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Off Market
1/3

1012 & 1020 E. 10th St. & 940 MLK Jr. Ave.
Long Beach, CA 90813


HIGHLIGHTS

  • Located in an Opportunity Zone (Tract ID: 06037576401)
  • Long Beach Enhanced Density Bonus (EDB) Qualifying
  • Located within the City of Long Beach Downtown Plan (PD-30)
  • Nearby access to major public transit AB-2097 applicable

OVERVIEW

1012 & 1020 10th Street as well as 940 Martin Luther King Ave total 18,017 SF of developable area. 1012 E 10th Street consists of a 7,511 SF lot with a 925 SF Single Family Residence and a 2000 SF Commercial Building. Both 1020 E 10th Street (7,511 SF) and 940 Martin Luther King Jr Avenue (2,994 SF) are Vacant Lots zoned LBR4N with Multi-Family development potential. These lots are located in an Opportunity Zone allowing for major development possibilities and tax benefits for new buyers. In addition to these benefits, development in this area would coincide with the Long Beach Downtown plan as well as the Opportunity Zone Social Impact principles.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Multifamily Mixed-Use Opportunity Zone

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Apartment Units

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

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APN/PARCEL ID

7274-023-008,7274-023-009,7274-023-011