$1,500,000

318 E Esther St Long Beach, CA 90813

Central Neighborhood

Estimated payment $9,713/month

Total Views 2,734
0.3 Acre
$5,033,557 Price per Acre
12,981 Sq Ft Lot

About This Lot

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 & 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.

Listing Agent

Aaron Berger

Rubix Realty Brokerage Email: aaron@aaronbergerlaw.com License #01944602 Listed on: 06/26/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.3 Acre Lot
  • Density is up to 1 Unit/Acre
  • 7269021020
  • Property is zoned LBPD29

Additional Features

  • Urban Location
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 7269021019
  • $478 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: LBPD29
  • Property Type: Land
  • Parcel Number: 7269021019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 115.55

Utilities

  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7269021020
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12981.00
  • Lot Size Acres: 0.2980

Multi Family

  • Lot Size Area: 12981.0000 Square Feet

Tax Info

  • Tax Census Tract: 5753.00
  • Tax Lot: 19
  • TaxOtherAnnualAssessmentAmount: 478.00

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $1,500,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25143359

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90813 Central

318 E Esther St, Long Beach, CA

This home is located at 318 E Esther St, Long Beach, CA 90813 and is currently priced at $1,500,000. 318 E Esther St is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Washington Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. 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

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Listing Agent
Aaron Berger
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Rubix Realty
(562) 647-1047