318 E Esther, Long Beach, CA 90813

Local realty services provided by:ERA Donahoe Realty
#1#2#3
318 E Esther,Long Beach, CA 90813
$1,500,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by:aaron berger
Office:rubix realty
MLS#:SR25143359
Source:SANDICOR

Price summary

  • Price:$1,500,000

About this home

Excellent opportunity to develop 6070 subsidized affordable or moderate-income units on a lot inLongBeachs 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 onLongBeachs growing demand for affordable housing. Contact us for the full appraisal, comps, and city incentive info.

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Home facts

  • Listing Id #:SR25143359
  • Added:54 day(s) ago
  • Updated:August 20, 2025 at 02:01 PM

Finances and disclosures

  • Price:$1,500,000
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