1425 Elm

Long Beach, CA 90813
  • $599,000

    Price
  • 0.31

    Acre

About the Listing YBCK - YBRICAMY

Rare development opportunity in the heart of Long Beach. 1425 and 1429 Elm Avenue are two contiguous parcels being offered together and must be sold together. Both parcels are currently leased and occupied by the Long Beach Unified School District and are being sold as land only. Portable classroom/building structures currently located on the properties are tenant-owned personal property and are not included in the sale. Adding to the opportunity, 1403 Elm Avenue is also being offered for sale by the same owner as a separate transaction, creating the potential to acquire three parcels along the same street. Opportunities to assemble multiple parcels in an established Long Beach neighborhood are increasingly rare and can take years to put together. Whether 1425 and 1429 Elm are acquired for income with the existing tenancy or combined with the separately offered 1403 Elm Avenue as part of a larger assemblage for future redevelopment, this offering presents compelling long-term potential. Buyer to verify zoning, development possibilities, lease terms, parcel configurations, and all intended uses with the City of Long Beach.

Listing Highlights for 1425 Elm

Status Active With Contingency
Days on Site 138
Property Type Vacant Land
MLS ® DW26117410
Year Built
Lot/Acreage 0.31

Interior Details

  • Appliances:
  • Air Cond:
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  • Water: Public

Exterior Details

  • Lot Description: Yard,No Land Lease
  • Garage Capacity: N/A
  • Zoning: unknown
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7269026034
  • Tax Year: N/A

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Listing Location

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1425 Elm Long Beach, CA 90813

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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