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For sale
  • $3,850,000

    154 Elm Ave, Long Beach, CA 90802

    --beds
    0baths
    7,500sqft
    : 
    $26,449/mo
    Get pre-qualified
    Multi Family
    Built in 1921
    -- sqft lot
    $3,622,800 Zestimate®
    $513/sqft
    $-- HOA

    What's special

    Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growthand a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, withconvenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the GrandPrix 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!
    7 days
    45
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Elena Tarasova DRE # 01718015 310-893-9981,

    Douglas Elliman of California, Inc. 424-203-1800

    Source: CLAW,MLS#: 26908925MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Combination
      Cooling
      • Air Conditioning
      Appliances
      • Laundry: None
      Interior area
      • Total structure area: 7,500
      • Total interior livable area: 7,500 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      • Spa features: None
      Lot
      • Size: 3,720 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 7281019008
      • Zoning: LBPD30
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1921

      Utilities & green energy

      • Sewer: In Street
      • Water: Public

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s)
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $513/sqft
      • Tax assessed value: $2,167,500
      • Date on market: 8/29/2026
      • Total actual rent: 0

        Estimated market value

        $3,622,800

        $3.44M - $3.80M

        $2,119/mo

        Price history

        DateEventPrice
        8/29/2026Listed for sale$3,850,000+137.7%$513/sqft
        Source: CLAW #26908925 Report a problem
        2/24/2025Sold$1,620,000$216/sqft
        Source: CRMLS #NP24250696 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $2,142,000 -1.2%
        2025$33,994 +347.4%$2,167,500 +1715.1%
        2024$7,599 +3.6%$119,418 +2%
        2023$7,336 +4.7%$117,077 +2%
        2022$7,006 +15%$114,782 +2%
        2021$6,090 +1.5%$112,533 +1%
        2020$5,998 $111,380 +2%
        2019$5,998 +6.1%$109,197 +2%
        2018$5,654 $107,056 +2%
        2017$5,654 +2.4%$104,958 +2%
        2016$5,523 +5.7%$102,901 +1.5%
        2015$5,227 $101,356
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Village

        Getting around

        97 / 100
        Walker's Paradise
        75 / 100
        Excellent Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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