Homes for sale - 1757 Long Beach, Long Beach, CA 90813

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,500,000

Est. payment - /mo

0.35 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID PW25256090

HOA Y/N No

Year Built 1936

Lot Size 0.354 Acres

Property Sub-Type Mixed Use

Property Description

Value add mixed use property for sale in Long Beach along with separately parceled
parking lot in rear on apartments. Total land size of 15,431 SF between both lots. Long
terms owners and tenants with two retail units, 7 apartments units, and an excess of
parking on Long Beach Blvd. A new owner has the opportunity to convert the two retail
units out front into ADU's as well as build additional housing in the separate parking lot
in the rear of the property. Owner only pays water and property taxes, separately
metered for gas and electric. 1757 Long Beach Blvd, Long Beach, CA 90813, falls within
the Midtown Specific Plan (SP-1) zoning area. This zoning allows for a variety of mixed-
use developments, focusing on pedestrian-friendly commercial and residential project.
With 4 stories and a Floor Area Ratio (FAR) of 2.0 (assumed based on typical mixed-use
zoning), the total buildable area is 17,482 square feet. This can be spread across four
stories, giving you 4,370.5 square feet per story (17,482 sq ft / 4 stories). You can build
structures that combine retail spaces, offices, or residential units, such as apartments or
condominiums, in mid- to high-density formats. A new owner could build up to 32 units
of 500 square feet each under an FAR of 2.0 in a height of 4 stories or you could fit
around 20 units (5 units/story * 4 stories) if each unit is 800 square feet. The subject
property is located just outside the $6 Billion of development flooding into Downtown
Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire
Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 9.0

Garage Description 9.0

Pool None

Community Features Urban

Total Parking Spaces 29

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7269019006

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Austin Carr Realty One Group United 562-537-7496

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