$749,000

According to City of Long Beach zoning information, the property is designated RMU4-A (Residential Mixed-Use), providing potential for higher-density residential development. Preliminary discussions with the Long Beach Planning Bureau indicated the possibility of approximately 6-8 residential units, building heights up to five stories, and potential exemption from on-site parking requirements. The approximately 7,500-square-foot parcel is improved with an existing single-family residence, providing an alternative opportunity for buyers interested in retaining, renovating, or occupying the home while exploring future development possibilities. Located along the Pacific Avenue corridor with convenient access to Downtown Long Beach, transportation, shopping, dining, and major employment centers.IMPORTANT DEVELOPMENT DISCLOSURE: All references to zoning, density, potential unit count, building height, parking exemptions, allowable uses, and development opportunities are preliminary estimates and are not representations or guarantees of development rights or project approval. No approved development plans or entitlements are represented. Buyer and buyer's agents are solely responsible for conducting their own independent investigations with the City of Long Beach Planning and Building Departments and qualified architects, engineers, and other professionals to verify zoning, permitted uses, development standards, feasibility, costs, and all applicable regulations. Property is offered in its present as-is condition. Alley access. Will be delivered vacant at COE.