300 ALAMITOS AVE LONG BEACH CA MLS #22-136247

300 ALAMITOS AVE
LONG BEACH, CA,
$5,250,000
Beds
0 Baths
SqFt
0.52 Acres
Add
We are pleased to present 300 Alamitos Avenue in Downtown Long Beach, California. The Offering is fully entitled for a 71 unit multifamily building in Prime Alamitos Beach. The mid-rise development will comprise of 89,662 SF of rentable area consisting of Studio, 1 Bed and 2 Bed units. Community amenities include a garden, fitness center, rooftop deck, bike kitchen, incredible views of the ocean, etc. The 0.59 acre site has excellent frontage on Alamitos Avenue and is approximately 4 blocks from the sand and ocean of Alamitos Beach.The Offering is well located within Downtown Long Beach’s core which is undergoing a major urban revival with public and private investment. The Site boasts a Walk Score of 97 and is proximate to many popular restaurants, nightlife, entertainment, waterfront activities, etc. Long Beach has been experiencing a boom in major developments, attracting new investors and tenants. There’s over $3.5 billion new construction projects throughout the city. This level of development has created approximately 9,000 new jobs. The Downtown Plan (PD-30) has become the driving force of this revitalization.The Offerings fully entitled status offers investors and developers a quick path to this booming market with the ability to break ground shortly after close of escrow.

Property Details

Price:
$5,250,000
MLS #:
22-136247
Status:
Sold ((May 23, 2023))
Baths:
0
Address:
300 ALAMITOS AVE
Type:
Land
Subtype:
Lots and Land
Neighborhood:
Downtown Area, Alamitos Beach
City:
LONG BEACH
Listed Date:
Mar 14, 2022
State:
CA
ZIP:
90802
Lot Size:
25,700 sqft / 0.52 acres (approx)
Ask a Question

Schools

Interior

Exterior

Financial

See this Listing

Send
  

Mortgage Calculator

 

Map

Community

Similar Listings Nearby

300 ALAMITOS AVE
LONG BEACH, CA
Scroll to Top