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1160 Locust Ave
Long Beach, CA 90813
1160 Locust · Multifamily Property For Sale
·
1 Unit
PROPERTY FACTS
| No. Units | 1 | Average Occupancy | 100% |
| Property Type | No. Stories | 2 | |
| Apartment Style | Low-Rise | Year Built/Renovated | 1910/2015 |
| Lot Size | 0.11 AC | Parking Ratio | 1.6/1,000 SF |
| Building Size | 5,000 SF | ||
| Zoning | PD30 | ||
| No. Units | 1 |
| Property Type | |
| Apartment Style | Low-Rise |
| Lot Size | 0.11 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2015 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | PD30 |
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 |
