1403 Elm, Long Beach, CA 90813

$899,000

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List Price
$899,000
Price Change
▲ $100,000 1783427654
Status
ACTIVE
MLS#
DW26117307
Year Built
1911
Lot Size
3,913
Acres
0.09
Lot Location
Back Yard
Days on Market
59
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Poly High (Ph)

Property Description

Rare development opportunity in the heart of Long Beach. This occupied 5-bedroom, 3-bath duplex is available for purchase individually or as part of a unique 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land. Opportunities of this scale and flexibility are exceptionally rare, especially in an established neighborhood where assembling multiple adjacent parcels can take years. Whether acquired on its own for immediate income potential or as part of the larger assemblage for thoughtful, profitable redevelopment, this property presents a compelling investment with significant upside. Buyer to verify zoning, development possibilities, and all intended uses with the City of Long Beach. (Additional addresses for sale by same owner are 1425 and 1429 Elm) See private remarks for more information on additonal, continguous parcels.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Floor Furnace
Cooling Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Amy Brick (amy@amybrick.com) from Listing Office: Brick & Co Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.