$295.98 Per Sq Foot $5,261 est/mo Sourced by Back At You

1434 E Broadway,Long Beach, CA 90802

Long Beach CA, 90802

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Description

Value-add opportunity. 1434 E Broadway is located at within the Imperial Beach neighborhood of Long Beach. The property was originally built in 1917. This offering is an opportunity for an investor or owner/user to design and construct a dream space in this bustling neighborhood. Currently, the property's interior was completely gutted to the studs and ready for improvements to be constructed. No parking requirements for this property. In September 2022, the Governor signed Assembly Bill (AB) 2097, which prohibits a public agency from imposing or enforcing minimum vehicle parking requirements on any residential, commercial, or other development project that is within one-half mile of a Major Transit Stop, with some minor exceptions. The City of Long Beach has identified Metro A Line stations, as well as bus stops along Anaheim Street, PCH, Cherry Avenue, and Atlantic Avenue as major transit stops within the City Core plan area. Because these areas overlap with parking impacted communities, the City of Long Beach will monitor potential negative local impacts on parking as a result of the new policy, and invest in the active transportation and transit projects described previously to lessen the demand for parking.

Details

MLS#OC24115816
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1917
Days On Site42
Listing Provided ByRoman Ciuni, Broker 213-842-1539 | Roman Ciuni
Buying Commision$0

Features

SQ Feet3,311
Story(s)1
Building(s)1
Acreage0.08

Market Activity 90802

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90802
Area4 Downtown Area | Alamitos Beach
Listing VS Median (in 90802)
Price:
$980,000
low | high
Med:
$475,000
100% of Average
SqFt:
3,311
low | high
Med:
539
100% of Average
$ / SqFt:
$296
low | high
Med:
$881
100% of Average
On Site:
42
low | high
Med:
16.000000
100% of Average
Sourced by Back At You
Listing Updated: June 28, 2024 at 3:54:34 PM PDT