Household Income

$31,450

Median Earnings

$1,578

Median Rent

$543,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 0.17 acre development opportunity in Downtown Long Beach.

Where is this commercial land located?

The property is located at 917 Pine Ave Long Beach, CA.

What is the asking price?

The asking price for this property is $1,350,000.