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1152 Hill st 0.12 Acres of Residential Land Offered at $380,240 CAD in Long Beach, CA 90806
Investment Highlights
- ±6,206 SF land parcel located at 1152 East Hill Street in Long Beach
- Surrounded predominantly by established residential neighborhoods, supporting potential residential repositioning
- Centrally located with convenient access to major transportation corridors and nearby amenities
- Currently zoned Light Industrial with updated zoning that allows for residential development potential
- Ideal opportunity for developers, investors, or owner-users seeking redevelopment potential
- Located in a strong infill market with continued residential demand in Long Beach
Executive Summary
Property Facts
| Price | $380,240 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LBMML - Light Industrial (IL) Zoning and single-family and low-density housing | ||
| Price | $380,240 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
| Zoning | LBMML - Light Industrial (IL) Zoning and single-family and low-density housing |
1 Lot Available
Lot
| Price | $380,240 CAD | Lot Size | 0.12 AC |
| Price Per AC | $3,168,798.79 CAD |
| Price | $380,240 CAD |
| Price Per AC | $3,168,798.79 CAD |
| Lot Size | 0.12 AC |
1152 East Hill Street in Long Beach (APN# 7210-025-900 & 7210-025-901) - 6,206 SF
Description
Coldwell Banker Commercial BLAIR is pleased to present the property located at 1152 East Hill Street in Long Beach (APN# 7210-025-900 & 7210-025-901) for sale. The subject property consists of approximately 6,206 square feet of land and is currently zoned Light Industrial, although the existing General Plan designation and planned future zoning designate the site for residential use. While the current zoning designation remains Light Industrial, the surrounding properties are predominantly residential. As such, there may be a higher likelihood—and potentially greater value—in pursuing a residential development opportunity for the site.
Property Taxes
| Parcel Number | 7210-025-901 | Improvements Assessment | $0 CAD |
| Land Assessment | $27,579 CAD | Total Assessment | $27,579 CAD |
Property Taxes
Presented by
1152 Hill st
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