1425 Elm

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1425 Elm

Long Beach, CA 90813
Asking Price
$599K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The 0.311-acre parcel is listed for sale at $599,000.
  • This land site is situated within the city of Long Beach.
  • The property location provides convenient access to regional transportation infrastructure.
  • Investors may consider this lot for residential or commercial development.
  • The site represents a strategic acquisition in a densifying coastal market.

What's Special

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.

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NOI
$80,000
Cap Rate
13.36%
DSCR
2.25
Strong
Cash-on-Cash
24.73%
Monthly Payment
$2,963.525
Annual Cash Flow
$44,437.698

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