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Executive Summary
Coldwell Banker Commercial Blair is pleased to list 655 Pine Avenue for sale - an exceptional corner development opportunity in the heart of Downtown Long Beach. Located at the prominent intersection of Pine Avenue and 7th Street, this property offers excellent visibility and exposure along one of Downtown Long Beach’s most active
commercial corridors. The corner parcel presents a compelling redevelopment opportunity, with potential for a commercial retail center or mixed-use retail/residential development, subject to applicable zoning and approvals. The property is situated within the Downtown Plan Area and the Height Incentive Area, providing an attractive
planning and development framework for future investment. With its strategic location, prominent corner position, strong pedestrian and vehicular activity, and proximity to Downtown Long Beach amenities, this lot represents an outstanding opportunity to capitalize on the continued growth and revitalization of Downtown Long Beach.
commercial corridors. The corner parcel presents a compelling redevelopment opportunity, with potential for a commercial retail center or mixed-use retail/residential development, subject to applicable zoning and approvals. The property is situated within the Downtown Plan Area and the Height Incentive Area, providing an attractive
planning and development framework for future investment. With its strategic location, prominent corner position, strong pedestrian and vehicular activity, and proximity to Downtown Long Beach amenities, this lot represents an outstanding opportunity to capitalize on the continued growth and revitalization of Downtown Long Beach.
Property Facts
| Price | $1,550,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.17 AC |
| Property Type | Land | ||
| Zoning | PD30 - Planned Development District 30, | ||
| Price | $1,550,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.17 AC |
| Zoning | PD30 - Planned Development District 30, |
1 Lot Available
Lot
| Price | $1,550,000 | Lot Size | 0.17 AC |
| Price Per AC | $8,983,215.88 |
| Price | $1,550,000 |
| Price Per AC | $8,983,215.88 |
| Lot Size | 0.17 AC |
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Exceptionally walkable
90/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7273-024-001 | Improvements Assessment | $24,835 |
| Land Assessment | $590,481 | Total Assessment | $615,316 |
Property Taxes
Parcel Number
7273-024-001
Land Assessment
$590,481
Improvements Assessment
$24,835
Total Assessment
$615,316
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