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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
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
Lease Land No
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