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- LoopNet Team
201 W Pacific Coast Hwy
Long Beach, CA 90806
201-231-245 W Pacific Coast Highway · Land For Sale · 1.11 AC
INVESTMENT HIGHLIGHTS
- Zoned CHW and SP-1-TN, perfect for mixed-used development
- 3 separate parcels of flat, buildable land spanning about 49,000 SF total (1.13 AC)
- Located within Opportunity Zone - Tax Incentives available
PROPERTY FACTS
DESCRIPTION
Prime Mixed-Use Development Site on Pacific Coast Highway in Long Beach Presenting a rare opportunity to acquire a large corner lot at 201-245 W Pacific Coast Highway, a high-traffic area with 3-sided street frontage, ideally situated just two miles from downtown Long Beach. Zoned CHW and SP-1-TN, this site offers flexibility for mixed-use development, including affordable housing. Located within a designated Opportunity Zone, investors can capitalize on substantial tax incentives, including deferred and potentially eliminated capital gains taxes, creating a compelling option for long-term real estate holdings. Entitlements expired as of March 2024, giving new owners the freedom to shape this site’s future in the heart of Long Beach.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,276,252 | |
| Land Assessment | £2,749,882 | Total Assessment | £4,026,134 |
PROPERTY TAXES
ZONING
| Zoning Code | CHW and SP-1-TN (Mixed use land. Multifamily, retail, and commercial developments.) |
| CHW and SP-1-TN (Mixed use land. Multifamily, retail, and commercial developments.) |
