Thrive California

228 ELM, Long Beach, CA 90802

  • price: $5,250,000
  • SqFt:
  • type: Land
  • MLS#: 121605375460
  • status: Active
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Deep in Downtown Long Beach, we present for sale a double-lot with tremendous potential. Take advantage of Long Beach's recent Downtown Plan which takes the PD- 30 Zoning and turns it upside down, giving you the potential to be part of the high-rise LB Downtown community!Want a 240 foot height limit? You have it. Want to build even higher? How's 500 feet? With reasonable requirements, 500 feet is within reach! Want to build over 200 units? Sure. Or better yet, build a hotel, which requires just one half a parking space per hotel room! Or mix it up and build condos with hotel rooms and some commercial.This tremendous opportunity is in the thick of things, surrounded by everything, right by the Convention & Entertainment Center and well under a mile from the beach! Sale includes two APNs plus vacated Alley - 7281-016-009 & 7281-016-052.

More Details

Lot Size in Square Feet: 12,000
Year Built:
Pool: Yes
Has Garage: No
Scott Ferrell

Hi, my name is Scott. How may my team help you?

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Or give us a call at one of the following phone numbers:
310-855-3415 | 805-497-6661 | 818-587-8182 | CA BRE Lic 01343907

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Listing Agent: Dario Svidler Listing Office: Compass