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    917 Pine Ave Long Beach, CA 90813

    Sponsored
    For Sale
    $1,399,000

    Prime 0.17-acre lot, high-density potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.17-acre development opportunity is situated at 917 Pine Avenue in the vibrant North Pine area of Downtown Long Beach, California (APN 7273-014-013). The property is offered fee simple and zoned PD30, allowing for high-density and mixed-use development. This zoning designation actively promotes transit-oriented development, walkability, and job creation, aligning with the city's vision for sustainable urban growth. The site's potential is further enhanced by its proximity to the adjacent parcel at 909 Pine Avenue, which is slated for the construction of a 49-unit micro-apartment building, including six affordable units. This neighboring development underscores the area's strong demand for residential housing and its suitability for high-density projects. The asking price for this exceptional land parcel is $1,399,000. This presents a unique chance to capitalize on the burgeoning growth and revitalization of Downtown Long Beach, creating a significant return on investment in a thriving urban environment. The property's location in Los Angeles County, zip code 90813, offers easy access to major transportation arteries and a wealth of amenities. This is a rare opportunity to acquire a strategically located parcel in a rapidly developing area of Long Beach.

    Property Features for 917 Pine Ave

    General Information

    Property type
    Land
    Lot Size
    7,405 SF

    HighLights

    • 0.17‑acre development site at 917 Pine Avenue, Downtown Long Beach, CA (APN 7273‑014‑013).
    • Fee simple ownership with PD30 zoning allowing high‑density mixed‑use development.
    • Adjacent to a planned 49‑unit micro‑apartment building, indicating strong residential demand.
    • Asking price: $1,399,000.
    • Located in Los Angeles County, zip code 90813, offering excellent access to transportation and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm 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
    -118.19237101141
    Latitude
    33.778200680255

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    FAQs

    What type of property is this?
    Land - Prime 0.17-acre lot, high-density potential.
    Where is this 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 $1,399,000.
    What are key features of this property?
    This property features: 0.17-acre development site at 917 Pine Avenue, Downtown Long Beach, CA (APN 7273-014-013).; Fee simple ownership with PD30 zoning allowing high-density mixed-use development.; Adjacent to a planned 49-unit micro-apartment building, indicating strong residential demand.
    (562) 354-2526
    Request Owner's contact information
    917 Pine Ave Long Beach, CA 90813
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    Long Beach, CA 90813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    917 Pine Ave Long Beach, CA 90813
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