Description
Excellent opportunity to develop 60–70 subsidized affordable or moderate-income units on a lot in long beach’s midtown specific plan area. just 350 ft from a metro rail station, near a built and running subsidized apartment building, this high-visibility site supports up to 10 stories, with no parking requirement under sp-1tn zoning. these are two adjoning parcels apn: 7269-021-019 (318 e esther st) and apn: 7269-021-020 (1730 long beach blvd)
highlights:
strong city support with access to grants, tax credits & rental subsidies
estimated post-entitlement value: $2.9m–$3.1m
appraised “as-is” value: $2.03m (feb 2025)
surrounding land comps as high as $9.9m
short path to entitlements
this is a rare chance to capitalize on long beach’s growing demand for affordable housing.
contact us for the full appraisal, comps, and city incentive info.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
50281881
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.298
- Lot Size Source: Assessor
- Lot Size Square Feet: 12981
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Listing Information
Listing Price Information
- Original List Price: 1,500,000
- Listing Contract Date: 2025-06-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 7269021019
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 1912
- Directions: SE Corner of Long Beach Blvd and Pacific Coast Highway
- Zoning: LBPD29
- Source Property Type: Land
- Area: 699 - Not Defined
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 07/04/2025 @ 16:43
- MLS: SR25143359
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 12,981 sized lot, and 0 parking. are nearby neighborhoods.