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Millman Team Real Estate

$3,850,000
0.09 Acre Lot

154 Elm Avenue, Long Beach, California 90802

  • Commercial Sale Property Type
  • 1921 Year Built
Property Description

Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growth and a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, with convenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach’s signature annual events, including the Grand Prix and Pride, further contribute to the area’s year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site’s future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California’s most dynamic urban districts!

Basic Details
Commercial Sale
For Sale
26897143
$3,850,000
1921
0.09 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Long Beach
90802
Elm
154
Avenue
W119° 48' 45.8''
N33° 46' 8.9''
E Broadway to Elm Ave
4 - Downtown Area, Alamitos Beach
LBPD30
Additional Information
$0
$0
$0
$0
$0
7500
1
18
2026-08-27
Multi-Family
2
Broker/Agent Information
Douglas Elliman of California, Inc.
Elena Tarasova
Listing Information
CLW-C130612
CLW-X7688901
Active
2026-09-13T17:54:05Z
CRMLS
: Standard
2026-08-27T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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