This Land Property is no longer advertised on LoopNet.com.

228 Elm Ave
Long Beach, CA 90802
LB Downtown - Opportunity Zone - 12,000+ SF · Land For Sale · 0.27 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Hospitality
  • Apartment Units - Condo
  • Hotel
  • Restaurant
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.27 AC
Zoning PD30

Description

Deep in Downtown Long Beach, we present for sale a double-lot with tremendous potential. Take advantage of Long Beach’s recent Downtown Plan which takes the PD- 30 Zoning and turns it upside down, giving you the potential to be part of the high-rise LB Downtown community! Want a 240 foot height limit? You have it. Want to build even higher? How’s 500 feet? With reasonable requirements, 500 feet is within reach! Want to build over 200 units? Sure. Or better yet, build a hotel, which requires just one half a parking space per hotel room! Or mix it up and build condos with hotel rooms and some commercial. This tremendous opportunity is in the thick of things, surrounded by everything, right by the Convention & Entertainment Center and well under a mile from the beach!

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 7281-016-009
  • 7281-016-052
Land Assessment
$5,136,246
Improvements Assessment
$10,612
Total Assessment
$5,146,858
  • Listing ID: 14663634

  • Date on Market: 12/18/2018

  • Last Updated:

  • Address: 228 Elm Ave, Long Beach, CA 90802

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