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Priced at $599,000, this 0.311-acre parcel of land sits in Long Beach, California. The site provides a development footprint for investors or builders looking to capitalize on a coastal Southern California market. Long Beach maintains a diverse economy supported by its major port facilities and a robust regional labor force, making this location suitable for various infill projects. The property proximity to key transit corridors and established residential and commercial infrastructure allows for flexible planning strategies. Future development could serve the needs of a growing population seeking proximity to central city amenities. Whether evaluating the site for residential expansion or a targeted commercial venture, the parcel offers a clean slate within an active submarket. Developers and land banking entities will find the manageable scale of this lot appropriate for streamlining project timelines while securing a strategic foothold in this densifying metropolitan area.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.