5
See all 5 photos
$599,000
Est. payment /mo
0.31 Acres Lot
New
1425 Elm Long Beach, CA 90813
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID DW26117410
HOA Y/N No
Lot Size 0.311 Acres
Property Description
Rare development opportunity in the heart of Long Beach. These two contiguous parcels are being offered together and present a unique investment opportunity in an established urban neighborhood. Currently leased and occupied by the Long Beach Unified School District, the property is being sold as land only. Portable classroom/building structures currently located on site are tenant-owned personal property and are not included in the sale. These parcels may also be purchased as part of a rare 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land. Opportunities of this scale and flexibility are exceptionally rare, especially where assembling multiple adjacent parcels can take years. Whether acquired for income with existing tenancy or as part of the larger assemblage for thoughtful, profitable redevelopment, this offering presents compelling long-term potential. Buyer to verify zoning, development possibilities, lease terms, and all intended uses with the City of Long Beach. Additional addresses for sale by same owner include 1403, 1425 and 1429 Elm. See private remarks for more information regarding additional contiguous parcels.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning unknown
Interior
Fireplace No
Exterior
Community Features Urban
Utilities Available Electricity Connected
View Y/N No
View None
Building
Lot Description Yard
Water Public
New Construction No
Others
Senior Community No
Tax ID 7269026034
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Amy Brick Brick & Co Real Estate 562-335-5269, DRE #01358129
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