$ 775,000
1160 LOCUST N, Long Beach, CA 90813  
  • 5 beds
  • 2 baths
  • 1,850 sqft

1160 LOCUST N, Long Beach, CA 90813  

DEVELOPERS AND INVESTORS! Do not miss this opportunity to acquire the perfect CORNER LOT featuring ZERO SETBACKS and the ability to build a MUTLI-STORY, MULTI-FAMILY OR COMMERCIAL/OFFICE USE BUILDING UP TO 150 FT IN HEIGHT. This area is adjacent to Pine St. and has a number of EXCELLENT CONSUMER MEDICAL AND RETAIL ANCHORS in the immediate area. HEAVY CONSUMER DEMAND IN THIS AREA FOR HOUSING makes this the perfect lot to develop. LOT IS ZONED PD-29 (SUBAREA 5) and is close walking distance to the Blue Line and Downtown Long Beach. Current property on the lot is a single family residence featuring 5 bedrooms and a loft space WITH AN ENORMOUS AREA FOR PARKING - 8 SPACES POSSIBLE. Owners originally purchased to develop themselves and had received preliminary approvals for developing the lot. This property also has excellent Income Producing Potential. Call today for a free Investment Profile including the City of Long Beach Planned Development Criteria for the area.

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  • Listing Type Single Family
  • Listing ID OC18074017
  • Bedrooms 5
  • Bathrooms 2
  • House Size 1,850 sqft
  • Listing Status Active
  • Year Built 1910
  • County Los Angeles
  • Full Bath 1
  • Half Bath 1
  • Subdivision Willmore District (Wm)
  • Floors 2
  • Units 1
  • County School District Long Beach Unified
  • TaxID 7273007040
Listing courtesy of Serena Goss~HomeSmart, Evergreen Realty

Sold Info

Date Sold for * Help Change
02/02/2012 $225,000 -6.2%
08/07/2003 $240,000 +42.0%
03/01/2001 $169,000 N/A
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