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318 E Esther, 
Long Beach, CA 90813

$1,500,000

—

Bed

—

Bath

-

Sq Ft

0.30

Acres (Lot)

Land

Active

Listed by

Aaron Berger

Rubix Realty

Last updated:

June 28, 2025, 01:53 PM

MLS#

SR25143359

Source:

SANDICOR

About This Land

318 E Esther

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. 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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.30

MLS #:

SR25143359

Last Updated:

June 28, 2025, 01:53 PM

Added:

3 day(s) ago

Finances & Disclosures

Finances

Price:

$1,500,000

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.