$3,850,000

Estimated payment $23,265/month

Total Views 2
-- Beds
-- Baths
7,500 Sq Ft
$513 Price per Sq Ft

Highlights

  • 0.09 Acre Lot
  • 3-minute walk to 1St Street Station
  • 4-minute walk to Promenade Square Park
  • Long Beach Polytechnic High School Rated A
  • Air Conditioning

About This Home

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!

Listing Agent

Elena Tarasova

Douglas Elliman of California, Inc. License #01718015 Listed on: 08/14/2026

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,720 Sq Ft Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Air Conditioning
  • Sewer in Street

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 7281-019-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

3,720 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 7500
  • Lot Acreage: 0.0854
  • Probate: No
  • Stories: 2
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 513.33

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Utilities

  • Cooling: Air Conditioning
  • Heating: Combination
  • Security: Fire Sprinklers, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 80.00
  • Assessed Improvement Value: 1734000
  • Assessed Land Percent: 20
  • Assessed Land Value: 433500
  • Total Assessed Value: 2167500
  • Assessor Parcel Number: 7281-019-008
  • Lot Size Area: 3720

Multi Family

  • Unit Type: 2106
  • Number Of Units: 18
  • Type Of Units: Mixuse

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $33,994 $2,142,000 $433,500 $1,708,500
2025 $33,994 $2,167,500 $433,500 $1,734,000
2024 $7,599 $119,418 $46,632 $72,786
2023 $7,336 $117,077 $45,718 $71,359
2022 $7,006 $114,782 $44,822 $69,960
2021 $6,090 $112,533 $43,944 $68,589
2019 $5,879 $109,197 $42,642 $66,555
2018 $5,654 $107,056 $41,806 $65,250
2017 $5,523 $104,958 $40,987 $63,971
2016 $5,227 $102,901 $40,184 $62,717
2015 $5,084 $101,356 $39,581 $61,775
2014 $5,011 $99,371 $38,806 $60,565
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2026 08/14/26 For Sale $3,850,000 +137.7% $513 / Sq Ft
02/24/2025 02/24/25 Sold $1,620,000 -14.5% $216 / Sq Ft View Prior Sale
12/17/2024 12/17/24 For Sale $1,895,000 -- $253 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,620,000 First American Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,235,000 New Conventional
Closed $1,134,000 Credit Line Revolving
Source: Public Records

Source: The MLS

MLS Number: 26908925

The MLS

APN: 7281-019-008

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