Long Beach, CA 90813,1757 Long Beach BLD
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Long Beach, CA 90813,1757 Long Beach BLD
Long Beach, CA 90813,1757 Long Beach BLD
Long Beach, CA 90813,1757 Long Beach BLD
Long Beach, CA 90813,1757 Long Beach BLD
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$ 2,500,000
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Price Dropped by $500K

1757 Long Beach BLD Long Beach, CA 90813

8,741 Sqft Lot


UPDATED:

11/16/2024 09:39 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW24211879

Originating Board California Regional MLS

Year Built 1936

Lot Size 8,741 Sqft

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 stories or you cou

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Laundry Other

Exterior

Garage Spaces 19.0

Pool None

Building

Water District - Public

Others

Tax ID 7269019006

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by Austin Carr • Realty One Group United
agent

Jesse Jin

DRE#02096336

+1(510) 381-4737

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1757 Long Beach BLD