1012 E 10th Street
Long Beach, CA, 90813
$900,000
2 Beds
1 Baths
2,016 SqFt
0.17 Acres
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MLS #SB25122645 image #0MLS #SB25122645 image #1
52 UNITS BY RIGHT!!!! …Prime 3-Parcel Development Portfolio – – – –

Seize an unparalleled opportunity to develop 52 units in Downtown Long Beach with this strategically curated 3-property portfolio at 1012 E. 10th St, 1020 E. 10th St, and 640 Martin Luther King Jr Ave, Long Beach, CA 90813. This combined offering represents a rare convergence of prime urban infill land and robust state/local housing policies, positioning it for unparalleled highest and best use.

In Long Beach&#39's vibrant urban core, just a mile from its iconic waterfront, these properties reside in an area recognized for its rapid evolution as a dynamic hub for tourism, business, and essential transit. Downtown Long Beach&#39's comprehensive plan champions a dense, mixed-use environment, prioritizing significant increases in residential and economic activity. This vision is supported by exceptional mobility, including direct access to the Metro Blue Line and high-quality bus corridors, for true walkability and reduced reliance on private automobiles (and parking spaces).

THE ULTIMATE DEVELOPMENT ADVANTAGE – Leveraging Policy Intersections for Maximum ROI:
This portfolio is not just land' it&#39's a strategic asset unlocked by the intersection of Long Beach’s PD-30, SCAG’s Regional Housing Needs Allocation (RHNA) and Sustainable Communities Strategy (SCS), plus the FED’s Opportunity Zones and HUBzones, combined with key by-right entitlements buried in California&#39's pro-housing legislation. Our in-depth analysis demonstrates the ability to significantly increase density, potentially achieving up to 42 units across this portfolio.

The listing agent is a seasoned developer and consultant specializing in exploiting these exact policy intersections. His experience in Long Beach, and deep understanding of these legislative tools, will provide you with a clear roadmap for a truly "highest and best use" approach for this portfolio.

Property Breakdown:
1012 E. 10th St (full-sized developed lot), 1020 E. 10th St (full-sized vacant lot), and 640 Martin Luther King Jr Ave (half-sized vacant lot) – presenting a blank canvas and strategically positioned structures for redevelopment.

This is a rare chance to capitalize on a future-proof investment. A comprehensive information package, detailing specific zoning regulations, potential density calculations, and applicable ministerial approval processes, is available to qualified buyers.

Property Details

Price:
$900,000
MLS #:
SB25122645
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Jun 2, 2025
Finished Sq Ft:
2,016
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1949
4downtownareaalamitosbeachLong Beach Unified

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Schools

School District:
Long Beach Unified

Interior

Bathrooms
1 Full Bathroom
Cooling
Heat Pump
Heating
Heat Pump
Laundry Features
Gas & Electric Dryer Hookup, Individual Room, Washer Hookup

Exterior

Community Features
Biking, Fishing, Park, Watersports, Urban
Parking Spots
1.00

Financial

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Oct 19, 2025
324
Single Family Listed
145
Avg DOM
785
Avg $ / SqFt
$1,269,638
Avg List Price

Property Summary

    1012 E 10th Street Long Beach CA is a Single Family for sale in Long Beach, CA, 90813. It is listed for $900,000 and features 2 beds, 1 baths, and has approximately 2,016 square feet of living space, and was originally constructed in 1949. The current price per square foot is $446. The average price per square foot for Single Family listings in Long Beach is $785. The average listing price for Single Family in Long Beach is $1,269,638.

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