$3,850,000
( $513.33Per Sq Foot )
 $20,668 est/mo Sourced by Back At You

154 Elm Avenue,Long Beach, CA 90802

Long Beach, CA 90802

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Description

Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growth and a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, with convenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the Grand Prix 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!

Details

MLS #26897143
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site78
Listing Provided ByDouglas Elliman of California, Inc. | Elena Tarasova

Features

SQ Feet7,500
Story(s)2
Units18
Building(s)1
ZoningLBPD30
Acreage0.09

Interior

Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Security FeaturesFire Sprinkler System, Smoke Detectors

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90802
Area4 Downtown Area | Alamitos Beach
Listing VS Median (in 90802)
Price:
$3,850,000
low | high
Med:
$2,024,500
97.415584415584% of Average
sqft:
7,500
low | high
Med:
5,043
82.766666666667% of Average
$ / sqft:
$513
low | high
Med:
$402
71.78222406077% of Average
On site:
78
low | high
Med:
159
49.056603773585% of Average
Sourced by Back At You

Market Activity 90802

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90802
Area4 Downtown Area | Alamitos Beach
Listing VS Median (in 90802)
Price:
$3,850,000
low | high
Med:
$2,024,500
97.415584415584% of Average
sqft:
7,500
low | high
Med:
5,043
82.766666666667% of Average
$ / sqft:
$513
low | high
Med:
$402
71.78222406077% of Average
On site:
78
low | high
Med:
159
49.056603773585% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.887M - $4.812M
sqft: 5,500 - 9,000
Nearby Listings Property ImageNearby Listings Details
154 Elm Avenue Property Photo 1
$3,850,000
154 Elm Avenue
Long Beach, CA 90802
Listing Updated: September 28, 2026 at 8:44:47 PM PDT
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