1730 Long Beach

Long Beach, CA 90813

Exceptional multifamily development opportunity in the rapidly transforming Midtown area of Long Beach. This offering consists of two adjacent vacant parcels totaling approximately 12,981 square feet, commonly known as 1730 Long Beach Blvd. (APN 7269-021-020) and 318 E. Esther St. (APN 7269-021-019). The properties are located directly across from the Metro light rail station and are situated within the highly desirable SP1TN (Special Purpose Transit Node) zoning overlay and Midtown Specific Plan. The site presents a rare opportunity for a developer to capitalize on Long Beach’s strong push for higher density and affordable housing development. Current zoning and transit oriented development incentives may allow for the development of approximately 60+ multifamily units, with potential upside through evolving state and local housing legislation, including SB 79 transit oriented housing incentives. The property benefits from exceptional accessibility and proximity to major employment and lifestyle drivers, including Downtown Long Beach, the Port of Long Beach, Long Beach Airport, St. Mary Medical Center, CSU Long Beach, shopping, dining, and major transportation corridors. The transit node designation may significantly reduce parking requirements, creating additional development efficiency and density potential. Long Beach continues to experience substantial public and private investment ahead of the 2028 Olympics, while the City remains under pressure to add significant new housing inventory. Developers may also benefit from various affordable housing grants, incentives, and financing programs offered by the City and State. Rare infill development sites with transit node zoning and this level of positioning are increasingly difficult to find in Southern California.

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.