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507 Pacific Ave ave - 157 Unit Development Project 1.07 Acres of Residential Land in Long Beach, CA 90802
Investment Highlights
- Motivated Seller, on grade construction
- All on-grade construction
- Entitled and very close to final approval status
- 157-unit entitled mixed-use development
- Approx. 141,000 SF of residential plus 6,200 SF of commercial space
- Well-designed project
Executive Summary
157 Unit Entitled Mixed Use Development Project. Motivated Seller. Please contact listing agent for pricing direction. Project is almost ready to issue permits, only lacking a few corrections to the plans before submitting for final approvals. No subterranean parking, all on grade construction. The finished project will consist of approximately 141,000sf of residential and 6,200sf of commercial space. 507 Pacific Ave represents a fantastic opportunity for a seasoned builder to step in, obtain permits and capitalize on a well designed project. An experienced builder could be underway in a short period of time. Contact listing agent to request access to Seller's project documents.
Property Facts
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 1.07 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Residential | ||
| Zoning | LBPD30 - Planned Development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.07 AC |
| No. Stories | 1 |
| Zoning | LBPD30 - Planned Development |
1 Lot Available
Lot
| Lot Size | 1.07 AC |
| Lot Size | 1.07 AC |
Level 157 Unit Entitled Mixed Use Development Project
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7280-003-012 | Improvements Assessment | $0 |
| Land Assessment | $5,802,927 | Total Assessment | $5,802,927 |
Property Taxes
Parcel Number
7280-003-012
Land Assessment
$5,802,927
Improvements Assessment
$0
Total Assessment
$5,802,927
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507 Pacific Ave ave - 157 Unit Development Project
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