Elm/14th 3 parcels Dev. Site 1/2 acre + FOR SALE


Long Beach, CA - Downtown Long Beach
$1,398,000 USD
562-335-5269
, Long Beach, CA for Sale
$1,398,000 USD
FOR SALE
1/2
null | 4.3% Cap Rate

Elm/14th 3 parcels Dev. Site 1/2 acre +
Long Beach, CA
Downtown Long Beach


HIGHLIGHTS

  • 5 available contiguous parcels could make over 1/2 acre of buildable land

OVERVIEW

Rare development opportunity in the heart of Long Beach. These two contiguous parcels are being offered together and present a unique investment opportunity in an established urban neighborhood. Currently leased and occupied by the Long Beach Unified School District, the property is being sold as land only. Portable classroom/building structures currently located on site are tenant-owned personal property and are not included in the sale. These parcels may also be purchased as part of a rare 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land. Opportunities of this scale and flexibility are exceptionally rare, especially where assembling multiple adjacent parcels can take years. Whether acquired for income with existing tenancy or as part of the larger assemblage for thoughtful, profitable redevelopment, this offering presents compelling long-term potential. Buyer to verify zoning, development possibilities, lease terms, and all intended uses with the City of Long Beach. Additional addresses for sale by same owner include 1403, 1425 and 1429 Elm. See private remarks for more information regarding additional contiguous parcels.

ASK ABOUT THIS PROPERTY

Amy BrickAmy Brick-Brick & Co Real EstateMore Info
562-335-5269

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Amy BrickAmy Brick-Brick & Co Real EstateMore Info
562-335-5269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.