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Investment Highlights

  • Two Contiguous Parcels Positioned Together For Unified Redevelopment Potential
  • Centrally Located In An Urban Neighborhood With Established Infrastructure
  • Anticipated Availability Of Nearby Parcels Enhances Long-Term Assemblage Options
  • Current Year-To-Year Tenancy Provides Interim Income And Flexibility For Future Plans
  • Additional Parcel At 1403 Elm Avenue Offered By Same Seller For Expanded Opportunity
  • Strategic Long Beach Location In One Of Southern California’s Most Supply-Constrained Markets

Executive Summary

This offering presents a rare Long Beach infill opportunity featuring two contiguous parcels at 1425 and 1429 Elm Avenue, offered together as a unified investment and redevelopment prospect. Located in the heart of Long Beach, these parcels are currently leased on a year-to-year basis and operated as a small school campus, providing interim income and long-term flexibility for redevelopment plans.
The properties feature valuable frontage and positioning within an established urban neighborhood where assemblage opportunities are increasingly challenging to secure. Existing portable classroom structures on-site are tenant-owned and excluded from the sale, preserving adaptability for future development strategies. Whether acquired as a stand-alone investment or incorporated into a larger assemblage, this site delivers significant potential for redevelopment in one of Southern California’s most supply-constrained markets.
Buyers may also consider a future opportunity for expanded scale as additional adjacent parcels, including 1403 Elm Avenue from the same ownership, and 1411 Elm Avenue plus 325 E. 14th Street from separate ownerships, are anticipated to become available. This creates an exceptional long-term land banking scenario in a centrally located Long Beach neighborhood with strong redevelopment appeal.

Property Facts

Sale Type Investment
Property Type Specialty
Property Subtype Residential Income
Building Class B
Lot Size 0.31 AC
Construction Status Proposed
Building Size 5,000 SF
No. Stories 1
Zoning LBPD29 - Planned Development and Mixed-Use Zoning
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 7269-026-034
  • 7269-026-033
Land Assessment
$368,550 CAD
Improvements Assessment
$92,261 CAD
Total Assessment
$460,811 CAD
  • Listing ID: 41144345

  • Date on Market: 2026-07-02

  • Last Updated:

  • Address: 1429 Elm Ave, Long Beach, CA 90813

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