$900,000

1012 E 10th Street, Long Beach, CA 90813

  • 2 beds |
  • 1 bath |
  • 2,016 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon7,501sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $446/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

52 UNITS BY RIGHT!!!! ...Prime 3-Parcel Development Portfolio – – – – Seize an unparalleled opportunity to develop 52 units in Downtown Long Beach with this strategically curated 3-property portfolio at 1012 E. 10th St, 1020 E. 10th St, and 640 Martin Luther King Jr Ave, Long Beach, CA 90813. This combined offering represents a rare convergence of prime urban infill land and robust state/local housing policies, positioning it for unparalleled highest and best use. In Long Beach's vibrant urban core, just a mile from its iconic waterfront, these properties reside in an area recognized for its rapid evolution as a dynamic hub for tourism, business, and essential transit. Downtown Long Beach's comprehensive plan champions a dense, mixed-use environment, prioritizing significant increases in residential and economic activity. This vision is supported by exceptional mobility, including direct access to the Metro Blue Line and high-quality bus corridors, for true walkability and reduced reliance on private automobiles (and parking spaces). THE ULTIMATE DEVELOPMENT ADVANTAGE – Leveraging Policy Intersections for Maximum ROI: This portfolio is not just land; it's a strategic asset unlocked by the intersection of Long Beach’s PD-30, SCAG’s Regional Housing Needs Allocation (

Listing Status:
Active
Date Added:
June 9, 2025 at 05:00AM
Listing Office:
eXp Realty of Greater Los Angeles, Inc. : 888-652-1314
Listing Agent:
Brent Musson : 213-268-2189
MLS ID:
CRSB25122645
  • General: Workshop
  • Laundry: Laundry RoomOther
  • A/C: Heat Pump
  • Heating: Heat Pump
  • Fireplace: None
  • General: Back Yard
  • Pool: None
  • Parking: Detached
  • General: 1
  • HOA Amenities: 0.0
  • School District: Long Beach Unified
  • County: Los Angeles
  • Zoning: LBR47274023009
  • View: Other

This listing courtesy of Brent Musson, eXp Realty of Greater Los Angeles, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Lincoln Elementary School

1175 E 11th St, Long Beach, CA, 90813

Grades KG-5

0.24 miles away

F

Franklin Classical Middle School

540 Cerritos Ave, Long Beach, CA, 90802

Grades 6-8

0.37 miles away

R

Renaissance High School for the Arts

235 E 8th St, Long Beach, CA, 90813

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby