Skip to content
For SaleLuxury

$3,850,000

7,500 sqft$513/sqft86 days on market

154 Elm Avenue

Long Beach, CA 90802

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

7,500

Square feet

1921

Built

Listing narrative

Description

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!

Listing agent (MLS): Elena Tarasova · Listing brokerage (MLS): Douglas Elliman of California, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,850,000

Beds

Beds n/a

Type

House

Home Size

7,500 sqft

Baths

Baths n/a

Lot Size

3,920 sqft

Year

1921

Status

For Sale

Days on Market

86

$ / Sqft

$513

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Douglas Elliman of California, Inc.