154 Elm Avenue, Long Beach, CA 90802
- $3,850,000
- 7,500
- SqFt
Listing courtesy of Listing Agent: Elena Tarasova (elena.tarasova@elliman.com) from Listing Office: Douglas Elliman of California, Inc..
- List Price
- $3,850,000
- Status
- ACTIVE
- Days on Market
- 15
- MLS#
- 26908925
- Subtype
- Residential Income
- Year Built
- 1921
- Living Area
- 7,500
- Lot Size
- 3,720
- Acres
- 0.09
- MLS Area Major
- Downtown Area, Alamitos Beach (4)
Property Description
Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growthand a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, withconvenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the GrandPrix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!
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Additional Information
- Zoning
- LBPD30
- Heating
- Combination
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- None
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.