Property Details
About this Property
Excellent opportunity to develop 60–70 subsidized affordable or moderate-income units on a lot in Long Beach’s Midtown Specific Plan area. Just 350 ft from a Metro Rail station, near a built and running subsidized apartment building, this high-visibility site supports up to 10 stories, with no parking requirement under SP-1TN zoning. These are two adjoning parcels APN: 7269-021-019 (318 E Esther St) and APN: 7269-021-020 (1730 Long Beach Blvd) Highlights: Strong city support with access to grants, tax credits & rental subsidies Estimated post-entitlement value: $2.9M–$3.1M Appraised “as-is” value: $2.03M (Feb 2025) Surrounding land comps as high as $9.9M Short path to entitlements This is a rare chance to capitalize on Long Beach’s growing demand for affordable housing. Contact us for the full appraisal, comps, and city incentive info.
MLS Listing Information
MLS #
CRSR25143359
MLS Source
California Regional MLS
Days on Site
21
Parking, School, and Other Information
HOA Fee
$0
Zoning
D0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
318 E Esther St is in Long Beach, CA 90813. This Land is currently priced at $1,500,000. This address can also be written as 318 E Esther St, Long Beach, CA 90813.
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This listing information is up-to-date as of June 26, 2025. For the most current information, please contact Aaron Berger
