Downtown Area, Alamitos Beach (4) Land for Sale

Welcome to the vibrant Downtown Area of Long Beach, California, where urban sophistication meets coastal charm! Nestled in the heart of Los Angeles County, this dynamic neighborhood is a hub of activity, culture, and opportunity. With its stunning waterfront views, eclectic dining, and lively entertainment scene, Downtown Long Beach offers a unique lifestyle that attracts both residents and investors alike.

Just a stone's throw away, the picturesque Alamitos Beach beckons with its golden sands and inviting ocean waves. This idyllic beach community is perfect for sun-seekers, outdoor enthusiasts, and anyone looking to embrace a coastal lifestyle. Imagine waking up to the sound of the surf and enjoying morning strolls along the shoreline. The nearby parks and bike paths make it easy to connect with nature while still enjoying the conveniences of urban living.

For those considering a real estate investment, there’s an exciting opportunity with land for sale in this sought-after region. Whether you envision building a stunning beachfront property or a chic urban retreat, the possibilities are endless. The Downtown Area is not only known for its rich cultural offerings, including art galleries, theaters, and music venues, but it also boasts a robust real estate market that continues to thrive.

Investing in land in Downtown Long Beach or Alamitos Beach means becoming part of a community that values innovation and growth. Don’t miss your chance to be a part of this vibrant locale where the sun shines bright, and the future is full of potential. Explore the opportunities that await you in this beautiful part of California!

Newest Downtown Area, Alamitos Beach (4) Land for Sale

$1,799,000

PW26190004 MLS ⋅ Active Status

317 Elm Avenue presents a rare opportunity to acquire a truly hands-off, income-producing asset in the heart of Downtown Long Beach. Located directly across the alley from a major United States Postal Service facility, the 7,512-square-foot parking lot is leased to the USPS for truck parking. Beginning February 1, 2027, the property will generate $9,895.83 per month—or $118,750 annually—under a new five-year lease. The USPS is responsible for all property maintenance, providing the owner with predictable income and minimal day-to-day management. Competitively priced at a 5.3% cap rate, the property offers investors an attractive combination of reliable income, exceptional credit tenancy and minimal operating responsibility. Notably, with no viable alternative parking for their vehicles in the area, the USPS operates as a captive tenant—a dynamic that strengthens the likelihood of lease renewal and creates a compelling opportunity to negotiate extended terms beyond the initial five-year period if desired. Beyond its strong current cash flow, the property offers compelling long-term development potential. The parcel is located within Downtown Long Beach’s PD-30 zoning district, positioning it for a variety of future development possibilities. The five-year lease runway gives an investor time to evaluate, design and pursue entitlements for a future project while continuing to collect substantial rental income.

317 Elm, Long Beach

$1,300,000

SR26115717 MLS ⋅ Active Status

Exceptional multifamily development opportunity in the rapidly transforming Midtown area of Long Beach. This offering consists of two adjacent vacant parcels totaling approximately 12,981 square feet, commonly known as 1730 Long Beach Blvd. (APN 7269-021-020) and 318 E. Esther St. (APN 7269-021-019). The properties are located directly across from the Metro light rail station and are situated within the highly desirable SP1TN (Special Purpose Transit Node) zoning overlay and Midtown Specific Plan. The site presents a rare opportunity for a developer to capitalize on Long Beach’s strong push for higher density and affordable housing development. Current zoning and transit oriented development incentives may allow for the development of approximately 60+ multifamily units, with potential upside through evolving state and local housing legislation, including SB 79 transit oriented housing incentives. The property benefits from exceptional accessibility and proximity to major employment and lifestyle drivers, including Downtown Long Beach, the Port of Long Beach, Long Beach Airport, St. Mary Medical Center, CSU Long Beach, shopping, dining, and major transportation corridors. The transit node designation may significantly reduce parking requirements, creating additional development efficiency and density potential. Long Beach continues to experience substantial public and private investment ahead of the 2028 Olympics, while the City remains under pressure to add significant new housing inventory. Developers may also benefit from various affordable housing grants, incentives, and financing programs offered by the City and State. Rare infill development sites with transit node zoning and this level of positioning are increasingly difficult to find in Southern California.

1730 Long Beach, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.