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Listed by Brent Musson • eXp Realty of Greater Los Angeles, Inc.
$ 900,000
Est. payment | /mo
2 Beds
1 Bath
100 SqFt
$ 900,000
Est. payment | /mo
2 Beds
1 Bath
100 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 100 sqft
Price per Sqft $9,000
MLS Listing ID CRSB25126393
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1949
Lot Size 7,500 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property Description
52 UNITS BY RIGHT!!!! ...Prime 3-Parcel Development Portfolio – – – – Seize an unparalleled opportunity to develop 52 units in Downtown Long Beach with this strategically curated 3-property portfolio at 1012 E. 10th St, 1020 E. 10th St, and 640 Martin Luther King Jr Ave, Long Beach, CA 90813. This combined offering represents a rare convergence of prime urban infill land and robust state/local housing policies, positioning it for unparalleled highest and best use. In Long Beach's vibrant urban core, just a mile from its iconic waterfront, these properties reside in an area recognized for its rapid evolution as a dynamic hub for tourism, business, and essential transit. Downtown Long Beach's comprehensive plan champions a dense, mixed-use environment, prioritizing significant increases in residential and economic activity. This vision is supported by exceptional mobility, including direct access to the Metro Blue Line and high-quality bus corridors, for true walkability and reduced reliance on private automobiles (and parking spaces). THE ULTIMATE DEVELOPMENT ADVANTAGE – Leveraging Policy Intersections for Maximum ROI: This portfolio is not just land; it's a strategic asset unlocked by the intersection of Long Beach’s PD-30, SCAG’s Regional Housing Needs Allocation (
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Pool None
View None
Private Pool false
Building
Lot Description Other, Back Yard
Story 1
Water Public
Schools
School District Long Beach Unified
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Vincent Rossi
REALTOR® | Lic# 01921563