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1548 Pacific Ave Long Beach, CA 90813

OFF-MARKET Mixed-use properties Google Maps
0.17 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US09-6847562

Property summary

AI-generated overview

This exceptional 0.17-acre lot in Long Beach, California, presents a unique redevelopment opportunity. Located at 1548 Pacific Ave, in the desirable 90813 zip code, this property is zoned RMU4-A, allowing for a mixed-use development. The lot dimensions are 50' x 150', offering significant potential for a residential or mixed-use project. The RMU4-A zoning permits higher-density residential uses, with a maximum floor area ratio (FAR) of 1.5, potentially allowing for a 4-5 story building with commercial space. This location offers unparalleled convenience, within walking and biking distance to various amenities and two LA Metro stops. The seller is motivated and open to joint venture possibilities, making this an attractive investment for developers seeking to capitalize on Long Beach's thriving real estate market. The property's prime location and flexible zoning regulations create a compelling opportunity to build a high-density residential project with potential for integrated commercial uses, catering to the growing demand for housing and neighborhood services in this dynamic area of Los Angeles County. This is a rare chance to acquire a strategically located parcel in a rapidly developing part of Long Beach.

Property profile

Verified
Property type Mixed-use properties
Lot 0.17 ac (7,405 SF)
UPID US09-6847562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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