Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growthand a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, withconvenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the GrandPrix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!
Total Floor Area:
7,500 sq. ft.697 m2
Lot Area:
3,720 sq. ft.346 m2
Bedrooms:
0
Full Bathrooms:
0
Three Quarter Bathrooms:
0
Half Bathrooms:
0
One Quarter Bathrooms:
0
Bathrooms:
0.0
(Full:0, Half:0)
Year built:
1921
(Age: 105)
General Listing Location:
Long Beach, 4 - Downtown Area
County Or Parish:
Los Angeles
Gross Income:
$0
Net Operating Income:
$0
S Broadway to Elm Ave
Number of Buildings:
1
Senior Community:
No
Laundry Features:
None
Pool Features:
None
Private Pool:
No
Spa Features:
None
Security Features:
Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)