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Land For Sale • 1.11 AC
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.
| Zoned CHW and SP-1-TN, perfect for mixed-used development |
| Located within Opportunity Zone - Tax Incentives available |
| 3 separate parcels of flat, buildable land spanning about 49,000 SF total (1.13 AC) |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 0 min | 6 min | 0.3 mi |
| Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 15 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 9 min | - | 4.1 mi |
| Los Angeles International | 29 min | - | 20.7 mi |
| John Wayne/Orange County | 32 min | - | 21.7 mi |
Jason Lee
JLM Real Estate Inc.
Jason Lee
JLM Real Estate Inc.
