2238 Long Beach Boulevard, Long Beach, CA 90806
Commercial property · 2 recorded sales since 2019
Sold January 2020
Listing Agent: Eric Lem (DRE #01988183) · Listing Office: Christal Churchwell, Broker · Contact: 714-642-8175 · Bought with: William Morris · CRMLS · MLS #OC19223750 · Source: CRMLS
About this commercial property
Rare opportunity to own a parcel in high density-prime planned development (SP-1) located on Long Beach Blvd. Land price is only $98/sqft. Aprox 2.5 miles from ocean. Subject Property is 2 buildings, 5085 sqft, which sits on 12,411 sqft of land. This property is part of the Midtown Specific Plan provides a framework for the development and improvement of a 369-acre corridor along Long Beach Boulevard in the City of Long Beach. The Specific Plan is intended to be more flexible than conventional zoning to encourage new investment and development along the corridor. Multifamily residential and mixed-use projects are in two- to four-story buildings. Single-use, neighborhood-serving uses occupy buildings between one and three stories. Heavy traffic volume, walking distance to Metro Blue Line stations, close to downtown, beach, freeways,and excellent exposure for businesses. Excellent property to develop into condos/apartments.
Listing description from the January 2020 sale, as reported to CRMLS.
Sale history
