1757 Long Beach Boulevard, Long Beach, CA 90813 - Berkshire Hathaway HomeServices California Properties
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1757 Long Beach Boulevard, Long Beach, CA 90813

$2,500,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Austin Carr | carr_austin@yahoo.com
Lic#: 01986298
Broker: Courtesy of Realty One Group United

Agent Remarks

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 could fit around 20 units (5 units/story * 4 stories) if each unit is 800 square feet. The subject property is located just outside the $6 Billion of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# PW24211879
Price: $2,500,000
Beds: 0
Baths: 0
Built in 1936
2 stories
0.20 acres
Lot size: 0.2007
County: Los Angeles
Zoning: (SP-1)
Lot description: ZeroToOneUnitAcre
MLS area: 9 - Poly High

Last Updated: 2/21/2025

 Days On Market (DOM): 248

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This listing belongs to the 9 - Poly High MLS area

Lat/Long: 33.789060, -118.189901.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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