300 Alamitos Avenue

300 Alamitos Avenue

Long Beach, CA 90802

$4,900,000
Last Sold Price
25,700 / 0.59
Lot Size / Acres

Sold 5/23/23

Sold 5/23/23

a city view with tall buildings
a front view of a building with street view
a front view of a building with a garden and plants

Description

We are pleased to present 300 Alamitos Avenue in Downtown Long Beach, California. The Offering is fully entitled for a 71 unit multifamily building in Prime Alamitos Beach. The mid-rise development will comprise of 89,662 SF of rentable area consisting of Studio, 1 Bed and 2 Bed units. Community amenities include a garden, fitness center, rooftop deck, bike kitchen, incredible views of the ocean, etc. The 0.59 acre site has excellent frontage on Alamitos Avenue and is approximately 4 blocks from...We are pleased to present 300 Alamitos Avenue in Downtown Long Beach, California. The Offering is fully entitled for a 71 unit multifamily building in Prime Alamitos Beach. The mid-rise development will comprise of 89,662 SF of rentable area consisting of Studio, 1 Bed and 2 Bed units. Community amenities include a garden, fitness center, rooftop deck, bike kitchen, incredible views of the ocean, etc. The 0.59 acre site has excellent frontage on Alamitos Avenue and is approximately 4 blocks from the sand and ocean of Alamitos Beach. The Offering is well located within Downtown Long Beach's core which is undergoing a major urban revival with public and private investment. The Site boasts a Walk Score of 97 and is proximate to many popular restaurants, nightlife, entertainment, waterfront activities, etc. Long Beach has been experiencing a boom in major developments, attracting new investors and tenants. There's over $3.5 billion new construction projects throughout the city. This level of development has created approximately 9,000 new jobs. The Downtown Plan (PD-30) has become the driving force of this revitalization. The Offerings fully entitled status offers investors and developers a quick path to this booming market with the ability to break ground shortly after close of escrow.
  1. Listed by Filip Niculete • DRE #01905352 • Brokerage DRE #01240999 • Marcus & Millichap
  2. Listed by Glen Scher • DRE #01962976 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 300 Alamitos Avenue

Zoning
LBPD30
Parcel Number
7275001083
Area
Downtown Area, Alamitos Beach (4)
Lot Size Area
25700
Source Lot Size Area
Other
Assessor Parcel Number
7275-001-083
Directions
Alamitos & 4th

Location

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Sold By Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Add your commute
LISTING UPDATED: 05/23/2023 04:42 PM

Property Details for 300 Alamitos Avenue

StatusSold
MLS #22-136247
Days on Market379
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.59 AC
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Sold By Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Add your commute

Building Information for 300 Alamitos Avenue

Lot Size0.59 AC

Payment Calculator

$28,297 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,741

Property Taxes

$1,556

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 300 Alamitos Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.5154
  • Lot Size Square Feet: 25700
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-14-2022

Property History for 300 Alamitos Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 300 Alamitos Avenue

Taxable ValueLand$1,011,981Additions$8,874Total$1,020,855
Tax Record2023$18,678 ($1,556 / month)
Home Facts
Lot Size22,449 SqFtStyleParking LotZoningLBPD30CountyLOS ANGELESAPN7275-001-083

Schools near 300 Alamitos Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Stevenson Elementary School
Public - K to 5
Franklin Classical Middle School
Public - 6 to 8
Polytechnic High School
Public - 9 to 12
Renaissance High School For The Arts
Public - 9 to 12
Rating
School
Distance
Stevenson Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Renaissance High School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.