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1722 Locust Avenue
Long Beach CA 90813 US

$825,000

Active Listing ID PW19154049
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Built in 1929
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Lot: 12,325.00 squareFoot
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Other

$825,000

Active Listing ID PW19154049
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1722 Locust Avenue RESIDENTIAL and/or COMMERICAL: GREAT MIXED-USE DEVELOPMEMT OPPORTUNITY on a VERY LARGE and RARE 12, 325 sq. ft. LOT* at 1722 Locust Avenue near Long Beach Blvd and Pacific Coast Highway. This Property is Located in a Prime High-Demand Business and Residential Area that is ALSO near Public Transportation (Bus and Blue Line) and LBUSD Schools. Recently Re-Zoned for Commercial and/or Residential Use, this Unique Parcel has the Potential for 20+ Units. The Property Currently has a Duplex (which is likely a Tear-Down) that Collects $2400 in Monthly Rent (with Upside Potential) and can Provide Cash Flow while Submitting Plans to the City of Long Beach Planning Department. (Buyer to Check and Verify All Information and Use with City - DETAILS: Check City of LB website for MIDTOWN SPECIFIC PLAN (6/14/2016) Transit Node District). Also Listed as Land PW19154028 * SEE MAP OF LOT DIMENSIONS IN PHOTOS Please Call David at (562) 253-9596 for More Information

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Property Features

  • Facts
  • Built in: 1929
  • Lot Size: 12,325.00 acre
  • Property Type: MultiFamily
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 8/14/2019 8:20:41 PM GMT
Source Updated Date: 8/17/2019 6:30:01 AM GMT

Courtesy of: David Loveless, RE/MAX College Park Realty

Listing Source - ListHub

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