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Welcome to the exciting opportunity to invest in a prime 75-unit apartment construction project with entitlement in the vibrant city of Long Beach, California! Presenting a premium opportunity for developers to create a stunning 75-unit apartment complex on prime land in a highly sought-after location. Seller's motivated. Submit all offers with a Proof of funds. Property Highlights:1. Prime Location: The property is conveniently located close to major transportation routes (only 6~7 minutes walk to the Anaheim station and the Fifth Street Station), shopping centers, entertainment, and employment centers, making it an attractive choice for renters. This location offers excellent connectivity to downtown Long Beach, neighboring cities and beyond. 2. Entitlements in Place: This development project comes with entitlements in place for 75 dwelling units, out of which 4 units are low-income units, saving you significant time and effort in obtaining other permits. This project contains 11 studio units, 53 One bedroom units, and 11 two bedroom units. 3. Approved Entitlement Description: New six-story residential building consisting 75 residential units with ground level and three levels of subterranean parking located on two separate lots in the Planned Development (PD-30) zoning district and High-Density Development Site.4. This Project is within the scope of the previously-certified Downtown Plan Program Environmental Impact Report (PEIR).5. Strong Market Demand: Long Beach is a thriving rental market with high demand for apartments. The city's diverse economy, job opportunities, and desirable location attract a diverse group of renters, including professionals, families, and students. The strong rental demand and limited supply in the area make this development project a promising investment opportunity.6. With thoughtfully designed communal spaces, residents will enjoy a contemporary fitness center, a serene courtyard with outdoor seating and BBQ area, separate storage spaces, and ample parking for residents and guests. Don't miss out on this exceptional investment opportunity in Long Beach. With entitlements in place, a prime location, strong market demand, and a proven development team, this 75-unit multi-family apartment project has the potential to deliver significant returns on your investment.
Attention all Investors, Developers and Contractors make this opportunity your next project. Seller had submit plans for 2 units with 2 car garage each unit, Buyers and Buyers Agent to all their investigations with the city of Compton.
140-Unit Development Site in Prime Long Beach, Entitled at COE. Available for sale or joint venture, the offering consists of a forthcoming entitlement for a140-unit multifamily project on .516 acres of land situated on the corner of Pine Ave. and 10th St. Located just north of Downtown Long Beach and around the corner from the Pacific Ave. Blue Line light rail, the three-parcel site is subject to attractive high density zoning ideal for multifamily development. 937-947 Pine Ave. offers an incredible, walkable amenity base and transit connectivity. Ownership is in the process of obtaining an entitlement for a140-unit, woodframe over concrete podium, 8-story, at-grade apartment project with 15 restricted affordable units and approximately 2000 square feet of ground floor retail/amenity space. New construction apartments in Downtown Long Beach and the surrounding area achieve rents surpassing $4 per square foot, well above the submarket and County averages. As part of a state-mandated housing planning process to relieve the current housing shortage, the city of Long Beach is tasked with adding over 26,000 new homes to its housing stock by 2029. Housing permits have decreased significantly since over 1000 units were permitted in 2021 suggesting a lack of new supply once 937-947 Pine is expected to deliver.
140-Unit Development Site in Prime Long Beach, Entitled at COE. Available for sale or joint venture, the offering consists of a forthcoming entitlement for a140-unit multifamily project on .516 acres of land situated on the corner of Pine Ave. and 10th St. Located just north of Downtown Long Beach and around the corner from the Pacific Ave. Blue Line light rail, the three-parcel site is subject to attractive high density zoning ideal for multifamily development. 937-947 Pine Ave. offers an incredible, walkable amenity base and transit connectivity. Ownership is in the process of obtaining an entitlement for a140-unit, woodframe over concrete podium, 8-story, at-grade apartment project with 15 restricted affordable units and approximately 2000 square feet of ground floor retail/amenity space. New construction apartments in Downtown Long Beach and the surrounding area achieve rents surpassing $4 per square foot, well above the submarket and County averages. As part of a state-mandated housing planning process to relieve the current housing shortage, the city of Long Beach is tasked with adding over 26,000 new homes to its housing stock by 2029. Housing permits have decreased significantly since over 1000 units were permitted in 2021 suggesting a lack of new supply once 937-947 Pine is expected to deliver.
Commercial Vacant lot with Billboard income of $550 yr. Listing Broker is related to Seller. Also includes additional lot APN 6157022059 660 Sq Ft
Commercial Vacant lot with Billboard income of $550 yr. Listing Broker is related to Seller. Also includes additional lot APN 6157022059 660 Sq Ft
Corner vacant lot available on busy Compton Blvd. Residential development occurring on adjacent block east of subject property.
Motivated Seller* Total of three (3) Parcels included in this sale. for a total of 34,589 square feet. APN ending with 008 is 14,800 Sq.Ft, 009 is 7,569 Sq.Ft 023 is 12,200 Sq.Ft. Located in the city of Downey zoned R3 DOR3-PB*The parcels are surrounded by single family recidence and multi family houses. easy egress access from Florence Ave.
Lot #2 part of Rancho San Pedro land 15.78 areas of Industrial Land suitable for many Uses. With the freeway a short distance from the land itwould be perfect for Electric. sings and Billboards. The land is coming with a Depth of 500 ft so Oil production is clearly Possible. 687,203 sq ft 15.78 aceas.
Prime location to build your dream office or retail space on Beach Boulevard in Buena Park. Property offers great street visibility in a high traffic-count area where your business will get a lot of free advertising by tons of cars passing by on a daily basis. This Property is close to other commercial and retail centers including but not limited to the Source Mall, restaurants, office parks, retail shops, major Korean supermarkets, etc. Very close to the 5 fwy and 91 fwy. Build your perfect business or office building in this prime location in the vibrant City of Buena Park. Previously, the owner hired a licensed architect who drew a feasibility drawing of a 1,000 sq ft office building to be built on the Property. Please note, this feasibility drawing was not submitted to the City of Buena Park nor approved by the City. Buyer is responsible to conduct its own due diligence relating to the Property and to verify the accuracy of all information relating to the Property including but not limited to lot size, zoning, feasibility and possible use of the Property, size and type of building which is permissible to be built on the Property, number and location of parking spaces allowed on Property, etc. Seller makes no representations or warranties relating to the Property.
Developer's opportunity. Seller indicates property has been re-zoned R2 see attached supplement. Owner has preliminary plans for SB-9 lot split allowing for 8 residential units. See attached supplement. located near commercial/industrial employment centers. Close proximity to 5, 105 and 605 freeways. Owner may carry. Great potential for much needed new housing inventory.
City of Los Angeles lot that MAY allow COMMERCIAL CANNABIS businesses. Un-improved lot that is currently tenant occupied. Tenant is month-to-month. Sale includes plans and permit that is RTI (Ready-to-Issue) for 2,850 square foot warehouse.
CALLING ALL HISTORY BUFFS! Here is your once in a lifetime opportunity to own a piece of history from the Civil War....and the only one of its kind on the West Coast! Located in the heart of Wilmington, on a corner R2 lot....there are a few possibilities here for a potential developer/buyer. There are essentially 2 sections of the lot, one is contained by a chain link fence by the City to protect the historic monument, one is a large garden and flat lot managed by the City of Wilmington Beautification group. The garden area can be developed and a structure can be put on according to the City and historical society.The structure itself is a Civil War-era Powder Magazine, built in 1862, used to store gunpowder for the nearby Camp Drum. See link here:https://en.m.wikipedia.org/wiki/Powder_Magazine_(Camp_Drum). Current Sellers inherited the property that was purchased in the 1970's as a Duplex. When the Seller went to tear the duplex down to rebuild in the 80's I believe, the powder magazine was discovered and revealed. The City claimed it as a historic monument and the owner decided not to build. We do not have definitive answers on IF a structure could be built on the garden area, but imagine a bit more research would give us answers!According to my title rep, It was declared a Historical Monument in 1982, but they didnt record the Resolution until 1994. The document indicates it is Historic-Cultural Monument No. 249. The property is also being sold with Mineral Rights.Please feel free to do a field trip to drive by and check it out and do not hesitate to reach out to me with any questions, I'll do my best to answer them!
We are pleased to present an estimated +/-3,494sf commercial building on +/- 16,055sf of LCC1 zoned land. Located on a lighted intersection with alley access, the property caters itself well to an owner-user, medical user, clinic, veterinarian, 7-Eleven type convenience store, retail, or professional office needing by significant visibility and 25+ parking spaces! As a development site, the corner lot and alley access are primed for a developer to utilize 100% affordable housing incentives to maximize units on the large 16,055sf LCC1 zoned land. With its close proximity to the 110 Freeway, the property is well positioned for any type of investor to take advantage of continued appreciation for years to come. Any Buyer shall complete their own due diligence to determine what the current legal use allowed is for the property. For more information please contact the Listing Broker.
We are pleased to present an estimated +/-3,494sf commercial building on +/- 16,055sf of LCC1 zoned land. Located on a lighted intersection with alley access, the property caters itself well to an owner-user, medical user, clinic, veterinarian, 7-Eleven type convenience store, retail, or professional office needing by significant visibility and 25+ parking spaces! As a development site, the corner lot and alley access are primed for a developer to utilize 100% affordable housing incentives to maximize units on the large 16,055sf LCC1 zoned land. With its close proximity to the 110 Freeway, the property is well positioned for any type of investor to take advantage of continued appreciation for years to come. Any Buyer shall complete their own due diligence to determine what the current legal use allowed is for the property. For more information please contact the Listing Broker.
Introducing an exceptional opportunity for developers and investors to capitalize on a prime vacant land lot located in the vibrant city of Wilmington. This expansive property offers the ideal canvas for a mixed-use development, combining residential and commercial elements to create a dynamic and thriving community. With the potential to accommodate 12-15 apartments alongside retail stores, this versatile lot is perfectly positioned to cater to the evolving demands of modern urban living. Prime Location: Situated in the heart of Wilmington, this property enjoys a strategic location near the new waterfront development and close to ILWU Union Halls. Strong Market Potential: With the ongoing growth and development in Wilmington, this property is strategically positioned to capitalize on the demand for mixed-use spaces. Offering includes additional APNs. Buyer to verify all info.
Rare opportunity to acquire Opportunity Zoned lot assemblage totaling 43,449 square feet. These parcels were previously vested as a 208-Unit apartment building, offering 100% Affordable Housing. This unique opportunity to develop is located in the Wilmington neighborhood of Los Angeles. Architectural design submitted could afford 100,196 sf of building space.This project was vested under the 2023 ED1, which is set to undergo imminent revisions. Scheduled to be trimmed back and codified within the next couple of weeks, the current zoning for 208 units will be drastically reduced. This renders the current phase a rare and time-sensitive opportunity, as it may no longer be viable once the codification process is complete.Environmental inspections have been completed and reports are available for a separate fee. The project can include seller-financing for the land acquisition for up to 2 years. .Project previously vested consists of 3 separate buildings that can be built in phases.
Owner Motivated. Make an Offer. We are pleased to present this unique opportunity to purchase an 15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and 4,028 Sq.Ft. commercial building formerly used as a church and is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles. A developer can build 88 to 154 units on the site. This is a very good value at under $10,500 per buildable door. The property consists of a well-loved +/-4,208 sq.ft. church on a large 15,222 sq.ft. corner parcel with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to nimo Watts Charter High School and nimo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).
Owner Motivated. Make an Offer. We are pleased to present this unique opportunity to purchase an 15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and 4,028 Sq.Ft. commercial building formerly used as a church and is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles. A developer can build 88 to 154 units on the site. This is a very good value at under $10,500 per buildable door. The property consists of a well-loved +/-4,208 sq.ft. church on a large 15,222 sq.ft. corner parcel with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to nimo Watts Charter High School and nimo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).