ActiveLand · sale

1730 Long Beach

Long Beach, CA 90813

$1,300,000

  • 0.14 acres

Listed by Rubix Realty · MLS #SR26115717

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1730 Long Beach, Long Beach, CA 90813 · MLS #SR26115717

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A FEW THINGS TO NOTICE

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Property size

0.14 acres listed.

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THE PROPERTY

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Exceptional multifamily development opportunity in the rapidly transforming Midtown area of Long Beach. This offering consists of two adjacent vacant parcels totaling approximately 12,981 square feet, commonly known as 1730 Long Beach Blvd. (APN 7269-021-020) and 318 E. Esther St. (APN 7269-021-019). The properties are located directly across from the Metro light rail station and are situated within the highly desirable SP1TN (Special Purpose Transit Node) zoning overlay and Midtown Specific Plan.



The site presents a rare opportunity for a developer to capitalize on Long Beach’s strong push for higher density and affordable housing development. Current zoning and transit oriented development incentives may allow for the development of approximately 60+ multifamily units, with potential upside through evolving state and local housing legislation, including SB 79 transit oriented housing incentives.



The property benefits from exceptional accessibility and proximity to major employment and lifestyle drivers, including Downtown Long Beach, the Port of Long Beach, Long Beach Airport, St. Mary Medical Center, CSU Long Beach, shopping, dining, and major transportation corridors. The transit node designation may significantly reduce parking requirements, creating additional development efficiency and density potential.



Long Beach continues to experience substantial public and private investment ahead of the 2028 Olympics, while the City remains under pressure to add significant new housing inventory. Developers may also benefit from various affordable housing grants, incentives, and financing programs offered by the City and State.



Rare infill development sites with transit node zoning and this level of positioning are increasingly difficult to find in Southern California.

THE NEIGHBORHOOD

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1730 Long Beach, Long Beach, CA 90813

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THE DETAILS

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Property type
Land
Category
Land
Subdivision
Alamitos Beach (AB)
Zoning
SP1TN
Parcel
7269021020
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #SR26115717 · California Regional MLS

Listing brokerage: Rubix Realty
Listing agent: Aaron Berger

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.