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- LoopNet Team
1160 Locust Ave
Long Beach, CA 90813
1160 Locust · Multifamily Property For Sale
·
1 Unit

Property Facts
Amenities
Unit Amenities
- Crown Molding
- Yard
About 1160 LOCUST AVE , LONG BEACH, CA 90813
Single Family Residence in High Density Zoning within the Redevelopment Area in Long Beach. PD30 Zoning in that area (12th & Locust) allows for a max height limit of 150' (w/20% variance upon approval). FAR Rating of 5. Utilize one of more lots to build 12 units to 49 units or convert to medical office/retail or commercial space. New Market Rate and Affordable Housing Developments will provide a large medicare patient population for any physicians that choose to practice in that immediate area. This property also lends itself to a live/work opportunity. On-site parking (up to 8 vehicles) would support a small business. Many opportunities available with this property given the zoning. Physician office build out could accommodate up to 6 treatment rooms, waiting room for 4-8 patients, kitchen and lunch room for staff with private 500 sf admin office on 2nd story. For more information on development options for this property and off-market neighboring properties please contact me directly.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+2 | 1 | - | 2,500 |
Property Taxes
| Parcel Number | 7273-007-004 | Improvements Assessment | $130,848 |
| Land Assessment | $303,381 | Total Assessment | $434,229 |
Property Taxes
Listing ID: 14482334
Date on Market: 11/26/2018
Last Updated:
Address: 1160 Locust Ave, Long Beach, CA 90813
The Downtown Long Beach Multifamily Property at 1160 Locust Ave, Long Beach, CA 90813 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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