917 Pine Ave Long Beach, CA 90813
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LBR4N · Long Beach, CALong Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.