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Priced at $1,600,000, this 0.136-acre land parcel in Long Beach, California, presents a clear development prospect for investors. Situated in a dense urban environment, the site is positioned within a well-established Southern California submarket known for its proximity to major maritime infrastructure and consistent economic activity. The coastal region provides a robust backdrop for commercial projects, benefiting from extensive transit networks that link the area to the broader Los Angeles metropolitan basin. This property is suited for various site-specific development applications, ranging from ground-up commercial projects to specialized industrial or urban infill uses. Developers seeking to secure a footprint in this highly active gateway city will find the scale of this parcel ideal for targeted construction efforts. The site availability offers an entry point into a competitive real estate market characterized by strong demand for developed space, providing the necessary foundation for a range of viable business ventures in a high-density environment.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.