REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Austin Carr, DRE #01986298 • Realty One Group United

$ 1,600,000

Est. payment | -/mo

0.35 Acres Lot

Save

$ 1,600,000

Est. payment | -/mo

Save

0.35 Acres Lot

Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRPW25256090

Year Built 1936

Lot Size 0.354 Acres

Source California Regional MLS

Property Description

Value add mixed use property for sale in Long Beach along with separately parceled parking lot in rear on apartments. Total land size of 15,431 SF between both lots. Long terms owners and tenants with two retail units, 7 apartments units, and an excess of parking on Long Beach Blvd. A new owner has the opportunity to convert the two retail units out front into ADU's as well as build additional housing in the separate parking lot in the rear of the property. Owner only pays water and property taxes, separately metered for gas and electric. 1757 Long Beach Blvd, Long Beach, CA 90813, falls within the Midtown Specific Plan (SP-1) zoning area. This zoning allows for a variety of mixed- use developments, focusing on pedestrian-friendly commercial and residential project. With 4 stories and a Floor Area Ratio (FAR) of 2.0 (assumed based on typical mixed-use zoning), the total buildable area is 17,482 square feet. This can be spread across four stories, giving you 4,370.5 square feet per story (17,482 sq ft / 4 stories). You can build structures that combine retail spaces, offices, or residential units, such as apartments or condominiums, in mid- to high-density formats. A new owner could build up to 32 units of 500 square feet each under an FAR of 2.0 in a height of 4 sto

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Laundry None

Exterior

Garage Spaces 29.0

Pool None

Building

Water District - Public

Others

Tax ID 7269019006

Special Listing Condition Not Applicable , Accepting Backups

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

1757 Long BCH Long Beach, CA 90813