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$3,850,000
New Listing

154 Elm Avenue
Long Beach, CA 90802

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
7,500
SqFt
$513
/SqFt
1921
Built
County:
Los Angeles
Listed by Elena Tarasova of Douglas Elliman of California, Inc. [email protected]
154 Elm Avenue154 Elm Avenue154 Elm Avenue154 Elm Avenue
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Monthly Payment (Est.)

$17,565
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Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growth and a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, with convenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the Grand Prix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!

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Listing Snapshot
Price 
$3,850,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0854 Acres
Year Built 
1921
MLS® Number 
26897143
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
0.0854
Additional Property Use 
Multi-Family
Number Of Stories 
2
Security 
Fire Sprinkler SystemSmoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
7500
Zoning 
LBPD30
Interior Features
Cooling 
Heating 
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Community Features
MLS Area 
4 - Downtown Area, Alamitos Beach


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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