318 Esther Street, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
318 Esther Street,Long Beach, CA 90813
$1,500,000
  • 0.3 Acres
  • Lots / Land
  • Active
Listed by:aaron berger
Office:rubix realty
MLS#:SR25143359
Source:CAREIL

Price summary

  • Price:$1,500,000

About this home

Excellent opportunity to develop 60–70 subsidized affordable or moderate-income units on a lot in Long Beach’s 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 on Long Beach’s 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:90 day(s) ago
  • Updated:August 24, 2025 at 04:26 PM

Structure and exterior

  • Lot area:0.3 Acres

Finances and disclosures

  • Price:$1,500,000
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