1757 Long Beach Boulevard
$2,500,000
1
9
7,108
7,108
$352
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,...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.
- Listed by Austin Carr • DRE #01986298 • Brokerage DRE #01978196 • Realty One Group United • 562-537-7496
Property Details for 1757 Long Beach Boulevard
Parking Spaces Total
19
Private PoolNo
Total Units9.0
Building TypeAttached
Lot Size SourceAssessor
Living Area7108
Assessor Parcel Number7269-019-006
Property Attached YNtrue
LISTING UPDATED: 11/16/2024 06:36 AM
Property Details for 1757 Long Beach Boulevard
Status | Active |
---|---|
MLS # | PW24211879 |
Days on Market | 27 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1936 |
Lot Size | 0.20 AC / 8,741 SF |
County | Los Angeles County |
Building Information for 1757 Long Beach Boulevard
Stories2Residences-Year Built1936Building Size-Lot Size0.20 AC / 8,741 SF
Property Information for 1757 Long Beach Boulevard
Property History for 1757 Long Beach Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1757 Long Beach Boulevard
Taxable ValueLand$143,181Additions$229,552Total$372,733
Tax Record2024$5,831 ($486 / month)
Home Facts
Total Finished SqFt6,058 SqFtAbove Grade Finished SqFt6,058 SqFtStories1Lot Size8,785 SqFtStyleOffice BuildingYear Built1936ZoningLBPD29CountyLOS ANGELESAPN7269-019-006
Schools near 1757 Long Beach Boulevard
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Educational Partnership High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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