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1630 E Carson St
Long Beach, CA 90807
Land For Sale
·
0.14 AC
Investment Highlights
- RTI for 5 Units with Garages through February 2024
- Proforma 5.5 CAP on Exit
- Clean Phase 1 done in December 2021
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.14 AC |
| Zoning | LBR4N - Vacant -Residential Land | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.14 AC |
| Zoning | LBR4N - Vacant -Residential Land |
Description
Great development opportunity on one of the last available residential lots in Long Beach. City of Long Beach approved plans for ground-up build of five (5) 2bd/2ba units with garages within a 2-story structure. RTI has been extended to February 2024. Clean Phase 1 conducted December 2021. Land + Plans appraised at $1M in June 2023. Can provide drawings upon request.
Property Taxes
| Parcel Number | 7137-014-004 | Improvements Assessment | $0 |
| Land Assessment | $805,800 | Total Assessment | $805,800 |
Property Taxes
Parcel Number
7137-014-004
Land Assessment
$805,800
Improvements Assessment
$0
Total Assessment
$805,800
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