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8276 square feet Land in Long Beach, California

Land, Buy | United States, California, Long Beach, Linden Avenue (LAV)
Asking price-Icon
1,500,000 USD
Asking price
Lot Size-Icon
8,276.4 sqft
Lot Size
Asking price-Icon
1,500,000 USD
Asking price

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What you should know about this plot of land


Special features of this plot of land

425 Linden Avenue, a unique opportunity to acquire over 8,277 square feet of land located in the prime East Village Arts District within the Downtown Plan PD-30 in Long Beach, California and in the OPPORTUNITY ZONE. The site is suitable for the development of high-density residential units. This zoning may allow for up to a 49 unit development with a height limit of 80' with a 4.0 Floor Area Ratio (FAR). Density is based on parking and the current parking standards for the Downtown Plan PD-30 is (1) parking space per (1) unit and (1) guest space per (4) units. Parking standards can be reduced since the property is transit oriented with nearby Blue Line and bus routes. Also, the city allows for some parking to be off-site at nearby parking spots. The property is NOT located in the Coastal Zone. The site is currently surface parking for 24 cars potential to generate $28,800 annually in rent with day and night parking passes. The property is located on the main East Village Arts District street (Linden) and is steps away from the heart of the East Village on Linden around Broadway and 1st Street. The property is walking distance to shopping, restaurants, and the beach. Recent nearby new developments include a new 49 Unit development at 434 4th Street on the corner of 4th and Linden called The Linden. Also, nearby is seeing a surge in new adaptive reuse projects at 440 Elm Ave. a planned Events Venue under development and at 456 Elm Ave. a planned Cloud Kitchen under development.


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Engel & Völkers Long Beach
  • Engel & Völkers Long Beach
  • License partner of Licence partner of EV Real Estate Inc
  • Scott Hamilton
  • 4913 E 2nd Street
  • 90803 Long Beach
  • Phone: 562 481 3800
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