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154 Elm AvenueLong Beach, CA 90802

Los Angeles County

$3,850,000List price
7,500Sq Ft
1921Year built
0.09Acre lot
2Stories
9 weeks agoOn market

Description

Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growthand a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, withconvenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the GrandPrix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!

Property Information

Property type
Residential Income
Year built
1921
Stories
2
Living area
7,500 Sq Ft
Lot size
0.09 acres
Zoning
LBPD30
Days on market
68
MLS® Listing#
26908925

Property Features

Pool
None
Parking
None
Laundry
None
Security
Carbon Monoxide Detector(s) · Fire Sprinkler System · Smoke Detector(s)
Sewer
Other

Financial Details

HOA
None
Parcel number
7281019008

Directions

S Broadway to Elm Ave

Listing Courtesy: Douglas Elliman of California, Inc. - 4242031800

Presented by: Elena Tarasova

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-14 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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  • Krissy Allen

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    EXIT Alliance Realty

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