318 E Esther Street 7269021019
Long Beach, CA, 90813
$1,500,000
Beds
0 Baths
SqFt
0.3 Acres
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Excellent opportunity to develop 60–70 subsidized affordable or moderate-income units on a lot in Long Beach’s Midtown Specific Plan area. Just 350 ft from a Metro Rail station, near a built and running subsidized apartment building, this high-visibility site supports up to 10 stories, with no parking requirement under SP-1TN zoning. These are two adjoning parcels APN: 7269-021-019 (318 E Esther St) and APN: 7269-021-020 (1730 Long Beach Blvd)



Highlights:

Strong city support with access to grants, tax credits &#38' rental subsidies

Estimated post-entitlement value: $2.9M–$3.1M

Appraised “as-is” value: $2.03M (Feb 2025)

Surrounding land comps as high as $9.9M

Short path to entitlements



This is a rare chance to capitalize on Long Beach’s growing demand for affordable housing.

Contact us for the full appraisal, comps, and city incentive info.

Property Details

Price:
$1,500,000
MLS #:
SR25143359
Status:
Active
Baths:
0
Address:
318 E Esther Street 7269021019
Type:
Land
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
Jun 26, 2025
State:
CA
ZIP:
90813
Lot Size:
12,981 sqft / 0.30 acres (approx)
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318 E Esther Street 7269021019
Long Beach, CA